News



Zahavy begins $3 m program

A $3-million underground exploration program has begun on the Favourable Lake, Ont., gold property controlled by Zahavy Mines. Zahavy is an affiliate of Noramco Mining Corp. The program will focus on …


Chamber meeting held again with Cordilleran Roundup

The 76th annual general meeting of the British Columbia and Yukon Chamber of Mines is scheduled for Feb 3 at the Pacific Ballroom in the Hotel Vancouver. The meeting will be held in conjunction with t…




Gold search leads in Ontario

The search for gold remains pre- eminent among Ontario’s prospectors and developers. More than $153 million or 44% of the provincial expenditures on exploration and development was spent on the search…


News in Brief (January 18, 1988)

Monte Carlo Gold Mines has announced it will be issuing bonus warrants to common shareholders of record Jan 7. Each bonus warrant will entitle the holder to purchase one additional common share at $3 …


Juniors can’t afford red tape for speculators

The following is excerpted from two letters sent to The Northern Miner, written by Jean-Jacques Martel of Amos, Que. Martel is vice-president of Explorations Minieres du Nord, a Quebec-based junior mi…


Trade dispute averts penalties

The threat of heavy penalty duties being imposed by the United States on Canadian potash in yet another trade dispute between the two countries has been averted. Under a new agreement negotiated betwe…


Aster funding

A financial offering worth $2.3 million was recently completed by Aster Exploration of Montreal. The company reports it has started exploration work on its Portage-du-Fort dolomite property located 55…


Montreal Exchange Belmoral- Yorbeau deal

“If at first you don’t succeed, try again,” appears to be the strategy being followed by Belmoral Mines of Toronto, which has announced it will spend $5 million on shares and warrants of junior-mining…


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