Checking it twice
The computer was to have eliminated most of the memos, missives and managerial decrees that circulate within departments, between departments and from head office to the operating mine. The computer d…
Articles by Northern Miner Staff
Lencourt fails to buy Zairean mining outfit
Toronto-based Lencourt (TSE) has failed to raise the $5 million needed to purchase a 72% stake in Zairean mining company Sominki and its Belgian subsidiary Cogemin S.A. Lencourt said due diligence stu…
Campbell benefits from Joe Mann gold
Higher gold output from the Joe Mann mine at Chibougamau, Que., allowed Campbell Resources (TSE) to remain in the black during the first nine months of this year. The 27% owned Northgate Exploration (…
B.C. mining week
British Columbia will hold its third annual mining week during the last week of February in Vancouver’s Pan-Pacific Hotel. Events include a careers fair, an award luncheon, a mine safety banquet and t…
Ontario anticipates stiffer regulations for mine closure- Mining
The recent Equity Silver situation in British Columbia has no doubt raised concern abou th futur elsewher i th country Th Britis Columbi governmen wa reporte t b considerin closur bon twic th amoun Eq…
NO HEADLINE (November 26, 1990)
TEXT: Nations would ban Antarctic mining The proposed creation of a world park in Antarctica received a boost recently when the U.S. agreed to ban U.S. mining in the southern continent and Britain in…
Onitap and Orex discuss settlement
The possible settlement of litigation related to the Goldboro gold property in Nova Scotia is being discussed by Onitap Resources (TSE) and Exploration Orex (ME), the companies jointly announced. Orex…
Corona’s ups Prime stake to 45.5%
Through a private purchase of 858,500 common shares, Corona (TSE) has increased its stake in Prime Resources Group (VSE) to 45.5%. As a result, Corona now owns 19.7 million shares of Prime. Corona has…
FUTURES PRICES (November 26, 1990)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Nov 119.50 117.70 119.05 + 2.05 Dec 117.25 115.50 116.45 + 0.15 Jan 115.20 115.20 115.05 + 0.85 SILVER (in US cen…
Stratmin, Cal Graphite first of new graphite producers
With limited production to its name and a sporadic history over 150 years, Canadian graphite is at last finding its feet. All the new production capacity is based in the Grenville geological province …
Durvada vends Nevada property
An agreement has been signed between Durvada Resources (ASE) and Crimson Star (VSE) to develop Durvada’s gold heap leach property in southwestern Nevada. Crimson Star can earn a 50% interest in the Ye…
Chile considers flow-through plan
A recent Canadian government report says at least six countries in South and Central America are making serious efforts to attract additional mineral exploration. For example, the report says, Chile h…