North American gold equities are recommended
London-based brokerage house Barclays de Zoete Wedd is recommending investors focus on the North American gold sector in the short-to-medium term as opposed to Australian and South African gold equiti…
Articles by Northern Miner Staff
Onitap is named in Orex lawsuit
Legal proceedings have been instituted by Exploration Orex (ME) against Onitap Resources (TSE), Narex Ore Search Consultants and the president of Onitap and Narex, Karl Naert, over the Goldboro gold p…
IOCC GOLD OPTIONS (July 16, 1990)
Options Open Series Volume Last Interest Aug. 360 C 118 6.70 381 Aug. 370 C 78 2.70 596 Aug. 380 C 29 1.30 763 Nov. 350 C 47 21.50 63 Nov. 380 C 38 7.00 381 Nov. 390 C 55 5.00 351 Nov. 400 C 86 3.60 7…
Drill program starts at Cat Mountain
The area surrounding the Mt. Milligan gold- copper project north of Prince George, B.C., is expected to be a busy exploration camp this year, second only to the “Golden Triangle” in the northwestern c…
Goldpost claims
Eight claims, 320.5 acres in size, in the east-central part of Hislop Twp. in northeastern Ontario, have been sold by Holcorp Gold Mines to Goldpost Resources (TSE) for $60,000. The claims are adjacen…
Toronto Stock Exchange Indices (July 16, 1990)
July 10 July 9 July 6 July 5 July 4 HIGH LOW Composite “300” 3527.94 3540.64 3549.77 3551.28 3575.24 4009.47 334.13 Metal Mineral 3244.8 3234.2 3270.9 3257.3 3293.8 3453.06 2850.84 Integrated Mines 34…
U.S.REPORT Mohave name change
Calgary-based Mohave Gold plans to discontinue its operations under the Canada Business Corporations Act and transfer its corporate jurisdiction to Nevada. The common shares of Mohave were delisted fr…
Exploration ongoing at Hucamp property
Deep underground exploration is continuing on the Manitouwadge area property of Hucamp Mines (COATS). The work is part of an ongoing program being carried out by Noranda Inc. (TSE); more than $3 milli…
Inco Gold starts bulk testing at Cochenour-Willans gold bet
The test mining phase of a $4.6-million program designed to determine the viability of the Cochenour-Willans gold mine property near Red Lake, Ont., got under way recently. Inco Gold, a unit of Inco (…
Toronto Stock Exchange Franco-Nevada big winner on otherwise quiet
Franco-Nevada Mining, Placer Dome and Corona A were among the issues which benefited from an increase in the price of gold bullion for the week ended July 3. Analysts attributed the advance to US$362….
Quebec boosts gold production
Quebec’s 26 producing gold mines in 1989 turned out almost 36 million grams of the precious metal, but a lower world price of gold resulted in a drop of 10.1% in total value compared with 1988. Provin…
Canadian Mineral Industry Education Foundation
The Canadian Mineral Industry Education Foundation, now in its 25th year, has expanded the eligibility categories for its scholarships. Ordinarily, the foundation offers undergraduate and some post-gr…