CMP ponders joint mill in Rouyn-Noranda area
An affiliate of the CMP Mineral Partnership is negotiating to build a major gold mill in the Rouyn- Noranda area that would serve up to four different properties. And, as The Northern Miner learned du…
News
Editorial: Arab revolts roil commodities markets
Large anti-government protests and street battles in the Arab world continued to dominate headlines around the world in mid-February.
Financing heats up action on Professor’s Duport bet
With new financing in hand to the tune of a minimum $4.5 million, Consolidated Professor Mines plans an accelerated exploration and development program at its Duport gold property at Shoal Lake, near …
Royex Gold/Int’l Corona may be operators at Jolu
If current negotiations are successful, Royex Gold Mining Corp. and International Corona will be appointed the operators of the Jolu property in the La Ronge gold belt of northern Saskatchewan. The ne…
Six-mopnth earnings down for Westmin
Continued weakness in metal prices and sharply lower oil prices are the main culprits behind the sharp drop in net earnings posted in the 6-month period ended June 30 by Westmin Resources.
More work on Adams Plateau
Izone International, one-third partner on the Adams Plateau joint venture, with Clifton Resources and Adams Exploration reports continuing exploration. Diamond drilling has tested one of four anomalou…
Troymin, Tricentrol enter agreement
An agreement has been reached between Alberta-listed Troymin Resources and Tricentrol Oils, both of Calgary, to purchase an approximate 9.5% working interest in a gold deposit in the Chibougamau area …
Letters to the Editor Haileybury graduates appreciated
In response to the letter “Haileybury has fallen behind” by Ken Swanson (mining technologist) in your Aug 18 issue, I have the following comments to offer: * It is a very self-serving letter — repu…
Financing arranged by Beaufield Res.
A financing agreement has been negotiated which will raise a maximum of $800,000 for Beaufield Resources. Beaufield plans to issue 516,129 common shares at a price of $1.55 per share on a flow-through…
Sullivan and Cambior solidify their links
Sullivan Mines, and Cambior Inc. are solidifying the link between the two companies. They had previously announced (N.M., Aug. 8/86) that Sullivan- associated Courvan Mining would have an option to pu…
Malartic Hygrade results
For the second quarter ended June 30, Malartic Hygrade Gold Mines earned net income of $484,125 or 14 cents per share compared to $349,156 or 10 cents per share during the same period last year. For …
Vancouver Stock Exchange Gold holds on to its recent gains
Wednesday close, August 27 Prices on Vancouver have firmed somewhat which is not surprising given the fact gold has managed to hold onto some of its recent gains. The Vancouver market is heavily biase…