EXPLORATION ’87 LOUVEM MINES
During 1986 Louvem Mines’ total land position doubled to 50,000 acres, mostly by staking in the Casa Berardi area. This year Louvem intends to do most of its exploration and development work on three …
Articles by Northern Miner Staff
Grades improve at Bachelor Lake
Operating improvements at Bachelor Lake Gold Mines facility near Demaraisville, Que., which first surfaced in the third quarter of 1986, have continued into the fourth quarter. For the 3-month period …
B.C. mining task force warns of a bleak future
Established last year at the request of the British Columbia government, The Mineral Industry Task Force has concluded that the province “might not have a significant mining industry by 1996.” Its fin…
Brenda soars into the black
High tonnage with good grades and recoveries and low operating costs helped Brenda Mines to fourth quarter 1986 earnings of $4.5 million, or 97 cents a share, compared to a loss of $1,005,000, or 22 …
Belmoral turns profit in 1986
A profit of $1,378,000 (5.5 cents per share) for 1986 was recorded by Belmoral Mines compared to a loss of $7,081,000 (71 cents per share) in 1985. Revenue for the year was $27,152,000 on sales of 52…
EXPLORATION ’87 FINNETH
FinNeth Exploration is engaged in a number of drilling programs on promising gold and base metal targets in the Abitibi and Eastern Twp. areas of Quebec. Currently it is seeking opportunities to part…
EXPLORATION ’87 HUDSON BAY
Hudson Bay Exploration & Development, a wholly-owned subsidiary of Hudson Bay Mining & Smelting, will be exploring for base metals in 1987. These activities will be confined to Manitoba and Saskatchew…
ON THE MOVE University of Saskatchewan
Geologist Robert Kerrich has been appointed to the George J. McLeod Chair in Geology at the University of Saskatchewan. He was formerly professor of geology at the University of Western Ontario. Kerri…
Buying coins? Check premium
Thinking of buying gold bullion coins? Then don’t forget to look at the premium you have to pay. That’s the advice contained in a recent release titled Dateline: Canada, in which Canadian Maple Leaf c…
Denison opposes oil bid by Greece
Denison Mines will oppose an attempt by the Greek government to acquire a majority interest in the company’s oil and gas operations in the Aegean Sea. At press-time, the company was still awaiting off…
EXPLORATION ’87 SMDC
Saskatchewan Mining Development Corp. (smdc) is playing a major role in the discovery, development and marketing of mineral resources in Saskatchewan. In just over a decade smdc has evolved from an ex…
ON THE MOVE Clipper Belt Lacer Co.
Clipper Belt Lacer Co. of Grand Rapids, Mich., has appointed John MacDonald as sales and service representative for the Clipper- Mato Division in the Maritimes. His responsibilities will include servi…