1988

One of the most active investors in the Canadian mining industry is preparing to embark on a period of self analysis. After a $100-million shopping binge in which it picked up minority interests in ni…

I last wrote to The Northern Miner in January, 1981 asking for the address of Nicoba Mines Ltd., a company which I own shares in. You were very kind to send me the address. Can you now tell me if Nico…

Largely bypassed in recent years, the Province of Newfoundland is witnessing quite an exploration boom these days, The Northern Miner gathers. Three years ago saw less than $10 million spent on minera…

With three diamond drills starting up this week, a major grass roots exploration program quietly under way over the past two years by Noranda Exploration on a huge spread of almost virgin ground in no…

A private company founded by Robert Friedland, president of Galactic Resources (TSE), and Eric Friedland recently made a $1.2 million private placement in War Eagle Mining (VSE), which owns the War Ea…

BGR Goldcorp Central MVP Capital Net value $12.33% 9.36 7.29 1.03 Price $10.125% 6.250 6.12 0.67 Discount $17.88% 33.3% 16.0% 35.0% Value $73,395,449 164,…

Edmonton-based Gamsan Resources (ASE) has raised $317,000 for drilling on its Brabant Lake polymetallic property in Saskatchewan. Gamsan says an initial 1,000-m drill program will be under way soon on…

Mining of ore from the newly stripped Ready Bullion shear structures is under way at its wholly- owned Grant gold project in Alaska, Silverado Mines (VSE) reports. The project is located on Ester Dome…

Hecla Mining reports earnings of $3.4 million(U.S.), or 12 a share, in the third quarter of 1988, bringing year-to-date earnings to $11.3 million, or 42 a share. This compares to earnings of $9.6 mil…

A decision to concentrate its efforts on the production of calcined lime from its Portage-du-Fort property in the Ottawa River region of Quebec has been taken by Aster Exploration (ME). The company se…

The Reference Guide to Mining Legislation in Canada is a revised and updated version of a publication that the Canadian Institute of Resources Law first produced in 1985. That publication had its orig…

Quebec Mines Minister Raymond Savoie has been openly critical of the Canadian Exploration Incentive Program, the federal government program that changes flow-through share investment benefits from a t…