EDITORIAL The great government spending fix
When the Fraser Institute uses some new calculations to take a swing at government spending, the figures may not always be the most reliable but they are always interesting. The Vancouver-based think …
Articles by Northern Miner Staff
Timmins Nickel gets control of Vedron
Control of Vedron (TSE) has passed to Timmins Nickel (TSE) following the latter company’s acquisition of Belmoral Mines’ (TSE) debt and equity interests in Vedron. Timmins Nickel now owns 6.8 million …
Inco fatality investigated
An investigation into what caused the rock fall that killed a 25-year-old miner Feb. 17 at Inco’s (TSE) Shebandowan, Ont., copper-nickel mine, is under way. It took a 12-man work crew working around t…
Low grade at Gold Basin
A 12-hole drilling program on the Gold Basin property in Mohave Cty., Ariz. returned no significant results in all but four holes which intersected low grade gold values. Consolidated Rhodes Resources…
U.S. REPORT Atlas earnings slip
The drop in quarterly earnings was the result of lower gold prices, higher production costs because of the processing of refractory ores and lower than anticipated recovery rates. The year-earlier qua…
Bethlehem, Goldnev drilling bet’s down-plunge extension
Drilling on the down-plunge extension of the Goldstream deposit near Revelstoke, B.C., has intersected 8.6 ft. grading 6.35% copper, 3.17% zinc, 0.60% lead, and 0.81% oz. silver per ton in hole 91M-12…
PEOPLE MENDOCINO RESOURCES
Thomas Callaghan appointed president succeeding Brian Gilmer who resigned; David Pinkman appointed secretary-treasurer and director.
Lower base metal prices slash profit at HudBay
Lower copper, nickel and zinc prices added up to a fourth-quarter loss for Hudson Bay Mining & Smelting (TSE) and its parent Inspiration Resources (TSE). HudBay reported a loss of $2.3 million on reve…
Kingswood options Lithium property
Toronto-based Kingswood Explorations (TSE) has signed an option with a private company to acquire a 22-claim lithium property in Lacorne and Lamotte twps., about 40 km northwest of Val d’Or, Que. King…
U.S. REPORT Hecla boosts gold production
A substantial increase in gold production last year enabled Hecla Mining (NYSE) to report 1990 earnings of US$5.1 million, or US19 cents per share, compared with a loss of US$22.4 million in 1989. Hec…
Specialty Metals: A summary of how some of Canada’s rarer elements
ANTIMONY Canada’s antimony production in 1990 was 653 tonnes (t) valued at $1.4 million, compared with 2,818 t and $7 million for 1989. The dramatic decline in production stemmed from the January, 199…
Calendar (March 01, 1991)
April 3-5, London, England. Coal in the Environment (1st World Coal Institute conference on clean coal technology). Contact World Coal Institute, Conference & Exhibition Secretariat, 8 Cotswold Mews, …