Mazarin acquires exploration arm
A new exploration arm has been acquired by Societe d’Exploration Miniere Mazarin (ME), which wants to concentrate on development of its graphite property near Fermont, Que. Mazarin and Gestion Ressour…
Articles by Northern Miner Staff
Startup required partners for Muscocho
The long startup periods required to bring the Magino and Magnacon gold mines to the projected levels of operation and the depressed gold price in 1989 resulted in a substantial cash drain on the owne…
LAC gets good values on Jonpol bet
Good grades and widths are being confirmed by underground drilling on the Garrison Twp. gold project owned by Jonpol Explorations (TSE) and T & H Resources (TSE) in northeastern Ontario. The property,…
Granges exploring Terragold project
Vancouver-based Granges (TSE) is evaluating several gold showings at a former copper producer in the Baie Verte region of Newfoundland, having optioned the property from Terragold Resources (ASE). Und…
Louvem fails to have courts stop Aur drilling
Societe Miniere Louvem (TSE) and parent company St. Genevieve Resources (TSE) have failed to have drilling stopped at the Louvicourt Twp. massive sulphide discovery near Val d’Or, Que. But St. Genevie…
Menora in deal with Black Cliff
An agreement has been worked out between Menora Resources (ME) and Black Cliff Mines (TSE) whereby the latter will sell its interests in the Squaw Creek and O’Donnel River placer gold properties to Me…
Victoria planning graphite production
Production at a graphite deposit near Portland in southeastern Ontario is scheduled to begin during the first half of this year, Victoria Graphite (COATS) reports. The company recently completed a dri…
Northern Miner celebrates 75 years in business
A 75th anniversary party for Northern Miner Press became almost as much a farewell party for Richard Pearce, whose family owned the company for 74 of those years, and retiring President Frank Bowles a…
Metal Prices FUTURES PRICES (February 05, 1990)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Feb 97.05 96.10 96.15 — 2.00 Mar 97.30 95.50 95.65 — 1.80 Apr 95.90 95.90 9…
Metal Prices PRODUCER PRICES (February 05, 1990)
ALUMINUM: MW U.S. Market US68.75- 70.50 cents per lb. (Jan. 18, 1990). ANTIMONY: New York dealer US81-84 cents per lb. (Nov. 30, 1989). BISMUTH: New York dealer US$4.40-4.50 per lb. (Dec. 14, 1989). …
Crown Jewel lives up to its name
The Crown Jewel deposit, formerly known as the Buckhorn Mountain property, is proving to be a jewel for owner Crown Resources (NASDAQ). Following a detailed study of all drilling results to date, inde…
IOCC GOLD OPTIONS (February 05, 1990)
Options Open SeriesVolumeLastInterest Feb. 410 C * 85513.001,743 Feb. 420 C * 966 6.603,015 Feb. 430 C .1,294 4.003,322 Feb. 450 C * 729 2.001,201 May 420 C * 63020.001,501 May 430 C * 55014.001,…