Articles by Northern Miner Staff

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…



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…



Flexibility key to Placer Dome exploration strategy

In terms of gold production, Placer Dome (TSE) surpassed the 1-millionth-oz. level for the first time ever in 1989. While that’s good news for shareholders, it also means the company has to replace th…


Obituary J.G. `Jim’ Powley

J.G.”Jim” Powley, vice-president of Midland Capital Corp. and a broker well known in Toronto’s mining circles, died suddenly March 4. He had just turned 50. Powley, a professional accountant who becam…


News in Brief (March 12, 1990)

Valentine Gold Corp. has changed its name to Point Resources Ltd. (PTZ:VSE) on a 1-new-for-10-old-share basis. Transfer agent is Central Guaranty Trust Co. NA6…




Modest results on Douay gold bet

Low gold assays have been reported by Societe d’Exploration Miniere Vior (ME) from four final drill holes on the Douay joint venture in northwestern Quebec. The project is 42% owned by operator Inco (…


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