EDITORIAL PAGE — Real potential
The term “potential” has long accompanied any discussion of the mining industry in the Northwest Territories. Over the years, that potential has only been hinted at by way of several spectacular succe…
Articles by Northern Miner Staff
Aber finds more N.W.T. kimberlites
Aber Resources (TSE) has increased to 11 its Lac de Gras kimberlite finds with the discovery of four more pipes on the Diavik landholdings. The program, which included ground geophysics and 4,000 metr…
STOCK MARKETS — Gold stocks steal show on spirited Toronto
Reflecting a long-awaited rally in the gold price, gold shares emerged as the biggest traders on the Toronto Stock Exchange in May, the second most active month in TSE history. Trading a total of almo…
STOCK MARKETS — Trading value on VSE reaches a 6-year high
Reflecting strength in both gold and diamond issues, trading value of $675 million on the Vancouver Stock Exchange during May was the highest since September, 1987. The daily average volume of 26.6 mi…
LAST BUT NOT LEAST — Barrick leaps’ on to TSE
Responding to investor demand, The Toronto Stock Exchange has added Long-Term Equity Anticipation Securities (LEAPS) for American Barrick Resources. Placer Dome LEAPS also trade on the Exchange. LEAPS…
Dickenson’s first quarter encouraging
Higher gold production and lower costs at its Arthur White mine, near Red Lake, Ont., have enabled Dickenson Mines (TSE) to post higher revenues and earnings during the first quarter. Earnings for the…
Miramar readies for production
A feasibility has prompted Miramar Mining (VSE) to proceed with plans to mine the Bonanza zone at its Golden Eagle mine near Virginia City, Nev. Miramar owns a 60% interest in the property while its 1…
Suppliers get serious about export market
Canadian producers of mining equipment and services are getting serious about marketing their know-how beyond their borders. And they are beginning to see the advantages of a co-operative, joint marke…
LETTERS TO THE EDITOR — B.C. ministry weak, unsupportive
Having read the British Columbia government’s A Mineral Strategy for B.C. — Discussion Paper, March, 1993, I can only conclude that the first half of the paper is a realistic appraisal of the problem…
Premier urges mining companies to market abroad
Ontario Premier Bob Rae urged Canadian mining companies to increase their foreign exposure, at a recent “Meet the Miners” reception at the Royal Ontario Museum in Toronto. Rae said that while his gove…
LAST BUT NOT LEAST — Saudi royal sells Horsham block
Prince Nawaf of Saudi Arabia has sold four million shares of Horsham (TSE) at US$11.62, cutting his ownership of the investment company in half to 4.5%. The shares were sold on the New York Stock Exch…
NEWS ROUNDUP — Republic announces Cuban deal
Toronto-based junior Republic Goldfields (VSE) in association with IMI Mineral Development, a geological consulting firm, has signed a letter of intent with the Cuban government to explore and develop…