EXPLORATION ’87 GETTY
Formed in mid-1986 from the subsidiaries of Getty Oil Co., Toronto- listed Getty Resources appears to have a bright future. Richard Atkinson, who successfully led a group of private investors in the p…
Articles by Northern Miner Staff
Over $11 million to be raised for Golden Triangle
Golden Triangle Mining Exploration says it has an agreement with Golden Day Explorations and Co., Ltd. Partnership, for the latter to provide Golden Triangle with up to $11,305,000. Golden Triangle wi…
Marker earmarking $2m. for exploration
Marker Resources says the First Exploration Fund 1987 has committed $1 million for Marker’s exploration programs this year, and a further $1 million for the 1988 program. Marker plans a drill program …
Noranda workers vote to accept new contract
Employees of Noranda Minerals, Horne Division and Chadbourne Division, on strike since Nov. 5 of last year, agreed to a new 3-year contract with the company effective Feb 23. The Rouyn-Noranda area wo…
ON THE MOVE Brunswick Mining & Smelting Corp.
John Moerman has been appointed senior vice- president of Brunswick Mining & Smelting Corp. He will be responsible for the mine, smelter and fertilizer divisions of BM&S. Also appointed were: Alan You…
Letters to the Editor State ownership is frightening
When I read the article by James Borland in the Feb 9 issue of The Northern Miner, under the title “State ownership nothing to fear,” I not only became frightened but also got the feeling that I must …
Montreal Exchange Syngold shares active
When a company trades close to half a million shares during the week, it is not always easy to discover the reason why. Such is the case with Syngold Exploration. The mining firm closed at $2.47, up 5…
Alberta Stock Exchange Monte Carlo High roll
A grass roots gold exploration play in Aruba is giving Monte Carlo Resources a ride. The issue, which has received coverage in the Caribbean press, added another 50 cents to $2 — that’s up a dollar …
Duration, Thor sign agreement for exploration
A letter of agreement covering exploration of 48 claims in the Bamoos Lake area in northern Ontario has been signed by Duration Mines and Thor Lake Explorations. The property, located about 40 miles n…
Placer Gold largest contributor to Placer’s ’86 earnings
Reflecting the sale of a 21.4% interest in an Australian subsidiary, Placer Development reported net earnings of $70.3 million or $1.59 per share in 1986 compared to $35.3 million or 82 cents per shar…
Research
Searching for Signatures: Evidence for the magmatic origins of gold ** Tired of looking for gold deposits in the heavily explored camps of the Precambrian Shield? Well, consider moving outside the na…
EXPLORATION ’87 DOME
The Dome Mines Group’s basic mineral exploration budget for 1987 will be $14.2 million, compared to about $13 million in 1986. The group will contribute an additional $700,000 to a proposed $2-million…