Montreal Exchange Goldex- Ormico program
A softening gold price, the result of quieter times in the Persian Gulf, seemed to spur the stock market. The general market portfolio index, while still off, was down by only 3.5 points for the week …
Articles by Northern Miner Staff
Noranda increases stake in Louvem
While negotiations continue between Societe Miniere Louvem (TSE) and Noranda Minerals over a major share purchase by the latter in Louvem, Noranda has gone ahead with a small stock acquisition. Norand…
Minnova tests new target on Chu Chua
For the past several years, Minnova (TSE) has been exploring the Chu Chua property not far from its 70% owned Samatosum polymetallic mine near Barriere, B.C. It has the right to earn a 50% interest in…
PEOPLE BILLITON METALS CANADA
Andrew Flett appointed president succeeding Leo Halliday. Billiton holds significant interest in Les Mines Selbaie in Quebec and is the operator of the Blende zinc exploration project.
PEOPLE LONDON METAL EXCHANGE
John Wolff appointed chairman.
PDAC participates in national geoscience mapping program
Earlier this year, the Geological Survey of Canada (GSC) announced a series of program enhancements and new directions. Included was the proposed National Geoscience Mapping Program (NATMAP). The prog…
Development continuing at Francoeur mine despite mining halt
At Rouyn Mining Resources’ (TSE, ME) Francoeur mine, the focus has shifted from mining to reserve development. Mining was stopped in late June because it was too costly. According to President Jean-Gu…
FUTURES PRICES (September 10, 1990)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Sept 129.00 127.85 128.10 — 0.70 Oct 128.10 127.40 126.90 — 0.30 Nov — — 125.40 + 0.40 SILVER (in US cents pe…
Porgera ships first gold, raises production target
International mining company Placer Dome (TSE) recently made the first shipment of gold bullion to refiners from the newly commissioned 1,650- ton-per-day first-stage plant at the Porgera mine in Papu…
Cross-Cuts (September 07, 1990)
TOUTING VALUE-ADDED MATERIALS “Canada has traditionally derived wealth from exploitation of natural resources. Canadians are failing to realize that this is no longer the high road to an increasing st…
At your service
Today there are many developments occurring in the industry that lead us to think that strong changes are taking place and that the nature of mining may change profoundly in the future. This article w…
Engineering a future
Our collective mediocrity has been well-documented. Hewers of wood, drawers of water and all that. The critics charge that we have beavered away for too long, chopping down vast tracts of forest, digg…