Research
Searching for Signatures: Evidence for the magmatic origins of gold ** Tired of looking for gold deposits in the heavily explored camps of the Precambrian Shield? Well, consider moving outside the na…
News
ON THE MOVE N. Morissette Canada
Romeo Brouillette has been appointed vice-president of N. Morissette Canada. Brouillette has experience in all phases of contract diamond drilling throughout Canada. He will continue as manager of th…
Financing arranged
Noront Resources has arranged a flow-through financing with TAP Mineral Exploration Limited Partnership. The company will issue 127,000 shares at 73 cents per share. The funds will be spent on the Ol…
Noranda workers vote to accept new contract
Employees of Noranda Minerals, Horne Division and Chadbourne Division, on strike since Nov. 5 of last year, agreed to a new 3-year contract with the company effective Feb 23. The Rouyn-Noranda area wo…
ON THE MOVE Brunswick Mining & Smelting Corp.
John Moerman has been appointed senior vice- president of Brunswick Mining & Smelting Corp. He will be responsible for the mine, smelter and fertilizer divisions of BM&S. Also appointed were: Alan You…
Letters to the Editor State ownership is frightening
When I read the article by James Borland in the Feb 9 issue of The Northern Miner, under the title “State ownership nothing to fear,” I not only became frightened but also got the feeling that I must …
Montreal Exchange Syngold shares active
When a company trades close to half a million shares during the week, it is not always easy to discover the reason why. Such is the case with Syngold Exploration. The mining firm closed at $2.47, up 5…
Alberta Stock Exchange Monte Carlo High roll
A grass roots gold exploration play in Aruba is giving Monte Carlo Resources a ride. The issue, which has received coverage in the Caribbean press, added another 50 cents to $2 — that’s up a dollar …
Duration, Thor sign agreement for exploration
A letter of agreement covering exploration of 48 claims in the Bamoos Lake area in northern Ontario has been signed by Duration Mines and Thor Lake Explorations. The property, located about 40 miles n…
Placer Gold largest contributor to Placer’s ’86 earnings
Reflecting the sale of a 21.4% interest in an Australian subsidiary, Placer Development reported net earnings of $70.3 million or $1.59 per share in 1986 compared to $35.3 million or 82 cents per shar…
EXPLORATION ’87 DOME
The Dome Mines Group’s basic mineral exploration budget for 1987 will be $14.2 million, compared to about $13 million in 1986. The group will contribute an additional $700,000 to a proposed $2-million…
Teck/Corona mining to the max in Hemlo
It’s full steam ahead in 1987 for the Teck/Corona gold project here in the booming Hemlo camp. Though still in the development stage, the David Bell mine is already contributing to Teck’s and Corona’s…