Normetal, La Sarre deal with Cominco
Affiliated companies Normetal Mining (ME) and La Sarre Mining (ME) have struck a deal with Cominco (TSE) to fund exploration on the former companies’ claims adjoining the past-producing Normetal coppe…
Articles by Northern Miner Staff
SMA fights hazards
The Saskatchewan Mining Association (SMA) has recently announced an environmental policy as it stresses the importance of its contribution to economic growth in the province. The policy, endorsed by a…
Gold funds as of Mar. 20
MVP BGR Central Capital Net value $12.35% %$6.15% $0.41 Price $10.875% %$6.50% $0.29 Discount 11.94% 5.7%5 29.3% Value $72,647,107 $103,530,859 N/A…
Tyranex Gold fears Rockford takeover
Management at Tyranex Gold (COATS) fears that an application made against them by Rockford Minerals (TSE) in the Supreme Court of Ontario will lead to a takeover by Rockford. The application has been …
Editorial Fiduciary incantation
It is highly unlikely that anyone involved in the Canadian mineral exploration business during the past few years has not heard of fiduciary duties. The term was made famous during the LAC-Corona laws…
Obituary Theo Parr
Theo Parr, retired vice-president and director of Ingersoll-Rand Canada, died in Cuernavaca, Mexico, March 7. He was 84. Throughout his career, Parr actively promoted the sale of indus0000,0600 trial …
Campbell turns a profit while expanding its Joe Mann mine
While in the midst of expanding its Joe Mann gold copper mine in Chibougamau, Que., Campbell Resources (TSE) earned a small profit for the year ended Dec. 31. In 1989, the Toronto-based affiliate of N…
Laverty to test gold zone near Red Lake
Results from a recently completed humus sampling program on a claim group near Red Lake, Ont., have revealed strongly anomalous gold values, says property owner Laverty Red Lake Resources (COATS). The…
PRODUCER PRICES (March 26, 1990)
ALUMINUM: MW U.S. Market US68.50- 70.50 cents per lb. (Mar. 8, 1990). ANTIMONY: New York dealer US84-86 cents per lb. (Feb. 15, 1990). BISMUTH: New York dealer US$4.30-4.40 per lb. (Feb. 8, 1990). CAD…
Drilling starts at Hyland
Drilling has started at the Hyland Gold property, 44 miles northeast of Watson Lake, Y.T. The property is a joint venture operated and 40% owned by Silverquest Resources (VSE) with the remaining 60% s…
Letters to the Editor Sharing finds with tax men
I would like to say how much I enjoyed your 75th-year anniversary issue. I especially enjoyed Noble Harbinson’s comments regarding the cancellation years ago of the 3-year tax-free period for new mine…
Toronto Stock Exchange Volumes light as investors await clearer
Confused investors opted to remain on the sidelines today, March 21, as they waited for more definite signs of what the immediate future holds for the economy. As a result, volumes were generally low …