EXPLORATION ’87 (March 02, 1987)
Here, some of Canada’s major mining companies explain where their 1987 exploration funds are going. Gold fever has swept Canada. Never in history has so much money been spent looking for the precious …
News
ON THE MOVE Brunswick Mining & Smelting Corp.
John Moerman has been appointed senior vice- president of Brunswick Mining & Smelting Corp. He will be responsible for the mine, smelter and fertilizer divisions of BM&S. Also appointed were: Alan You…
Firms move to amend agreement
Hudson Bay Exploration and Development and Consolidated Callinan Flin Flon Mines have signed an agreement amending the previous joint venture agreement on their property located approximately one mile…
Letters to the Editor State ownership is frightening
When I read the article by James Borland in the Feb 9 issue of The Northern Miner, under the title “State ownership nothing to fear,” I not only became frightened but also got the feeling that I must …
Hedman double year loss
Despite efforts to increase sales, Hedman Resources more than doubled its losses in 1986. For the year ended July, 31, the company realized a loss of $245,428 or 9 cents per share. This compares with…
Montreal Exchange Syngold shares active
When a company trades close to half a million shares during the week, it is not always easy to discover the reason why. Such is the case with Syngold Exploration. The mining firm closed at $2.47, up 5…
Alberta Stock Exchange Monte Carlo High roll
A grass roots gold exploration play in Aruba is giving Monte Carlo Resources a ride. The issue, which has received coverage in the Caribbean press, added another 50 cents to $2 — that’s up a dollar …
EXPLORATION ’87 ST ANDREW
St Andrew Goldfields will continue to confine its gold exploration activities to Stock and Taylor twps., Ont., during 1987. Those activities will consist of both surface and underground exploration in…
EXPLORATION ’87 COMINCO
Vancouver-based Cominco Ltd. continued an aggressive exploration program in 1986. But with expenditures of about $25 million, it was at a sharply reduced level compared with previous years. This is a …
EXPLORATION ’87 BARRICK
American Barrick Resources has its first real exploration budget this year since the Camflo days in the early 1980s. Exploration became a low priority since then because of Camflo’s debt position, and…
EXPLORATION ’87 KERR ADDISON
The main thrust of a $6.5-million program for Kerr Addison Mines this year will be on gold exploration targets in Quebec, Ontario, British Columbia and Nevada. A continuing effort is being made in Que…
EXPLORATION ’87 ST. JOE
St. Joe Canada’s exploration program for 1987 is expected to be the largest and most diversified in the company’s 6-year history. This follows a record year of exploration activity in 1986 highlighted…