Acadia/Hecla deal signed
An agreement between Toronto- listed Acadia Mineral Ventures and the Canadian subsidiary of Idaho- based Hecla Mining was signed this week. Over the next three years, the agreement could give Acadia a…
News
Brenda quits oil, seeks other interests
It’s probably safe to say the demise of Brenda Mines (TSE) has been greatly exaggerated. The low grade copper producer near Peachland, B.C., has endured two mine closures in recent years and it only r…
News in Brief (May 23, 1988)
Argo Development has changed its transfer agent to Guaranty Trust Co.
Seminar on ground control at Laurentian University
A professional development seminar on rock mass failures in hard rock mining will be held June 1-3 at Laurentian University, Sudbury, Ont. The seminar will run in conjunction with a Canadian mining an…
Echo Bay earnings
Net earnings of $10.9 million(US), or 11 cents per share, were reported by Echo Bay Mines (TSE) for the first quarter of 1988, compared with $8.1 million, or 9 cents per share, for the same period la…
Queries Kodiak no longer at Copperkettle Creek
It is my understanding that there is a lot of prospecting going on in the Copperkettle Creek area near Greenwood, B.C. As a former shareholder in Kodiak Minerals, I would like to know whether Kodiak…
Correction (May 16, 1988)
Contrary to what was reported in the May 2 issue of The Northern Miner, Vancouver-based Nevada Goldfields (VSE) has not acquired a 51% interest in Rockford Minerals (TSE).
New Privateer Mine to start operating
New Privateer Mine says permission has been received for the treatment of the first 10,000 tons of ore in the recently-completed concentrator. Progress is under way with both primary and secondary cru…
Flush with 1987 successes, future bright for drillers
Members of the Canadian diamond drilling industry has just completed their twelve busiest months on record. The ’87-’88 drilling season caps a 5-year period in which there has been an estimated 220% i…
Brohm Gilt Edge reserves
An independent analysis of reserves has been prepared by a U.S. consulting firm for Brohm Resources’ (TSE) Gilt Edge project in South Dakota. Proven and probable oxide reserves now stand at 6.2 millio…
Platinova sees cash flow from wollastinite in ’89
Platinova Resources (TSE),is a fast-moving 2-year-old company whose credo is to explore for and develop specialized commodities with high growth potential. One of the first of such projects to possibl…
Strengthened Noranda looks for even better year in ’88
First-quarter results by Noranda Inc. (TSE) picked up where they left off at the end of 1987, with the diversified resources company recording net earnings of $129 million, or 66 cents per share, com…