Porphyry Potential
It’s a good bet armchair critics this year will scrutinize Placer Dome’s Mt. Milligan project, north of Prince George, B.C. It is the country’s biggest potential gold/copper producer, ranking in size …
Articles by Northern Miner Staff
Why Gold Mines Fail
It has become fashionable to blame the flow-through tax rules for the excesses that led to the mine development failures of the 1980s. But this is not entirely fair. My colleagues and I were in the un…
New Mucking Machine Announced by EIMCO
MUCKING MADE EASIER Eimco Corp. of Salt Lake City, Utah, has developed a mucking machine, the “Tunneloader,” which is not only much larger and more powerful than any of its present models, but also em…
On the Move (February 01, 1991)
Viola MacMillan is among nine new inductees to the Canadian Mining Hall of Fame. MacMillan, 88, was renowned as a mine-finder and financier and was instrumental in transforming the Prospectors & Devel…
Siderock drilling
Privately owned Siderock Gold is planning a 30-hole overburden drilling program this winter on its Joe 3 & 4 claim group situated about eight miles east of the former San Antonio gold mine in Manitoba…
NCA plans drilling at San Lazarus
A stepout drilling program is being planned by NCA Minerals (VSE) to follow up a recently completed initial drill program on its San Lazarus property in Santa Fe Cty., N.M. The company released result…
U.S. REPORT USMX hits second gold discovery on East Top property
Colorado- based USMX (NASDAQ) announced its second discovery of the year after completing a 32-hole drilling program at its East Top property in White Pine Cty., Nev. The drilling intersected a number…
EDITORIAL PAGE Retail investors
If the Ontario’s securities overseers are convinced that small investors are no longer wanted, they should go ahead with its plan to charge a flat rate of 50 cents for every trade made on The Toronto …
Rush is on for Eagle River feasibility
A long-awaited feasibility study on the Eagle River gold deposit near Mishibishu Lake, Ont., should be ready by the end of the month, says Richard Nemis, president of Central Crude (TSE). The study wi…
Toronto Stock Exchange Indices (January 28, 1991)
Jan. 22 Jan. 21 Jan. 18 Jan. 17 Jan. 16 HIGH LOW Composite “300”3196.75 3205.20 3210.46 3201.64 3164.49 4009.47 3009.91 Metals & Minerals2746.81 2790.31 2789.88 2757.13 2689.59 3453.06 2502.63 Integra…
Base metal assays revive Queenston
One of five recent holes drilled by Queenston Mining (TSE) and Strike Minerals (COATS) on their 127-claim Robertson Twp. property has intersected 14.3 ft. grading 0.93% copper and 5.17% zinc. The clai…
Dome recovering from bitter strike
Production levels are slowly getting back to normal at the Placer Dome (TSE) Dome gold mine here. The 82-year-old producer is bouncing back from a bitter 5-month strike by the United Steelworkers of A…