News

Imperial Metals has picked up an 18.7% beneficial interest in the Crow Butte in-situ uranium deposit in Nebraska. With reserves estimated at over 40 million lb and capital/ operating costs expected to…

Toronto-listed Acadia Mineral Ventures has $5.4 million in flow- through money “locked in” to finance some major exploration work in Nova Scotia over the next 12 months. Commitments have been received…

An improved fourth quarter allowed Brunswick Mining and Smelting to cut its 1986 loss to $6.9 million, compared with a loss of $5.6 million in 1985. Net earnings during the last quarter of 1986 were $…

The fast-moving, gold-oriented Hughes-Lang Group of Companies kept its corporate growth- through-gold strategy well in place during 1986. The schedule for exploration and anticipated production in 198…

I read with interest your recent editorial on the changing times and the role that the Canada Centre for Mineral and Energy Technology, (CANMET), must play in the future. I thought I would write to le…

The mining and integrated metals sectors of Cominco Ltd. posted a dramatic turnaround in 1986 but the results were largely offset by continuing weakness in its fertilizers division. Ironically that di…

Sherritt Gordon Mines and its subsidiary, Sherrgold Inc., will be continuing their exploration efforts in northern Manitoba around Lynn Lake and northwestern Ontario, including projects near Red Lake,…

Eldor Resources will continue to concentrate its search for uranium in 1987 on lands adjacent to the Rabbit Lake and Key Lake mills in northern Saskatchewan, says David Fountain, general manager explo…

Granges has eight exploration projects on the go. On the east coast the company is doing grassroots work in a new, 2-sq-mi area called the Murphy option, which is tied to a major claim block of Norand…

The flagship of R. A. Bruce McDonald’s growing mining empire is going public. Noramco Mining Corp., which is being touted as a mining finance house, plans to raise $50 million via a unit offering bein…

This will be one of the busiest exploration years in recent memory for Lacana Mining Corp.’s staff in Canada. About 36 projects, emphasizing precious metals exploration, are planned across Canada. Lac…

Eldorado shareholders, who will probably meet before the end of March, are due for some pleasant surprises, The Northern Miner can say after interviewing officials who have returned from the property …