Placer and Golden Star may develop Guyana gold
An agreement should be completed within weeks that could see Placer Development and Edmonton-based Golden Star Resources develop a gold property in Guyana, South America. The mineral potential of this…
1987
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…
COATS Trading Features (January 12, 1987)
Issues on the COATS over-the- counter system were generally listless, with many trading downward. Matt Berry Mines gave up some ground to 35 cents -40 cents . The company, which controls a gold proper…
Sherritt deals off fertilizer interest
Sherritt Gordon Mines and Unocal Canada announce that they have entered into an agreement under which Unocal has acquired a 50% interest in Sherritt Fertilizer Co. Sherritt Fertilizer Co., a partnersh…
People (January 12, 1987)
MIDLAND ENERGY CORP. — David A. Hutton appointed to the board of directors.
Cdn. Lencourt gets shareholder nod for takeover move
Shareholder approval has been received by Canadian Lencourt Mines for the acquisition of Explorco Properties, a private company holding mineral assets. Canadian Lencourt, which is operated and control…
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…
Toronto Stock Exchange Blockbuster week as composite sets record
A powerful price surge both north and south of the border has made it a banner week for investors. With a blockbuster gain of 104.59 pts over the reporting period, the widely followed composite 300 ha…
Thompson becomes Mingold president
Toronto mining analyst Edward Thompson has been appointed president and chief executive officer of Mingold Resources. The newly formed company is equally owned by a subsidiary of Inspiration Resources…
Gibralter issue should raise about $5.8m.
Gibraltar Mines has approved the filing of a preliminary prospectus for a common share issue which should raise about $5.8 million. Some 554,546 shares will be sold at a price of $8.25 each by the com…
Tashota-Nipigon options properties from McAdam
Tashota-Nipigon Mines says it has acquired the right to earn a 25% interest in two advanced gold projects in Quebec and British Columbia. One of the properties is the former McWatters gold mine near R…