Fatal accident at Windy Craggy
An underground accident at the Windy Craggy exploration site in northwestern British Columbia has killed an employee of Main Street Mining, the Whitehorse-based mining contractor for Geddes Resources….
Articles by Northern Miner Staff
Mikado drill ing returns good values at Red Elephant
Surface drilling by Mikado Resources (VSE) on the Red Elephant gold property, 60 miles southeast of Revelstoke, B.C., has returned a number of impressive assay results. The Red Elephant property is ow…
Windarra encouraged by LaRonge gold bet
A summer drill program on the Preview Lake property in Saskatchewan’s LaRonge gold belt continues to test the Bakos zone structure, reports joint venture partner Windarra Minerals (VSE). Windarra hold…
Goldquest rises on speculation
Shares of Toronto-based Goldquest Exploration (TSE) took another mysterious turn upward recently, but the company still hasn’t released any results from a major drilling program under way on its Red L…
Calpine to spend $2.3 million on GNC
The GNC property located immediately adjacent to the Eskay Creek property in northwestern British Columbia is to be the subject of a $2.3-million work program by Calpine Resources (VSE). Calpine is co…
Metal Prices PRODUCER PRICES (September 18, 1989)
ALUMINUM: MW U.S. Market US79.25 cents – 81.25 cents per lb. (Sept 7, 1989). ANTIMONY: New York dealer US90 cents -95 cents per lb. (Aug 10, 1989). BISMUTH: New York dealer $4.65-$4.80(US) per lb. (A…
Ontario approves exploration grants
Two exploration assistance programs received royal assent on July 13. The Ontario Mineral Incentive Program will provide grants, up to 30% o f eligible expenses or an annual maximum of $150,000, to i…
TSE’s bid-and-ask quote seems wrong
This letter calls to your attention a recurring error which I consider is adversely affecting the management of a part of my investment portfolio. I own 11,000 shares of Discovery West Corp., and on A…
Montreal Exchange Montreal Exchange: Market indices off
The indices headed downwards this week but the trading remained steady, with daily volumes ranging between 5.8 million and 8.7 million shares. The market portfolio slipped more than 33 pts and the min…
Placer Dome to buy Kerr copper-gold deposit
Ownership of the Kerr copper-gold porphyry deposit discovered last year in the remote Sulphurets camp north of Stewart, B.C., is about to pass into the hands of a major mining company. Western Canadia…
Copper boosts Cyprus earnings
Led by continued strength in copper, molybdenum and lithium markets, 1989 second-quarter earnings for Cyprus Minerals (NYSE) reached $61.7 million(US) or $1.48 per share on revenues of $453.5 million….
Sindor active
The average daily value traded on COATS rose sharply last month to more than $5 million, up from a low of $721,256 reached in May this year. The share price of Atlantic Goldfields moved ahead 28 cents…