Levesque Beaubien Inc. will test the financial waters “in the next little while,” to raise exploration funds for NovaGold Resources, The Northern Miner has learned. The geological consulting firm Watt…
Australia-based Western Mining Corp. has named a new chief executive officer to run its Canadian subsidiary. Jim Lalor, Western’s general manager of investment projects, is scheduled to take up his ne…
Two Vancouver-based companies, Bishop Resources Development and Mintek Resources, which are in the process of merging have re- opened a small silver-gold-lead-zinc mine near Smithers, B.C., which last…
Kerr Addison Mines will spend about $6.5 million exploring for gold on its properties in Quebec, Ontario, British Columbia and Nevada. The total will rise to about $10 million when contributions are …
Belmoral Mines and its associated companies will spend more than $30 million in 1988 on exploration and development of existing operations and properties. They are located near Val d’Or, Que. and in t…
Teck Corp.’s strategy in 1986 and 1987 was to revitalize its portfolio of properties through deals with junior companies that take advantage of the flow-through share funding so readily available to t…
The exploration arm of the ubiquitous Pezim group of companies is now known as Prime Explorations (formerly Galveston Explorations). In North America, Prime will be involved in nearly 50 exploration p…
Your introduction to my article, which you entitled “Dubunking a Myth” (see January issue), says: “Junior exploration firms aren’t the mine-finders par excellence they’re made out to be. According to …
“You can send them to charm school, you can polish them up, but real managers are born. If you don’t have the latent talent you won’t be a good manager.” John Hansuld, whose grip on the wide-open thro…
The Canadian mine-finding fraternity is jittery. Over the past three or four years, easy money (relatively speaking) has been available, thanks in large measure to the federal government’s brilliant t…
In 1988, Lac Minerals will spend $13 million on exploration including $5 million at existing mining operations. Exploration expenditures in 1987 were $27 million because of the proceeds from a $10-mil…
Concurrent with a program of depth development, Pickle Crow Gold Mines has been intensifying the search for subsidiary vein occurrences. Two diamond drills are probing from surface ground contiguous t…
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