Sherritt deals off fertilizer interest
Sherritt Gordon Mines and Unocal Canada announce that they have entered into an agreement under which Unocal has acquired a 50% interest in Sherritt Fertilizer Co. Sherritt Fertilizer Co., a partnersh…
News
People (January 12, 1987)
MIDLAND ENERGY CORP. — David A. Hutton appointed to the board of directors.
Cdn. Lencourt gets shareholder nod for takeover move
Shareholder approval has been received by Canadian Lencourt Mines for the acquisition of Explorco Properties, a private company holding mineral assets. Canadian Lencourt, which is operated and control…
New zone drilled by Highland-Crow
A new gold-bearing zone has been discovered on the large property held by Highland-Crow Resources. Located northeast of Pickle Lake, Ont., the property includes the former producing Patricia Crow mine…
Obituary Ernest Haigh
Ernest Haigh, a mine accountant who worked in mines across Canada from British Columbia to Newfoundland, as well as in the Yukon and the Northwest Territories, has died in Oakville, Ont., at the age o…
Gunnar, City Gold to give Dassen gold bet option
Gunnar Gold Inc. says an agreement has been entered into with Dassen Gold Resources for an option to earn an undivided 50% working interest in the Normetal South property located in Desmeloizes and Cl…
Toronto Stock Exchange Blockbuster week as composite sets record
A powerful price surge both north and south of the border has made it a banner week for investors. With a blockbuster gain of 104.59 pts over the reporting period, the widely followed composite 300 ha…
Lac’s second Bousquet mine More tons, better grade
An initial ore reserve figure of 7.8 million tons grading an average of 0.187 oz gold per ton has been established by Lac Minerals from a new zone near the eastern boundary of its Bousquet property in…
Eldorado burdened by large debt load
Excessive debt is being cited once again as the reason behind losses at Eldorado Nuclear Ltd. The big uranium miner and nuclear fuels manufacturer reported a loss of $12.7 million on revenues of $69.7…
N.S. Chamber Annual Meeting
The Chamber of Mineral Resources of Nova Scotia will hold its annual meeting on Feb 5 and 6 at the Lord Nelson Hotel in Halifax. There will be an opening reception on Thursday evening Feb 5 with the a…
$9.8 million earmarked for Broulan property
A $9.8-million exploration program, most of it earmarked for underground work, is scheduled by Belmoral Mines over the next 14 months for the area between the old Reef and Hallnor mines in Timmins, gr…
Thompson becomes Mingold president
Toronto mining analyst Edward Thompson has been appointed president and chief executive officer of Mingold Resources. The newly formed company is equally owned by a subsidiary of Inspiration Resources…