Kerr Addison boosts profits for first half
Strong production performance and contributions from Minnova’s (TSE) new Ansil and Samatosum mines boosted Kerr Addison Mines’ (TSE) net income for the first half of 1990. The company reported earning…
Articles by Northern Miner Staff
American Barrick/purple vein
Bullish predictions on the potential size of a high-grade gold deposit on American Barrick Resources’ (TSE) North claim block near Carlin Nev., recently returned to haunt a company that holds a royalt…
Insider Trading Insiders miss out on Redfern highs
Helped by exploration results at the Tulsequah Chief polymetallic joint venture with Cominco (TSE), shares of Redfern Resources (TSE) recently touched new highs. The issue climbed to $6 after Redfern …
FUTURES PRICES (August 13, 1990)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Aug 130.00 127.50 127.50 + 2.20 Sept 130.30 127.20 127.30 + 2.70 Oct 127.70 125.50 125.45 + 2.85 SILVER (in US ce…
Iskut J.V. drilling north of Snip
The initial phase of drilling on the Iskut Joint Venture Project has been completed. The project is an equal joint venture between Prime Resources Group (VSE), American Ore (VSE) and Golden Band Resou…
Letter to the editor Touting the Rossland mines
I have been an ardent reader of The Northern Miner since 1933, the days of Sidney Norman. I enjoyed the 75th anniversary issue very much, but was disappointed in your reference to the Consolidated Min…
Board prepares for showdown with Sherritt shareholders
A showdown between the board of Sherritt Gordon (TSE) and a group of minority shareholders who are attempting to win control of the company is expected to occur at a special shareholders’ meeting in T…
Mining enthusiast enjoys behind-the-scenes work
While out to lunch the other day, some friends suggested that one Leon LaPrairie just might be an admirable subject for this column, pointing out how much behind-the-scenes good work this mining enthu…
New World bet supports 6 drill rigs
Three core drills and an equal number of reverse circulation drills are currently at work around the clock on the New World property in Park Cty., Mont. The promising gold-silver-copper project is own…
Dickenson, Wharf boost production
Net earnings of $2.3 million (13 cents per share) on revenue of $32.7 million were reported by Dickenson Mines (TSE) for the first six months of 1990, compared with net income of $6.6 million (40 cent…
PRODUCER PRICES (August 13, 1990)
ALUMINUM: MW U.S. Market US73-75 cents per lb. (Jul. 26, 1990). ANTIMONY: New York dealer US82-83 cents per lb. (Jun. 14, 1990). BISMUTH: New York dealer US$2.95-3.05 per lb. (Jul. 5, 1990). CADMIUM: …
Nemis “couldn’t be happier” as tonnage builds at Crude bet
As Central Crude (TSE) President Richard Nemis contemplates his company’s Eagle River and Moss Lake projects from a 42-ft. yacht on the waters of Georgian Bay, Ont., he admits that life couldn’t be be…