Placer to spend $1.1 million on Curator bet
In a show of confidence in the Jualin gold property owned by International Curator Resources (VSE), Placer Dome (TSE) has budgeted a further $1.1 million for exploration this year. Placer has spent ab…
Articles by Northern Miner Staff
Stainless steel a real nickel success
Helping to prop up the price of nickel in 1988 and 1989 was the global demand for stainless steel, a material whose origins can be traced back more than 75 years. Nickel-containing stainless was repor…
News in Brief (February 12, 1990)
Regional Resources (TSE) has changed its transfer agent to Montreal Trust Co.
Normetal contract
Normetal Mining Exploration (ME) has signed a milling and smelting contract with Noranda (TSE) for the refining of 70,000 tons of zinc-silver ore, and the purchase of zinc and silver concentrates, by …
Franco-Nevada buys Interlake’s Hemlo property
Toronto-based Franco- Nevada Mining (TSE) has acquired what it considers to be a promising long-term prospect to supplement its royalty interest in American Barrick Resources’ (TSE) Goldstrike gold mi…
Goldteck takes Bellview to feasibility
At a recent meeting, directors of Goldteck Mines unanimously approved a decision to advance to feasibility the Bellview gold project in White Pine Cty., Nev. A feasibility study, financed 100% by Gold…
Air of confidence evident at Thunder Bay conference
Recent increases in the price of gold helped to create a mood of optimism at this year’s annual Northwestern Ontario Mines and Minerals symposium held in Thunder Bay recently. The symposium’s theme wa…
Editorial Good pay in mining
Productivity improvements in the mining industry over the past decade has proven to be a mixed blessing for its workers. According to a report from Statistics Canada, mine workers were among the highe…
People (February 05, 1990)
BOND INTERNATIONAL GOLD — Hector Figueroa appointed vice- president of finance; George Young, general counsel and secretary, Holly Thomas, director of investor relations.
Correction (February 05, 1990)
Reference (T.N.M., Jan. 22/90) to an exploration project in Grevet Twp. near Matagami, Que., by VSM Exploration (ME) and Serem Quebec included an incorrect tonnage figure. Current reserves stand at 6….
Stroud to double stake in Hislop Twp. gold bet
Toronto-based Stroud Resources (TSE) is set to double its stake in a Hislop Twp. gold project near Timmins, Ont., by acquiring the 50% interest held by its former partner Chevron Minerals, a unit of C…
Minnesota lowers tax rate for mines
Mining taxes in Minnesota have been lowered by legislators in an attempt to stimulate mineral exploration. Although the state has no base or precious metal mine production, a high tax rate — one of t…