Jonpol obtains Garrison funding
Toronto-based junior Jonpol Explorations (TSE) recently raised $150,000 for exploration on its Garrison Twp. joint venture with T&H Resources (TSE) by way of a private placement of 375,000 treasury sh…
Articles by Northern Miner Staff
Rights offering for Great Lakes
In order to raise money for its copper project in Michigan, Great Lakes Minerals (TSE) is offering shareholders one right for every share held as of Nov. 19. With five rights and 50 cents, shareholder…
CIM symposium
The Seventh Mineral Economics Symposium will take place Jan. 16 in Toronto’s Sheraton Centre. Topic is “Back to basics: managing the risks to reap the rewards.” The symposium is held by Toronto’s Mine…
Francoeur mine enters production
The Francoeur gold mine of Richmont Mines (TSE) and LAC Minerals (TSE) near Rouyn-Noranda, Que., entered commercial production recently and is expected to produce 5,200 oz. during the last quarter of …
Federal-provincial agreement to benefit northern Ontario
With mining revenues down and prospecting activities barely a shadow of what they might be, the governments of Canada and of Ontario have injected $95 million into the Northern Ontario Development Agr…
Earnings slip for Amax Gold (November 11, 1991)
A drop in gold output as well as an increase in production costs negatively affected the earnings of Amax Gold (NYSE) for the period ended Sept. 30. Earnings for the third quarter dropped to US$5.4 mi…
Soviet resources focus of symposium
The Colorado School of Mines campus in Golden will be the site of the first international symposium on the vast mineral deposits in Russia and other republics of the Soviet Union on Nov. 18-21. “The i…
Breakwater suspends El Mochito mine
An escalating labor dispute has forced Breakwater Resources (TSE) to suspend operations at its El Mochito mine in Honduras and place the lead-zinc operation on a care-and-maintenance basis. The compan…
PEOPLE (November 11, 1991)
Tony White appointed director.
EDITORIAL PAGE (November 11, 1991)
It’s easy to forget just how much mining contributes to the general economy because so much of mining’s benefits are felt in remote areas. The money individual mines pump into their local communities …
LETTERS TO THE EDITOR (November 11, 1991)
After reading “The facade of Soviet mining,” an excerpt from a paper by Pierre Lassonde (T.N.M., Oct. 21/91), I was disappointed that The Northern Miner could not do any better on the topic of Soviet …
Dessir slips despite good results — Market snubs high-grade core
Drilling on the Gibbs property in Mariposa Cty., Calif., continues to return spectacular gold values, including a 76-ft. intersection grading 2.01 oz. gold per ton. But the stock price of Dessir Resou…