Lakeshore placement
Lakeshore Minerals says it recently completed a private placement of 100,000 units, each unit consisting of three Lakeshore common shares and one warrant good to purchase a single common share for $1,…
News
Scintrex contract
Scintrex Ltd. has signed a $1 million contract with the Ministry of Nuclear Industry of the People’s Republic of China to outfit an aircraft with a complex airborne geophysical system including a high…
Obituary Ernest Haigh
Ernest Haigh, a mine accountant who worked in mines across Canada from British Columbia to Newfoundland, as well as in the Yukon and the Northwest Territories, has died in Oakville, Ont., at the age o…
Vancouver Stock Exchange Bullish psychology not shrinking
The market psychology on Vancouver has turned exceptionally bullish, reflecting in part the sentiment on the Toronto and New York stock exchanges, which were quick off the starting block in 1987. Gold…
Glen Auden has exposure to $5m. in gold exploration
With more than 1,700 claims staked in the Casa Berardi area, a large tract of ground striking across the Ontario-Quebec border, Glen Auden Resources expects to be exposed to more than $5 million of ex…
Letters to the Editor Canadian mining expertise
I refer to your recent editorial Russians learn from us, concerning publication in that country of a Canadian book on mine management. As the U.S.S.R. marketing manager for a Canadian-based manufactur…
Metals Report Giscard d’Estaing may help gold
Remember Valery Giscard d’Estaing? You’re not alone if the name only vaguely conjures up images of an aloof, patrician French politician from an age long past, an age when Bjorn Borg ruled the tennis …
B.C. public concerned about moratorium
British Columbia’s minister of energy, mines and petroleum resources, Jack Davis, has responded to public concerns regarding the government’s decision to permit British Columbia’s uranium moratorium t…
First General Mine diamond drilling in Stover Twp., Ont
A $150,000 diamond drilling program to test geophysical anomalies for their precious metal potential is under way by First General Mining Management and Gold Corp. in Stover Twp., Ont. The exploration…
BGR’s asset value up 33% in 1 year
BGR Precious Metals says its net asset value on Oct 31, 1986, was $11.81, a 33% increase from a year earlier and a 19% increase from three months earlier. On Oct 31 there were 6,156,968 Class A shares…
Financing vehicle opens door at end of flow-through tunnel
There can be little doubt that flow-through financing has facilitated the discovery of several significant gold deposits in Canada. But when a company, particularly a small operator, decides to mine o…
Editorial we’re old but new
The Northern Miner, now moving into its 72nd year of publication, is a venerable institution, but not an old one. It is not old, that is, in its outlook and attitudes. It is for instance keeping up wi…