Ottawa doing away with CEIP
Less than two years after introducing its Canadian Exploration Incentives Program (CEIP), the federal government is eliminating the controversial scheme in an attempt to reduce the burgeoning deficit….
Articles by Northern Miner Staff
Fire River seeks new properties
Fire River Gold (COATS) says discussions are under way with its underwriter to raise new financing for property acquisitions and additional exploration work on its Alice “A” gold-silver property, east…
People (February 26, 1990)
BRANER RESOURCES — Mark Wallbom appointed to the board of directors.
U.S. Gold Project
Due to construction cost overruns and delays at the Tonkin Springs project near Eureka, Nev., owner U.S. Gold (NASDAQ) is experiencing significant liquidity problems. The Tonkin Springs project began …
Henry Kissinger speaks at Boston conference
Henry Kissinger, former U.S. secretary of state, will be the keynote speaker at the International Investment Conference to be held in Boston on May 29. This conference will bring together top mining a…
Alberta Stock Exchange Kingswood active (February 26, 1990)
A volume leader for the week ended Feb. 20 was Toronto-based Kingswood Explorations, which saw more than a million of its shares traded to close at 87cents. That’s a gain of 30cents from last week’s p…
NO HEADLINE (February 26, 1990)
TEXT: The 5th International Tungsten Symposium will be held Oct. 14-18 in Budapest, Hungary. The papers will cover some of the following topics: supply and demand, developments in the metallurgy of t…
Placer Dome faces cave-in charges
The Ontario Ministry of Labour has charged Placer Dome (TSE) with two counts under the Occupational Health and Safety Act in connection with a cave-in Feb. 20, 1989, that killed three miners. The char…
IOCC GOLD OPTIONS (February 26, 1990)
Options Open SeriesVolumeLastInterest May 390 C 13138.50 407 May 410 C 17624.00 842 May 420 C 94019.401,768 May 430 C 13812.001,261 May 440 C 180 9.801,492 May 450 C 258 6.50 637 Aug. 420 C 7626.00 70…
FUTURES PRICES (February 26, 1990)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in UScents per lb.) Feb 114.55 114.30 114.55 + 9.10 Mar 115.10 112.10 113.00 + 8.80 Apr 110.60 110.50 110.25 + 7.35 SILVER (in US cent…
Taylor and Zunkel win TMS Best Paper Award
John Taylor and Alan Zunkel recently received The Minerals, Metals & Materials Society (TMS) Extractive Metallurgy Best Paper Award for their joint effort, “Integrated Primary/Secondary Pb Smelting.” …
Mercur ruling in Barrick’s favor
Toronto-based American Barrick Resources (TSE) has won what it regards as a major victory in its legal fight with a Utah-based exploration company for control of the Mercur Gold mine in Utah. Barrick …