Moss Lake tops list of Tandem`s projects
Despite the current difficult financing climate in the junior mine sector, Tandem Resources (ME) will be “very active” this year, President Stanley Hawkins told the annual meeting, with high interest …
Articles by Northern Miner Staff
COATS (over-the-counter) Mount Wright wins NSR
After a 9-year legal battle, Mount Wright Iron Mines has finally won the proceeds from a 1% net smelter royalty on production from Exminesa’s Rubiales mine in Spain. A Spanish court has ordered Exmine…
People SILVERSIDE RESOURCES INC.
Dr. Niyazi Kacira, appointed to the board succeeding J.M. Slack who resigned.
Cambior buying 50% stake in Sleeping Giant mine
As part of a growth plan designed to boost its Quebec gold production, cash-rich Cambior Inc (TSE) is picking up a 50% stake in the troubled Sleeping Giant mine of Aurizon Mines (TSE). The mine, which…
Trenching started at Mishibishu bet
Encouraging trench sampling results have been reported by Mishibishu Gold (VSE) from its Pukaskwa gold project about 110 km west of Wawa, Ont. The work was performed along a 4.2-km strike length of th…
NEWS IN BRIEF Dunfrazier Gold Expl.
Dunfrazier Gold Expl. (DFG: ASE) has extended the expiry date for its rights offering from May 17 to July 16.
NEWS IN BRIEF Eastmaque Gold Mines Ltd.
Eastmaque Gold Mines Ltd. (EMG:VSE) shareholders can convert their preference shares at a ratio of 1.2 common shares for each preference share at any time over a 30-day period during 1990 yet to be de…
Correction Geddes Resources
Contrary to what was reported (T.N.M., July 2/90), Geddes Resources (TSE) is proposing to construct a 104-km road to link its Windy Craggy project to the Haines Highway which then leads south to Haine…
Gold price forces shut down of Canamax’s Kremzar, Ketza
Unless gold prices improve dramatically in the near future, Canamax Resources (TSE) will wind down production temporarily at two of its three Canadian gold mines. A company spokesman said the Ketza Ri…
Asarco options Asquith property
A Canadian subsidiary of Asarco (NYSE) recently signed an option agreement to earn a 60% interest in 71 claims owned by Asquith Resources (COATS) in the Shining Tree area of northern Ontario. Asarco c…
Seven Mile High directors resign
A number of directors and officers of Seven Mile Group (VSE) have resigned pending a hearing before the British Columbia Securities Commission scheduled for July 6. Maurice Hamelin, former president, …
People VANCOUVER STOCK EXCHANGE
Martin Reynolds, vice-president and director of Nesbitt Thomson Deacon Inc. re-elected to the position of chairman of the board of directors for the 1990/91 fiscal year.