Epoch, Noranda sign joint venture deal
A joint venture agreement has been signed between Epoch Capital (VSE) and Noranda (TSE) to explore the Burnt Pond base metal property in central Newfoundland. Under the terms of the agreement, Noranda…
Articles by Northern Miner Staff
MinVen writes off Blackdome, but gold production continues
Denver-based MinVen Gold (TSE) has written down the carrying value of its Blackdome gold mine near Clinton, B.C., and is also looking to sell its one-third interest in the Golden Reward mine near Lead…
SUPPLIER’S NOTES (April 02, 1990)
Bailey Controls Group, through parent Elsag, has acquired a controlling interest in the Industrial Controls Division of Schlumberger Industries of France. A new company, Bailey SEREG, has been formed …
CONE CRUSHERS
Long ago stamp mills gave way to more refined crushing units. Today, there is a full range of primary and secondary crushing systems. Cone crushers for the mining industry are generally relegated to s…
Alberta Stock Exchange Northfield up 20 cents
Northfield Minerals moved up 20 cents to $1.70 after announcing it has finalized a deal to acquire control of the Cheminis gold mine property near Kirkland Lake, Ont. An underground development and ex…
NORTH RIM NICKEL; INCO’s Lower Coleman and East McCreedy orebodies
Not much has changed here in at least the past 10 years, and it certainly doesn’t look like a boom town. Nevertheless, Levack, Ont. is the hot-bed of mine building in Canada today. More money is being…
TVX has projects in Latin America
Recently you published an article regarding the possibility of new opportunities for Canadian mining companies in Latin America (T.N.M.,March 19/90). With the largest investment in Latin America of an…
Alberta Stock Exchange Naxos gains 70 cents
News that Naxos Resources is acquiring an 80% interest in some placer gold properties on Thibert Creek near Dease Lake, B.C., for $725,000 helped boost that company’s share price by 70 cents to close …
Bow Valley generates earnings of $25.7 million during 1989
Bow Valley Industries (TSE), the Calgary-based oil and gas company which is developing a high- grade uranium project in Saskatchewan with Denison Mines (TSE), had a profitable year in 1989. Net income…
COATS (over-the-counter) Thunderhead return
Thunderhead Gold Mines, a company that ceased trading in 1983, has since been revived and is actively trading again for the week ended March 20. Thunderhead shares jumped 10 cents to close at $1.15 on…
Hemlo, Crude test milling samples from Eagle River
Test milling results are expected by next month for two bulk samples extracted from underground test stopes at the Eagle River joint venture of 60/40 partners Hemlo Gold (TSE) and Central Crude (TSE)….
Recorders brace for action when Ontario lifts caution
Ontario’s mining recorders’ offices in Sudbury and Larder Lake have been swamped with calls from individual prospectors since the province announced that part of a Cobalt-area land caution will be lif…