LAW Some Ins and Outs of Royalties
Royalties, which have been a part of Canada’s mining industry since it began, come in all shapes and sizes. Their one common factor is that they require the grantor to pay money to the royalty-holder….
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EXPLORATION ’87 BELMORAL
The $15 million Belmoral Mines will spend on exploration in 1987 is about evenly divided between its Val d’Or and Timmins camps. The strategic exploration plan calls for the company to solidify existi…
Sunmist flow-through
A $540,000 flow-through share financing has been completed by Sunmist Energy. An additional $600,000 is being negotiated, which if raised, will provide a total of $1.1 million for exploration of the c…
Think Innovation
A recent policy decision by the federal government states an intention to reduce R&D spending on mining- related projects. This means mining companies will be forced to finance the lion’s share of any…
Future of Quintette Coal in hands of its partners
The huge Quintette coal project in northeastern B.C. “can be scuttled by all partners in it, but mainly by the Japanese steel industry and the banks,” Stephen B. Roman, chairman of Denison Mines Ltd. …
Running a Risk
Arriving at a fair value for a mineral property depends very much on how you perceive the risks. Mining companies, large and small, frequently seek outside financing of new mineral properties and they…
EXPLORATION ’87 LACANA
This will be one of the busiest exploration years in recent memory for Lacana Mining Corp.’s staff in Canada. About 36 projects, emphasizing precious metals exploration, are planned across Canada. Lac…
50 YEARS AGO –MARCH, 1937– ELDORADO OUTPUT
Eldorado shareholders, who will probably meet before the end of March, are due for some pleasant surprises, The Northern Miner can say after interviewing officials who have returned from the property …
Editorial Brazil and the price of gold
Word that Brazil will postpone interest payments on its huge forei gn debts for an indefinite period has sent shock waves throughout the world’s financial districts. Especially hard hit were bank stoc…
EXPLORATION ’87 TECK
As predicted last year, 1986 was an exciting year for Teck Corp. and 1987 should be even better. The Casa Berardi area will continue to be one of the major centres of activity. Inco (60%) and Golden K…
ON THE MOVE Fairbank Engineering
Brian Fairbank has founded a new consulting firm, Fairbank Engineering, which provides geological engineering and field services for mining, industrial mineral and geothermal development and explorati…
ON THE MOVE Potash Corporation of Saskatchewan
Several changes have been made to the Potash Corporation of Saskatchewan’s board of directors, chief of which is the appointment of Paul Schoenhals as the new chairman. Schoenhals replaces Cliff Wrig…