News

Teck considers options at Montcalm nickel deposit

In light of the current strength in nickel prices, Teck Corp. (TSE) is considering several options for its Montcalm Twp., nickel-copper deposit located 35 miles northwest of Timmins, Ont. Hosting rese…


Correction (April 04, 1988)

Proven and probable oxide ore reserves at Brohm Resources’ Gilt Edge gold property in South Dakota are 6.7 million tons of 0.04 oz gold per ton, not 0.4 oz as stated in The Northern Miner, March 28. S…


Kiena, Sigma unite into Placer’s Quebec branch

It’s taken almost a year to put in place, but Placer Dome subsidiaries Kiena Gold Mines, and Sigma Mines (Quebec) are to be amalgamated to form a major Quebec mining division of the parent company. Pl…



Stratmin plans more drilling on graphite bet

More drilling is planned by Stratmin Inc. of Montreal along a 6,000-ft electro-magnetic anomaly on a wholly-owned graphite property located south of Mont Laurier, Que. The company recently released th…


Ecudor financing (April 04, 1988)

A private offering at $2 per share with la Societe en Commandite Sofimines 1987 secured Ecudor Mining of Rouyn-Noranda, Que., more than $1.1 million, the junior mining firm reports. Ecudor (formerly L…


Denison’s new captain keeps to father’s course

After 35 years at the helm of Toronto-based Denison Mines, Stephen B. Roman died recently leaving his huge energy-resource empire in the hands of his daughter, Helen Roman-Barber, an unproven quantity…


Nova-Cogesco earns interest in Urbana bet

Three intersections grading more than 0.1 oz gold per ton over 5 ft have been reported by Nova-Cogesco Resources and Urbana Corp. from drilling at the latter’s Urban Twp. project near Lebel-sur-Quevil…


Editorial The pressure of prosperity

Labor negotiations at Inco’s Sudbury operations will be closely watched this year. Quid pro quo may well be the union’s rallying cry. The workers helped out the company when times were tough, they mig…


Alberta Stock Exchange Baslen high rader

An option to explore a 78-claim gold property in Val d’Or, Que., made a former oil producer called International Baslen Enterprises the the big trader this week. With 623,000 shares changing hands, th…


Placer Dome and Lucero in Brazil

An agreement between Placer Dome and Lucero Resource Corp. will provide funds for acquisition of a gold property in Brazil. The agreement calls for Placer Dome to spend $120,000(US) by the end of 1988…


Conference to focus on nickel, moly, cobalt

A 3-day conference dealing with the nickel, molybdenum and cobalt industries is being organized by Metals Week for Tuscon, Ariz., Oct 26-28. In addition to the usual presentation of papers and speaker…


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