Montreal Exchange NAR is active
The volume leader on the week, North American Rare Metals, got in on the Benoit Twp. excitement in northwestern Quebec by announcing it had purchased a 30% interest in 70 claims about three miles sout…
Articles by Northern Miner Staff
Exploration firm keeping active in the Yukon
Despite an uncertain outlook for the Yukon exploration industry this season, Archer Cathro and Associates (1981) Ltd. expects to keep busy. The firm, with offices in Vancouver and Whitehorse, accounte…
New debentures for Stratmin
An affiliate of the French company Imetal SA, Mircal Mineral (Canada), will subscribe to $5-million worth of convertible debentures in Stratmin Graphite, the debentures bearing 6.5% interest payable y…
RTZ net earnings fall 6% in 1990
London-based RTZ Corp (NYSE) reported net earnings of US$908 million ($3.68 per share) last year, down only 6% from its 1989 net earnings of US$964 million ($4.14 per share). Group sales totalled US$9…
Giant team knows its first aid
A 4-person team from Giant Yellowknife Mines in Timmins recently won the annual McCrea First Aid Competition sponsored by the Mines Accident Prevention Association of Ontario. Fifteen teams competed i…
Quebec offers bright spot as PDAC rides out rocky time
There was a hint of anxiety in the air at this year’s annual Prospectors and Developers Association of Canada (PDAC) convention in Toronto, as representatives of the mining community pondered a rocky …
OBITUARY Eric Partridge
Former president of Waddy Lake Resources, Eric Partridge, died in Prince Albert, Sask., recently. He was 75. Born April 3, 1915 in Carnduff, Sask., Partridge began his career as a prospector in Britis…
PEOPLE BOISE CREEK RESOURCES
Rand Buhler appointed a director…
PEOPLE EMERALD STAR MINING EXPLORATIONS
Norris Proskin appointed a director succeeding Rodney Smith.
Agnico reports $48-million loss
A $36.9 million writedown on its mining properties and investments in other companies led to a $47.7 million ($1.82 per share) loss for Agnico-Eagle Mines (TSE) in 1990. For the fourth quarter, the lo…
Mount Wright to get royalty
A Spanish court of appeal has upheld a 1983 judgment awarding Mount Wright Iron Mines (OTC) nearly $3.47 million in back royalties owed to it by Exminesa, a unit of Cominco (TSE). Mount Wright is 48.3…
U.S. REPORT Billiton in U.S. dealing properties
A portfolio of 15 American precious metal properties in various stages of development is being offered for sale by Billiton Minerals U.S.A., a division of Shell Oil Co. “Bids for these properties are …