Bunker Hill surpasses 2,000 tons per day
At a time when many other base metal producers are paring back production or closing operations outright, Bunker Hill Mining (TSE) is continuing efforts to increase throughput. Production at the compa…
Articles by Northern Miner Staff
Ontario to lift part of Cobalt-area land caution
The Ontario government recently announced it has reached an agreement with the Bear Island Indian Band clearing the way for mineral exploration of 1,100 sq. km of land that has been frozen to explorat…
Monique financing (February 05, 1990)
Monique Exploration (ME) has entered into a financing agreement with La Societe en Commandite Monique II worth $250,000, the proceeds to go toward mineral exploration. Monique will issue 250,000 commo…
Toronto Stock Exchange Indices (February 05, 1990)
1989 Jan. 30Jan. 29Jan. 26Jan. 25Jan. 24HIGH LOW Composite “300”3707.003722.523733.723749.353761.464009.473707.00 Metals & Minerals3048.703056.643064.413071.853068.443453.053048.70 Integrated mines…
Montreal Exchange Market retreats
Volatile financial markets had a negative impact on the Montreal Exchange during the week ended Jan. 30. The price of gold advanced at the beginning of the report period, then backed off. Both the mar…
Minnova to explore Rainbow project
The Rainbow property in the Greenwood mining camp of southern British Columbia will be the subject of a 60% earn-in by Minnova (TSE). The company is earning the interest from Kettle River Resources (V…
Franco in Hemlo
Franco-Nevada Mining (TSE) has entered the Hemlo gold camp by purchasing a 100% interest in 31 claims from International Interlake Industries (VSE). Franco will pay Interlake $1.65 million after compl…
News in Brief (February 05, 1990)
Chesbar Resources (TSE) has changed its transfer agent to Royal Trust Co.
Metal prices push commodity index down
Sliding metal prices had a negative effect on Scotiabank’s all- commodity price index in December, which was off 0.8% from the previous month. The all-items index has fallen 9.5% in the last year. Eco…
Gold funds as of Jan 30
MVP BGR Central Capital Net value $12.53 $6.44 $0.44 Price $11.75 $7.00 $0.40 Discount 6.23% 8.7% 9% Value $74,596,963 $108,36…
Barrick pulls strong hole on Card Lake bet
Assay results from one of six recently completed surface drill holes on Card Lake Resources’ (COATS) Harker Twp. property near Matheson, Ont., include 10.5 ft. grading 0.26 oz. gold per ton and 7.5 ft…
Brunswick falters in fourth quarter
Net earnings for 1989 of $29.7 million (80 cents per share) were reported by Brunswick Mining & Smelting (TSE), compared with $31 million (87 cents per share) the previous year. Value of mineral prod…