Articles by Northern Miner Staff

Nev. Goldfields takeover approved

The takeover of financially troubled Nevada Goldfields (TSE) by Australian company Gwalia Consolidated was recently approved by shareholders of the Colorado-based company at a special meeting. Goldfie…


Goldcorp ups Wharf ownership

Goldcorp Investments (TSE) recently made a private purchase of 250,000 shares of Wharf Resources (TSE) at $6.03 per share. Goldcorp now owns 2,813,700 shares and its 69% owned subsidiary Dickenson Min…


Noranda plans more holes at Hislop project

Six more drill holes are being proposed by Noranda Exploration for gold property in Beatty and Hislop twps. in northeastern Ontario, project partner Glimmer Resources (VSE) reported. The new holes wou…


Deloro mine site slated for cleanup

The Deloro gold mine site north of Belleville, Ont., is expected to receive immediate attention under a federal-provincial agreement to clean up toxic dumps in Ontario. Over the next five years, the g…


Prime to build Iskut Valley road

The British Columbia government will provide financial assistance to Prime Resources Group (VSE) to build the 38-km portion of the Iskut Valley road west from Highway 37 to the Volcano Creek junction….


Copper combates zebra mussels

According to a recent report in Canadian Copper, a study is under way at the University of Toronto to evaluate the effectiveness of using copper and copper alloys to prevent the adhesion of zebra muss…


Pilot plant next step for Peat

If Peat Resources (CDN) is successful in securing private sector financing, the company will construct a $4.5-million pilot plant to produce tonnage-scale quantities of peat fuel. Peat President Leon …


Potash Corp. profit up

The first-quarter profit of Potash Corp. of Saskatchewan is expected to be in the range of $11-13 million, up from $3.6 million in the year-earlier period, said Chairman Charles Childers. Childers rec…


IOCC GOLD OPTIONS (April 22, 1991)

Options Open Series Volume Last Interest May 360 C 20 10.50 55 Aug.380 C 10 8.60 96 May 360 P 30 4.50 150 The New York closing gold price was $361.40 per oz. Last quotations for gold options traded in…


Good fortune has smiled on Campbell

With the good fortune that seems to attend most things the Campbell gold mine of Placer Dome in northwestern Ontario does, the shaft collared in October, 1946, turned out to be within a few feet of th…


Nor-Acme mine to close

Toronto-based TVX Gold (TSE) has recently advised High River Gold Mines (TSE) that it intends to shut down the Nor-Acme gold project at Snow Lake, Man., effective June 1. TVX has the option to earn a …


Hydro’s plans worry Ontario consumers

Industrial electric power users in Ontario are worried that provincial government policy could result in serious power shortages or onerously expensive electricity by the mid-1990s. Speaking to a rece…


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