Imperial Group owns Mount Polley
The advanced Mount Polley copper-gold project in central British Columbia is now owned 100% by the Imperial Metals Group, with Imperial Metals (TSE) having a 60.4% direct interest. Along with two affi…
Articles by Northern Miner Staff
Exodus to Latin America
Most major mining companies in North America are now active in Latin America and are being rapidly followed by the middle- and junior-tier companies, according to a private research firm based in Denv…
U.S. REPORT NEWS IN BRIEF Construction starts at Flambeau
Construction is under way at Kennecott’s Flambeau copper deposit in Wisconsin. Flambeau Mining, a Kennecott subsidiary, will build a settling pond and water treatment plant before entering into produc…
PRODUCER PRICES (July 22, 1991)
ALUMINUM: MW U.S. Market US60-61 cents per lb. (Jul. 2, 1991). ANTIMONY: New York dealer US84-85 cents per lb. (Mar. 14, 1991). BISMUTH: New York dealer US$3.05-3.15 per lb. (Jun. 27, 1991). CADMIUM: …
Van Ollie raises exploration funds
Marchment & MacKay, underwriter for Van Ollie Explorations (CDN), has exercised a compensation option to purchase 1.36 million common shares of Van Ollie at 13 cents per share. The option was granted …
INSIDER TRADING Carnell profits from Ontex shares
Johan Carnell, secretary-treasurer at Ontex Resources (ASE), profited recently after exercising options on shares of the Toronto-based exploration company. According to the Ontario Securities Commissi…
Goldstream back in operation thanks to Japanese financing
Arranging financing appears to have been the trickiest part of bringing the Goldstream underground copper-zinc mine back into production after a 7-year hiatus. Joint owners Bethlehem Resources (TSE) a…
Aber options Anki base metal bet
Calgary-based Westfort Petroleums (TSE) has agreed to finance exploration on Aber Resources’ (TSE) Anki nickel-copper property in the Northwest Territories. Under an option agreement, Westport can ear…
Pulse drilling Barb project
A field crew and diamond drill has been mobilized to the Barb property, a lead-zinc-silver project, 160 km north of Watson Lake, Yukon. Pulse Resources (VSE), a company associated with Prime Equities …
Pollution fine will likely go unpaid
St. Lawrence Fluorspar will probably never pay the $30,000 fine it was given for polluting a nearby pond, but an Environment Canada official says it was worth pressing ahead with the case anyway. The …
Industry needs to be assessed
The undertaking of a government-industry study on human resources in the mining industry was announced recently by the minister of employment and immigration, Bernard Valcourt. The 10-month review wil…
EDITORIAL PAGE Land claim settlements are overdue
Mention native land claims to anyone in the mining industry and you’re likely to get a strong response. Individuals have their personal views on the legitimacy of these claims and the political maneuv…