Inco retirement plan proves popular
An early retirement program, designed to reduce the workforce at Inco Ltd.’s (TSE) Sudbury, Ont., nickel operations and cut costs, has attracted an overwhelming response from eligible employees. Accor…
Articles by Northern Miner Staff
Claim transfers cheaper in Quebec
A change to Quebec’s Mining Act has made it less expensive for companies to transfer ownership of groups of mining claims in the province. Effective Oct. 3, transfer fees have been increased from $10 …
Royal Oak clears debt despite drop in gold production
Although Royal Oak Mines (TSE) isn’t producing as much gold as last year, the company’s new management team is reporting an improved financial performance for both the first nine months of 1991 and th…
New contract at Port Hope refinery
Union members at Cameco’s (TSE) uranium refining operation in Port Hope, Ont., have ratified a new collective agreement. The 3-year contract provides for an immediate wage increase averaging 4% and av…
EDITORIAL PAGE (November 18, 1991)
It is remarkable how differently Canada treats its miners compared with its farmers. In the public’s eyes, farmers are heroes, stewards of the earth, defenders of a simpler, kinder way of life. Miners…
PEOPLE (November 18, 1991)
Donald Williams elected president; Morris Beattie, Owen Dolan, Alexander Burton, Donald Williams and Thomas Sawyer elected directors.
FINANCINGS (November 18, 1991)
Arista Resources Inc – 650,000 shs offered @ 36 cents per sh. Prepared by Wood Gundy Inc.
Trev aggressively acquiring ground
Calgary-based Trev Corp. (ASE) has staked two groups of claims in the Lang Lake and Pickle Lake greenstone belts of northwestern Ontario. Situated 25 km north of Bond Gold Canada’s Golden Patricia min…
Crystal Peak is largest known garnet deposit in the world
Crystal Peak Garnet, owned by Polestar Exploration (VSE), is probably the largest known garnet deposit in the world according to Vice-President Robert Wolfe. The deposit, near Hedley, B.C., measures o…
Goldstack to test Utah potential
An agreement has been signed by Goldstack Resources (VSE) with American Consolidated Mining (USOTC) covering exploration and development of the Goldhills project on the Nevada-Utah border. The project…
Citadel acquires Jamaican ground
Toronto-based Citadel Gold Mines (TSE) is attempting to prove that Jamaica has more to offer than just sunshine and sandy beaches after securing a portfolio of mining licences on the Caribbean island….
LETTERS TO THE EDITOR (November 18, 1991)
Your story “Gays River mine, mill up for sale” (T.N.M., Nov. 4/91) quotes a minable reserve for the Westminer Canada project of 570,000 tons grading 8.4% zinc and 5.1% lead. This tonnage was the minab…