EDITORIAL Interest rates must come down quickly
The time is right for Bank of Canada Governor John Crow to ease up on interest rates. Fighting inflation may have been sufficient reason to jack up rates during the past two years. Today, the threat o…
Articles by Northern Miner Staff
Adrian starts drill program
A diamond drill program is under way on the Ski project held by Adrian Resources (VSE) in the Eskay Creek district of northwestern British Columbia. The program is designed to test the extension of th…
INSIDER TRADING Spirit Lake director active market player
As Spirit Lake Explorations (ME) continues to explore a small high grade gold deposit northeast of Wawa, Ont., director William Chymyck has been active in the stock market. According to the Ontario Se…
Placer, Corona bid for Eskay while Musselwhite waits
As two of the country’s biggest gold producers, Corona (TSE) and Placer Dome (TSE), continue battling for control of the high-profile Eskay Creek gold discovery in northwestern British Columbia, the c…
Anglo stops first hole short of targeted zone
Anglo Canadian Mining (TSE) has had to abandon its first hole short of the intended target at the MWF gold property in Matheson Twp., Ont. Anglo hit a badly fractured zone at depth which threw off the…
GOLD FUNDS (July 16, 1990)
MVP BGR Central Capital Net value $10.77 $5.59 $0.34 Price $9.375 $5.750 $0.19 Discount %12.95% %2.9% 44.1% Value $64,131,138 $96,739,725 N/A…
U.S.REPORT Goldstake selling tailings interest
A 40% interest in the Whitewood Creek tailings project outside of the Black Hills of South Dakota has been put up for sale by Goldstake Explorations (TSE). The company made no mention of the impending…
Gold regulations, taxes in 13 nations subject of report
New gold regulations and taxes in 13 nations are covered in a revised edition of Gold Regulations & Taxes for Mining, Refining, Manufacturing & Trade in Thirteen Countries. The nations surveyed are Au…
OSC rules on Barbour
The Ontario Securities Commission has suspended the personal trading rights in Ontario of Noranda (TSE) officer Wilson Barbour for two years and his trading in securities on behalf of his company’s pe…
50th anniversary at Noranda High
Noranda High School, founded 50 years ago, will have a reunion in Rouyn-Noranda, Que., Aug. 3-6. Many of its graduates are now in the mining or mining-related professions. Some hold important position…
Partners fail to duplicate earlier results from Fontana
With the completion of five additional holes on the Fontana property on northwestern Quebec, Bay Resources and Services (ASE) has been unable to reproduce the exciting results that raised a stir in th…
Correction Nicholas Lake
A preliminary reserve estimate of 1,228,000 tons grading 0.36 oz. gold per ton, with a dilution factor of 16%, has been reported by Athabaska Gold Resources (TSE) and Chevron Minerals for the Nicholas…