Bitech signs deal with Greenstone
Alberta-listed Bitech Energy Resources and a wholly-owned subsidiary of Vancouver-listed Greenstone Resources have signed a formal joint venture agreement regarding the Tache property near Chibougamau…
Articles by Northern Miner Staff
Editorial Tax reform will not be delayed
It seems the suspense over Federal Finance Minister Michael Wilson’s tax reform proposals and whether or not he will make changes in flow-through share financing will not be too prolonged after all. …
Toronto Stock Exchange Golds steams ahead over the 9,000 level
Golds picked up steam this week thanks to that on-again off-again U.S. dollar. An advance of 336.44 pts pushed the gold and silver index back above the 9,000 level to 9,233.24. On commodity markets go…
Atlantic Report New N.S. company into gold action
Scotia Prime Resources, a new Halifax-based company that is entering the Nova Scotia gold play, has acquired several properties with gold potential in the Meguma Group of rocks. Among them are former …
Silver production a go at Hellens- Eplett mine
Way back in late 1979, Toronto- listed Silverside Resources started working a high grade silver prospect in the famed Cobalt area of Ontario. Now eight years and about $5.5 million later, the company …
Beaver lists on TSE
The shares of Vancouver-based Beaver Resources were posted for trading on the Toronto Stock Exchange under the stock symbol “bgi” effective April 27. The original listing is in the mining category for…
Skyline has new subsidiary
Skyline Explorations has incorporated a new subsidiary to hold its Inel claim group, situated near the company’s proposed mining operation in the Johny Mountain area north of Stewart, B.C. The subsidi…
Gibralter quarterly loss about equal to last year’s
Gibraltar Mines reports a loss of $1,184,000 or 10 cents per share on revenues of $14,975,000 for the first three months of 1987. This compares to a loss of $1,141,000 or 10 cents per share on revenu…
Queries New Pascalis back to life
I’ve heard rumors that there is some drilling going on at the New Pascalis Mines property up near Val d’Or, Que. I’d understood that that property was just about out of the picture as far as any furth…
Placer, Dome/Campbell to merge
In what will certainly represent the largest mining merger in Canadian history, Placer Development, Domes Mines, and Campbell Red Lake Mines have agreed to form a new company which will have a market …
Granges to get Ican shares
An extension has been secured by Granges Exploration to acquire 3.3 million shares of Ican Minerals on a share exchange basis. Citing “unavoidable delays encountered in acquiring drill hole samples fo…
Mining policy set for May 20
The federal minister of state for forestry and mines gave few clues to his new mining policy in a speech to a luncheon gathering at the 89th annual meeting of the cim in Toronto. Gerald Merrithew is s…