Multinational begins Toodoggone work
Crews were recently mobilized to carry out work programs at two key mineral properties held by Multinational Resources (VSE). The company plans to carry out detailed mapping, prospecting, trenching an…
Articles by Northern Miner Staff
Magma makes deal for concentrates
A contract has been entered into by Magma Copper (AMEX) with Compania Minera de Cananea of Mexico City, Mex., for the purchase of about 154,000 tons copper concentrates during the first year of a mult…
Western Canadian Mining’s Sulphurets interest for sale
Another significant copper deposit in British Columbia is up for sale. Western Canadian Mining (VSE) has announced plans to sell its 74% interest in Sulphurets Gold Corp. (VSE), 100% owner of the Kerr…
Majors big spenders while juniors struggle to survive …Add
Top exploration spenders in 1989 0906,0006,0106 World- wide expl’n Companybudget ($ million(US) 1989) Noranda Group 168.0 includes Minnova/Kerr Addison 17.0 Hemlo Gold 24.0 RTZ Group 120.0 Cons…
Managing Canada’s Mines Computers are good tools but people make
Like so many of this country’s top mine operators, Giant Yellowknife’s manager of mining operations, Mike Lalonde, is a graduate of the respected Haileybury School of Mines. Later he went on to 0506,0…
News in Brief (July 24, 1989)
Calvada Resources (CVH:VSE) has changed its transfer agent to Central Guaranty Trust Corp.
Metal Prices FUTURES PRICES (July 24, 1989)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Jul 109.90 107.25 109.80 + 3.80 Sep 109.20 106.70 109.00 + 3.40 Dec 104.00 10…
Calpine’s drilling extends Eskay Creek along strike
Step-out drilling has extended the strike length of the 21 zone by almost 1,000 ft at the Eskay Creek project of Calpine Resources (VSE) in northern British Columbia. Consolidated Stikine Silver (VSE)…
Majors big spenders while juniors struggle to survive
Despite a dramatic slowdown in the junior mining sector, exploration spending by senior companies will be at record levels in Canada this year, says a report by the Halifax-based Metals Economics Grou…
Spot prices at a glance (July 24, 1989)
Week’s Price (US) Change Gold*$371.50–$ 8.00 Silver*$ 5.22–$ 0.03 Platinum*$499. 50–$ 9.00 Nickel**$ 5.62+$ 0.18 Lead**$ 0.32+$ 0.01 Copper$ 1.15+$ 0.03 Zinc$ 0.76+$ 0.01 Courtesy of Scotiaba…
Madeleine Mines in no rush to begin platinum mining
If management were to put on any kind of a drive to production, Madeleine Mines (TSE) could be turning out a palladium-platinum-nickel-copper concentrate by year end, The Northern Miner gathered on a …
VenturesTrident ups stake in Eastmaque
By way of several recent market purchases on the Toronto Stock Exchange, Denver- based VenturesTrident Limited Partnership has increased its stake in Eastmaque Gold Mines (TSE) to about 14.71% of East…