Alberta Stock Exchange Golconda falls 34 cents
During the week ended April 16, shares of Golconda Resources fell 34 cents to close at 77 cents on volume of nearly one million shares after the company released mediocre assay results from the first …
Articles by Northern Miner Staff
Foreign element an integral part of mining activity across Canada
Over the years, Canada has “exported” much of its mining know-how and expertise. In return, it has benefited from the presence of overseas corporations willing to take a chance on the country, its peo…
Report of Activities
Copies of the Resident Geologists 1990 Report of Activities are now available from ministry offices across the province. The report, published each year by the Ministry of Northern Development and Min…
PRODUCER PRICES (April 22, 1991)
ALUMINUM: MW U.S. Market US66.50-68.00 cents per lb. (Apr. 4, 1991). ANTIMONY: New York dealer US84-85 cents per lb. (Mar. 14, 1991). BISMUTH: New York dealer US$2.80-2.90 per lb. (Jan. 31, 1991). CAD…
Hillsborough profit up
Higher contract revenues from the Westray coal project in Nova Scotia and the Mt. Hundere lead-zinc project in the Yukon helped Hillsborough Resources (TSE) double its profit in the first quarter of t…
Westmin explores copper-gold bets
An extensive exploration program will be carried out this season by Westmin Resources (TSE) on two large porphyry gold-copper projects north of Prince George, B.C. The two properties are 40 km west of…
Silver Standard boosts potential
Recent drilling by Silver Standard Resources (VSE) on the La Choya project in northern Mexico is reported to have outlined mineralization north and east of the project’s previously defined reserve of …
Lodestar acquires porphyry prospect
A diamond drilling program has been proposed to test Lodestar Explorations’ (VSE) recently acquired Taurus copper-molybdenum-gold property, 46 miles northeast of Tetlin Junction on the Alaska Highway….
Douay partners aim to increase reserve tonnage
The latest drilling program at the Douay Twp. gold property of Inco (TSE) and Societe d’Exploration Miniere Vior (ME) in Quebec’s Casa Berardi region is targeted in part at boosting estimated reserves…
EDITORIAL Killing the goose
Governments suffer from an irresistible urge to ferret out successful mining companies, then devise extraordinary means to extract a portion of their profits for themselves. There is something about c…
Fuda buys Tyranite control
Salvatore Fuda, president of junior explorer Ontex Resources (TSE), recently acquired control of Tyranite Mines (CDN) by purchasing 1.4 million common shares of Tyranite under a private agreement. Whe…
Sphinx to restart heap-leach project
Heap leaching at the 400,000-ton-per-year Duvay gold project near Amos, Que., is set to resume in mid-April, Societe Miniere Sphinx (VSE) reported. The company began production from the site last year…