News


Denison, Greece sort out oil deal

The government of Greece plans to nationalize the oil and gas fields in the Aegean Sea held by an international consortium led by Denison Mines. In March the government said it would draft a bill allo…


Charlim and Ormico buy Direct interest

Recently increasing their interest in the Goldex gold extension property located in Dubuisson Twp. about six km from Val d’Or, Que., were Ormico Exploration and Charlim Explorations. The two companies…


Partial dewatering by Cambior, Maufort

The first six levels of the former Siscoe gold mine in northwestern Quebec were dewatered during the recently completed first-phase of an exploration program being undertaken on the property by Cambio…



Gold-backed Giscard bond poses problems for French

A bond issued almost 15 years ago which is backed by a large amount of gold and which carries a Jan 16 redemption date is causing problems for the French government. Six-and-a-half-million Giscard bon…


Montreal Exchange: Abitibi Metals popular

What looked to be a definite upturn in the market, with the gold price stepping however briefly over the $500(US)-per-oz hurdle and the me’s mining and minerals index experiencing daily gains of 33.6 …


Letters to the Editor Another vote for a Hall of Fame

As a son of a well-known prospector, I’m very concerned that we are losing a vital part of our mining heritage; our prospector. The prospector’s role in the industry today has changed dramatically sin…


HAIME meetings

Three industry leaders will discuss the technology of profitability at the 117th annual meeting of the American Institute of Mining, Metallurgical and Petroleum Engineers (aime) set for Jan 25, 1988, …


Black Swan plans major program in Queensland

A major underground program is planned at Black Swan Gold Mines’ Merriland project in Queensland, Australia. In the past two years drilling has outlined a reserve of 110,000 tons grading 0.35 oz gold …


Estrades reserves increased by Teck

Drilling by Teck Explorations on the Estrades polymetallic deposit shared with partners Golden Hope Resources and Golden Group Explorations, has elevated reserves above the minimum tonnage required fo…


Hemlo decision imminent says Lac

As this issue of The Northern Miner went to press, Lac Minerals said it had been informed that the Supreme Court of Canada was to give its decision Dec 17 on Lac’s application to appeal an Ontario Cou…


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