Dome mine’s fate hinges on union vote
Gold-producer Placer Dome (TSE) has put the fate of the 80-year-old Dome mine here in the hands of the United Steelworkers of America. On Oct. 11, the company delivered videotaped messages from Anthon…
Articles by Northern Miner Staff
Metals and Human Health: What Business Are We IN?
If you ask the chief executive of a large Canadian mining company what business he is in, he is likely to give you a funny look before replying, “Why, the mining business, of course.” If you ask him t…
PEOPLE SLOCAN DEVELOPMENT
George Scott and Robert Barbero appointed directors succeeding Arthur Clemiss and John Ivany who resigned.
Vinta cuts wide zones in Alaska
Drilling on the Illinois Creek project in the western interior of Alaska is returning wide intersections of gold mineralization. The property is owned by Vinta Exploration (VSE) which recently complet…
METAL PRICES FREE MARKET (October 22, 1990)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date October 16 October 15 October 12 October 11 October 10 Copper 1341-1343 1352-1353 13…
Tonnage potential at Quet
Initial drilling results from the Quet property, 90 km northeast of Vancouver, returned wide intersects of low-grade gold. Noranda (TSE) is earning a 60% interest in the property from Aranlee Resource…
Bethlehem, Goldnev join forces to explore prospects near Revelstoke
A recent joint venture agreement between Bethlehem Resources (TSE) and Goldnev Resources (VSE) will provide for ongoing exploration of several prospects in the vicinity of the Goldstream polymetallic …
New joint venture for Pay Dirt
A proposed joint venture agreement is setting the stage for Pacific Century Explorations (VSE) to take on a partner for continued exploration of the Pay Dirt property in northwestern British Columbia….
St. Gen. cancels Swiss debentures
St. Genevieve Resources (TSE) recently bought for cancellation, $10.7 million worth of its 5.625% convertible bonds, through a transaction on the Swiss bond market. The bonds were purchased for the eq…
Sikaman begins gold production in Ghana
The Goldenrae alluvial gold mine in Ghana, West Africa, has entered into production, two weeks behind schedule but 10% below budget. At operating costs of below US$130 per oz., part-owner Sikaman Gold…
Metal Prices FREE MARKET (October 15, 1990)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date October 9 October 8 October 5 October 4 October 3 Copper 1460-1464 1454-1456 1470-14…
GOLD FUNDS (October 15, 1990)
MVP BGR Central Capital Net value $10.35 $5.74 $0.29 Price $9.375 $5.375 $0.16 Discount 9.42% 6.4% 44.8% Value $61,640,194 $90,430,613 N/A…