Marine geology lab opens at U of T
The University of Toronto officially opened its Scotiabank Marine Geology Research Laboratory on March 1. Laboratory director Steven Scott said work in the lab, located at the university’s new Earth S…
Articles by Northern Miner Staff
Claude announces option agreement
An agreement has been reached between Claude Resources (TSE) and Shore Gold Fund (ASE) for the further development of Claude’s Grassy Lake gold property 12 miles northwest of Flin Flon, Man. The optio…
Giant charged in mine fatality
Gold producer Giant Yellowknife Mines (TSE) and one of its supervisors have been charged under the Occupational Health and Safety Act in connection with an April 6, 1989, cave-in that killed a Timmins…
Letters to the Editor Prospectors need more assay coupons
I am writing this letter primarily on behalf of independent prospectors who find it difficult to assess properly their discoveries with the limited assistance from Ontario’s Ministry of Mines in the f…
Funding for Ontex lawsuit approved
Financing in the form of a $2,184,000 private placement has been approved by the directors of Ontex Resources (ASE). The placement consists of 2.4 million common shares priced at 91 cents per share. T…
Falconbridge gold output up despite halt at Owl Creek
Toronto-based Falconbridge Gold (TSE) succeeded in increasing its gold output in 1989 even though the company is no longer mining ore from its Owl Creek mine, west of Timmins, Ont. The 50.6% owned Fal…
Budget for New World
A budget of US$5.9 million has been set for the 1990 development program on the promising New World property, a gold-silver-copper prospect owned by Crown Butte Resources (VSE). The budget for develop…
B.C. exploration programs during 1989 raised profile of key base
deposits Last year was an exciting time for new discoveries in British Columbia, and also a year of change for mineral exploration. Junior exploration companies maintained a prominent role on the prov…
Exploration programs key on base metal prospects
Even though base metal prices have softened, the mining industry is in better shape now than it has been for many years, and exploration directed toward polymetallic deposits is still being conducted …
PRODUCER PRICES (March 12, 1990)
ALUMINUM: MW U.S. Market US67.50- 70.00cents per lb. (Mar. 1, 1990). ANTIMONY: New York dealer US84-86cents per lb. (Feb. 15, 1990). BISMUTH: New York dealer US$4.30-4.40 per lb. (Feb. 8, 1990). CADMI…
Eastmaque boosts production from American Girl
A record monthly rate of gold production was reported by Eastmaque Gold Mines (TSE) from its American Girl mining joint venture in Imperial Cty., Calif. During the month of January, production reached…
Gold acts as a type of `security blanket’ for mankind
Among all the minerals — and there are literally hundreds of them — gold has long played a unique role. Man’s fascination with gold goes back to the beginnings of recorded history. Although gold is …