Neomar, Barrick, Roy-L: agreement in principle
An agreement in principle has been arranged among Toronto-listed Neomar Resources and American Barrick Resources Corp. and the Roy-L Group of companies, which is controlled by Joseph L. Rotman. The ar…
News
Partners reviewing Golden Pond study
The Golden Pond feasibility study has been completed by Inco Ltd. and is being reviewed by the project partners, an Inco spokesman tells The Northern Miner. The Golden Pond project, located in Casa Be…
Three major thrusts by Inco Limited on polution control
Inco Ltd. says work will continue during 1987 on three major activities involved in the development and testing of new processes to further reduce sulphur dioxide emissions from its Sudbury, Ont., sme…
Tumbling price of nickel splatters red ink on Inco
The sharp drop in nickel prices has splattered more than a few drops of red ink on the latest financials put out by Inco Ltd. Though the nickel producer has managed to break even for the latest fiscal…
Granduc to participate in Sulphurets 1987 work
It looks like Granduc Mines will be participating in at least the first stage of the 1987 work program on the Sulphurets property in northwestern B.C. Newhawk Gold Mines and Lacana Mining have already…
Letter to the Editor Reader seeks Maybrun information
The Northern Miner has enjoyed a long-established reputation as a perceptive and informative publication, reporting activities within the Canadian mining industry. There is, however, an investigative …
Lansdowne to merge with Beaver Creek
Lansdowne Oil and Minerals plans to merge with Beaver Creek Goldfields on a share-for-share basis following regulatory approval. Beaver Creek recently optioned two properties in Quebec. In Desjardins …
Locator off and running with cash and drilling projects
Newly listed Locator Exploration, headed by well-known geologists Edward Thompson, David Rogers and William Hill, is off and running with more than $400,000 in its treasury and drilling under way on o…
Marker to drill Twin Lake zone
Diamond drilling is scheduled for this month on the Twin Lake shear zone in the Flin Flon area of Manitoba by Alberta-listed Marker Resources. Crews are currently evaluating the target area which is m…
Gold production 480,000 oz for Echo Bay Mines in 1987
With 480,000 oz of gold estimated to be produced this year, output has more than quadrupled for Edmonton-based Echo Bay Mines from the 118,000 oz poured back in 1983 from its then-only gold mining ope…
Murray Pezim believed out to regain Corona
The man who financed International Corona and through it the discovery of the Hemlo gold camp wants his money back. Murray Pezim has gone public about a rift with Corona Chairman Peter Steen and he ma…
COATS Trading Features (February 09, 1987)
The most glamorous gold issue of the decade hit the markets this week. Hemlo Gold Mines, which was issued at $19.25, opened up at $20.63 and closed at $20.75. The issue traded as high as $21 on good v…