News


Total Erickson to acquire Ranchmen shares

Toronto and Vancouver-listed Total Erickson Resources has entered into an agreement with John G. McDonald to acquire his controlling interest in Canadian Oil and Gas Funds (COGF), which holds the majo…


Vista drilling new zone on Bootleg property

A 12,000-ft diamond drilling program is meeting with encouragement at the Bootleg Lake property held by Vista Mines. Located 5 km south of Flin Flon, on the Manitoba-Saskatchewan border, the Bootleg p…


Letters to the Editor We missed Laurentian

I would like to draw your attention to an error in the article McGill, Polytech plan co-op course in mining engineering, in the Jan 26 issue of The Northern Miner. The concluding paragraph in that art…



Impressive values hit at Sumac gold project

Sumac Ventures has completed a $350,000 exploration program at its Union mine property, 45 miles north of Grand Forks, B.C. The work involved extensive underground sub-level drifting and raising which…


Nevada heap leach bet acquired by Glamis Gold

Glamis Gold has picked up a heap leach property in Nevada which was previously thought to be uneconomic because of high cyanide consumption. The property covers approximately 24 square miles and is ne…


Pundata acquires Nevada properties

A large block of ground consisting of 267 claims has been acquired by Pundata Gold Corp. in Nevada. Located 30 miles southwest of Las Vegas, the property covers several old workings which focused on c…


Royex pays $52.3 million for control of Lacana

The purchase of a controlling 36% interest in Lacana Mining Corp. has been completed by Royex Gold Mining Corp. Representing 4.7 million Lacana shares, the control block was purchased from Westmin Res…


Automation soon VSE improves its image

In today’s intensely competitive global economy automation has become synonymous with survival not only for industry but for stock markets as well. Determined to maintain its pre-eminence as North Ame…


Editorial Mining Tax Act a big step ahead

The following guest editorial was written by Patrick Reid, executi ve director of the Ontario Mining Association, and concerns a bill to amend Ontario’s Mining Tax Act. Just days ago, the Ontario legi…


Revenues and earnings records for Granges

Record fourth quarter and year- end 1986 results have been reported by Granges Exploration. The company says operating profits for the quarter rose 75% to $949,474, up from $541,629 in the comparable …


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