Articles by Northern Miner Staff

Hemlo, Crude differences cloud Eagle River project

The immediate future of the Eagle River gold project at Mishibishu Lake, Ont., has been clouded by the differing aspirations of owners Hemlo Gold Mines (TSE) and Central Crude (TSE). Having written do…



Stepout drilling expands Kemess reserves

Stepout drilling on the South Kemess property in north-central British Columbia during 1991 added significant reserves to what was already a large copper-gold deposit. A preliminary estimate of reserv…


PRODUCER PRICES (January 20, 1992)

ALUMINUM: MW U.S. market US51.25-51.75 cents per lb. (Jan. 2, 1992). ANTIMONY: New York dealer US82-84 cents per lb. (Aug. 8, 1991). BISMUTH: New York dealer US$3.10-3.20 per lb. (Sep. 26, 1991). CADM…


Financing deal clears way for Louvicourt development

Toronto-based Aur Resources (TSE) has set the stage for rapid development of the Louvicourt Twp. base metal deposit after cutting a financing deal with Vancouver majors Teck (TSE) and Cominco (TSE). A…


Audrey shuts down Mobrun mine

Audrey Resources (TSE) has shut down its Mobrun polymetallic mine near Rouyn-Noranda, Que., and laid off 115 workers after exhausting ore in the Main lens and three smaller deposits. A company spokesm…


Goldstream shows operating profit

The owners of the Goldstream copper mine near Revelstoke, B.C., expect to report an operating profit of about $2.2 million for the six months ended Nov. 30. The mine is jointly owned by Goldnev Resour…


Montreal Exchange (January 20, 1992)

A new drilling program for the Douay gold project in Quebec’s Casa Berardi region was announced by joint venture partners Inco Ltd. and Societe d’Exploration Miniere Vior. The $850,000 campaign will t…


Unlisted Trading (January 20, 1992)

Among the active issues during the week ended Jan. 14 was White Star Copper Mines, which traded 100,000 shares in a 68-55 cents range. White Star has a deal with Falconbridge Ltd. which will see the l…


Aluminum use on rise in autos

The use of aluminum in the manufacture of automobiles is expected to increase, says the chairman of major aluminum producer Alcan Aluminum (TSE). At a press briefing in New York City, David Morton sai…



More drilling at Douay project

An $850,000 drilling campaign to test the ground between two known auriferous deposits on the Douay property in Quebec’s Casa Berardi region is under way by joint venture partners Inco (TSE) and Socie…


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