Acadia wins Hecla’s Canadian interests
Having recently elected a new board of directors, Acadia Mineral Ventures (TSE) is entering into an agreement in principle with Hecla Mining (NYSE) whereby Hecla will transfer all of its interest in c…
Articles by Northern Miner Staff
Delegates enjoy PDAC convention events
An expected shakeout in the exploration business appeared to have little effect on the level of interest in this year’s Prospectors and Developers Association of Canada Convention in Toronto. More tha…
Ungava acquires iron ore deposit
Optimistic about the future of the iron ore market, Ungava Iron Ores, a newly formed private company, has acquired a significant iron ore deposit at Hopes Advance Bay in northern Quebec. The Ungava de…
Alberta Stock Exchange Gateford doubles
Chromite explorer Gateford Resources saw its share price double to 65 cents on volume of more than a million shares during the week ended Mar 13. Gateford and its private affiliate Canchrome Mines are…
Nova-Cogesco Res. raises funding
A $2.5-million private placement with Le Fonds de solidarite des travailleurs du Quebec and MSV Resources (ME) has been completed with Nova-Cogesco Resources (TSE), the companies report. Le Fonds acqu…
Spot prices at a glance (March 19, 1990)
Week’s Price (US) Change Gold* $398.80 — $3.80 Silver* $5.09 — $0.05 Platinum* $502.50 — $6.05 Nickel** $4.13 + $0.17 Lead** $0.55 + $0.10 Copper- $1.18 Zinc $0.79 + $0.07 Courtesy of Scotiabank. I…
Obituary Walter Baker
Walter Baker, well-known prospector and resident of Larder Lake, Ont., died suddenly on March 2. He was 86. Baker began prospecting at an early age in the Bisset-Rice Lake gold camp of Manitoba and du…
Easing of regulations in Latin America improves climate for
investment…
Northgate income up from last year
Lower income taxes and investments in associated companies resulted in a better earnings picture for Northgate Exploration (TSE). The Toronto-based company reported net income of $9.4 million or 42 ce…
McGill stakes claim to seniority
In announcing a most generous gift by Inco to the Mining Engineering Department of Queen’s University for the provision of modern laboratory facilities, you refer to the Queen’s department as Canada’s…
Reserves at Hislop top one million on Stroud’s Hislop project
Reserves have topped the 1-million-ton mark at Stroud Resource’s (TSE) Hislop Twp. gold project near Timmins, Ont., after recent drilling intersected high gold values in the Creek zone. According to S…
General News & Comment Ontario will stop issuing assay coupons
When Ontario’s new Mining Act comes into force next year, the province will stop issuing free assay coupons to licensed prospectors. The total value of the 990 coupons redeemed between April 1, 1988, …