Elliot Lake lab bears Coates’ name
An Elliot Lake laboratory has been named the Donald F. Coates Building in honor of the late Dr. D.F. Coates. It is a section of the Mining Research Laboratories at the Canada Centre for Mineral and En…
Articles by Northern Miner Staff
U.S. News in Brief (April 16, 1990)
Coeur d’Alene Mines has declared a 15 cents dividend payable April 20 to shareholders of record April 13. The company has also filed an application to list the common stock on the New York Stock Excha…
Letters to the editor Antimony: the deadly metal
I came across a short notice in your paper stating “Arsenic metal soars” (T.N.M., Feb. 5/90). The last sentence reads: “The main use for arsenic metal is as an alloy with lead to make shot for bullets…
Letters to the Editor `Greenpeach supports uranium industry’
In reference to the article on the uranium market study commissioned by Greenpeace (April 2/90), I find it shocking that Greenpeace is actually promoting the world nuclear industry by lobbying for a b…
Rogi focuses on two Quebec properties
Two Quebec properties owned by Rogi Exploration (ME) will see work programs totalling $350,000 performed on them this year as part of separate deals with Freewest Resources and Aur Resources (TSE). Au…
U.S. Report BMR focusing on California project
The focus for the coming year for BMR Gold (ASE) will be to bring the America Mine gold project to the point of a production decision. BMR has the right to acquire a 75% interest in the America Mine p…
Sale of Indonesian interests will net Inco $125 million
Through a public offering on the Indonesian stock exchange, Inco (TSE) will sell 20% of its interest in PT International Nickel Indonesia (PT Inco). The sale will net proceeds of US$250 million, resul…
Spot prices at a glance (April 16, 1990)
Week’s Price (US) Change Gold* $374.10 — $0.15 Silver* $5.09 + $0.08 Platinum* $476.00 + $0.30 Nickel** $3.99 — $0.10 Lead** $0.37 — $0.04 Copper- $1.19 — $0.07 Zinc $0.74 — $0.04 Courtesy of Sco…
Commodity index in further decline
A small drop of 0.5% in Scotiabank’s all-commodity price index was recorded for February; on an annualized basis, the index fell by 5.3% for the month. A decline in base metal prices contributed to th…
Dayton building gold reserves on Chile bet
Vancouver-based Dayton Developments (VSE) and its private subsidiary Kimex Resources have acquired an option to buy Chevron’s (NYSE) 4% net returns royalty in the Andacollo gold project in Chile. Dayt…
Stepout drilling expands limit to extent of Crown Jewel deposit
Drilling results from a recently started summer program on the Crown Jewel property in northeastern Washington State indicate that the ultimate size of the gold deposit has yet to be determined. Battl…
Development under way on Santa Gertrudis placer gold property
Exploration and development is under way on the Santa Gertrudis placer gold property in Colombia, says owner Western International Explorations (COATS). Santa Gertrudis, Western International’s 90% ow…