EDITORIAL PAGE (February 24, 1992)
The controversy over Ontario mines minister Shelley Martel, regardless of its final outcome, reflects how far the province’s mining industry has passed into decline. An all-party legislative committee…
Articles by Northern Miner Staff
Montreal Exchange (February 24, 1992)
Drill results from a program at the Granada property near Rouyn-Noranda, Que., gave project partners KWG Resources and SEG Exploration a lift during the week ended Feb. 18. The exploration program is …
Unlisted Trading (February 24, 1992)
Taking top spot on the most active list for the fifth week in a row, Canmine Resources lost 4 cents to close at 57 cents as drilling commenced on the FER copper-zinc property in northern Manitoba. Ove…
U.S. REPORT (February 24, 1992)
An improved operating performance at the Kendall gold mine enabled Canyon Resources (NASDAQ) to record its first year of operating profitabil- ity in six years as a public company. The Montana gold mi…
Turkish copper project near feasibility stage
An expanded work program and a feasibility study are being planned by Cominco Resources International (TSE) for its recently discovered Cerattepe copper deposit in northeastern Turkey. A drill program…
Dundee joins Outokumpu in Conroy move
Dundee Bancorp (TSE) recently joined with Outokumpu, the Finnish state mining company, to unseat the entire board of directors of Conroy Petroleum and Natural Resources, an Irish resources company. Th…
PRODUCER PRICES (February 24, 1992)
ALUMINUM: MW U.S. market US57.25-58.75 cents per lb. (Feb. 13, 1992). ANTIMONY: New York dealer US82-84 cents per lb. (Aug. 8, 1991). BISMUTH: New York dealer US$2.90-3.10 per lb. (Jan. 23, 1992). CAD…
Crystal Peak awaits permits
Management of Polestar Exploration (VSE) is putting some of the blame for the loss of its listing on NASDAQ on continued delays in receiving operating permits for the Crystal Peak garnet quarry near H…
Drop in value of mineral output worries MAC
Concern about Canada’s 1991 mineral production results released by Energy, Mines & Resources (EMR) has been expressed by the Mining Association of Canada (MAC). Based on estimates prepared by EMR, the…
$400,000 program planned for Brewery Creek project
A $400,000 exploration program will begin shortly on the Brewery Creek property near Dawson, Yukon, a bulk-tonnage gold project owned 51% by Hemlo Gold Mines (TSE) and 49% by Loki Gold (VSE). The prog…
Queenston takes control of Thermal
Queenston Mining (TSE) has signed a letter of intent to purchase 30.5%, or 3.5 million shares, of Thermal Exploration (ASE) at 35 cents per share. Thermal has a 50% interest in the Williams Creek copp…
Correction (February 17, 1992)
“U.N. Earth Summit” (T.N.M., Jan. 20/92) incorrectly identified Kenneth McCready of TransAlta Utilities as spokesman for Canada’s mining industry at the June, 1992, United Nations Conference on Enviro…