People (November 23, 1987)
Toronto Stock Exchange — Terry Popowich assumes position of vice-president domestic trading, succeeding Huntly F. McKay who is retiring for reasons of health.
News
Letters to the Editor Ignorance of Ireland
If I were of Irish descent and a Northern Miner subscriber, I would be inclined to cancel my subscription forthwith. As I am neither, I wish merely to say the last paragraph of your editorial IRA’s sh…
Messeguay probes property at depth
A drilling program at the Launay gold property in northwestern Quebec continues to investigate at depth, Messeguay Mines reports. The property is located about 25 miles northeast of Rouyn-Noranda and …
Inco regains lead in world nickel market
The fruits of seven hard years of downsizing, restructuring and rationalization are finally being enjoyed by Inco Ltd. One of the most tangible benefits of the rationalization program has not only bee…
Taywin completes drilling Electrum gold/silver bet
Encouraged by drill results at its Electrum gold- silver prospect on Vancouver Island, Taywin Resources is considering the possibility of direct shipping some of the high grade ore on the property. Pr…
Demand, low inventories send copper prices flying
When copper producers in the future look back at 1987, they will probably do so with some fondness. Steadily rising prices this year have seen the base metal touch $1.25(US) per lb on the London Metal…
Flow-through equips Power for Dryden area ventures
Toronto-based Power Explorations has added $3,103,325 to its treasury through a recent flow- through share issue and by exercising some Series A warrants, the company says. As a result, Power is fully…
United Minerals explores newly aquired BC claims
Preliminary work is under way at Canadian United Minerals’ recently acquired Fireweed polymetallic prospect 10 km west of Noranda’s Bell mine in central B.C. Trenching and sampling, along with geologi…
Brohm partner ensures future financing needs
The major shareholder of Brohm Resources’ Ventures Trident Partnership, says that it is committed to ensuring that financing is available to Brohm for continuation of construction at the Gilt Edge gol…
Grange Gold and Asamera drilling U.S. gold bet
Joint venture partners Grange Gold Corp. and Asamera Inc. are undertaking a 5,000-ft underground drilling program at the Lovitt gold mine in Wenatchee, Wash. The companies are joint owners of the Lovi…
High grade raise blasted by Chesbar
Underground exploration on the Chester Twp. gold project near Gogama, Ont., is yielding high grade gold values, partners Chesbar Resources and Murgold Resources say. A drift on the 200-ft level averag…
Acadia options Mooseland to major U.S. mining company
A decision on whether or not to go ahead with mine planning and mining feasibility studies on the Mooseland gold property 45 miles northeast of Halifax, N.S., will be made no later than Jan 10, The No…