Articles by Northern Miner Staff

Anglo seeking funds

At a recent meeting of Anglo Canadian Mining’s (VSE) shareholders, approval was granted for the acquisition of a 51% interest in the MWF gold property in Matheson Twp., near Timmins, Ont. A $250,000 e…


Fairbanks Gold confident of large tonnage operation

Armed with new reserve calculations for the Fort Knox gold property near Fairbanks, Alaska, 51% owner Fairbanks Gold (VSE) is confident it has the makings of a huge bulk tonnage mining operation. Pres…


Freewest, Sparton get good results

A 2,500-ft. drill program completed recently by Freewest Resources (ME) and Sparton Resources (TSE) on their jointly optioned Helena Lake property near Fort Frances, Ont., has yielded good results in …


Metal Prices PRODUCER PRICES (February 19, 1990)

ALUMINUM: MW U.S. Market US64.00- 66.00 cents per lb. (Feb. 1, 1990). ANTIMONY: New York dealer US88-90 cents per lb. (Jan. 25, 1990). BISMUTH: New York dealer US$4.35-4.45 per lb. (Feb. 1, 1990). CAD…


Equity posts $16-million reclamation bond

The costs associated with closing a mine in these environmentally sensitive times have become an important issue for Equity Silver Mines (TSE). The Vancouver-based company posted a $16-million reclama…


Letters to the Editor No connection

I write to draw attention to an error (T.N.M., Feb. 12/90) in the article “Rio, Denison sue each other over Elliot Lake practices.” In the closing paragraph, the writer attributes the pending closure …


McNickel to earn 50% of Spud Valley bet

Toronto-based McAdam Resources (TSE) has entered into an agreement with McNickel (COATS), giving the latter company the right to acquire a 25% interest in McAdam’s Spud Valley gold property on Vancouv…


FUTURES PRICES (February 19, 1990)

N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Feb105.50 100.65 105.45 + 5.45 Mar104.40 99.00 104.20 + 5.00 Apr102.90 102.70 102.90 + 4.40 SILVER (in US cents p…


Gold funds as of Feb. 13

MVP BGR Central Capital Net value $12.72 $6.53 $0.43 Price $11.50 $6.88 $0.40 Discount 9.59% 5.3% 7% Value$75,719,542 $109,925,672 N/A…


Editorial Stop delaying Iskut road construction

It should not take the death of six men in a recent helicopter crash to make clear the immediate need for an all-weather access road into the rugged Iskut River mining camp of northwestern British Col…


Metals News in Brief

World crude steel output rose to a record high of 783.5 million tonnes in 1989, up 0.5% from the previous year, according to preliminary figures released by the International Iron and Steel Institute….



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