News

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…

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 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 …

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…

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…

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…

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…

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…

Drilling is under way at the 100%- owned Schell Ranch property in Calaveras Cty., Calif., says Colony Pacific Explorations President Pierre Lebel. Five holes, SR No 16 to SR No 20, were drilled at 100…

After a 50-year absence, primary gold production has returned to Saskatchewan. In January, the Star Lake gold mine poured its first gold bar, weighing in at 712 oz. The bar had a value of $350,000. Sh…

Two awards were presented at the B.C. & Yukon Chamber of Mines annual meeting, one to Dr N. B. Keevil Sr and the other to James McDougall, for their contribution to the province’s mining industry. Mr …

A joint venture agreement has been reached between Courageous Exploration and Bow Valley Industries. Courageous is held 65% by Savana Resources and 35% by American Chromium Ltd. Under the terms of th…