Valdez Creek placer project going on hold
Operations at the Valdez Creek placer gold project in Alaska will be suspended temporarily in September and the project placed on a care and maintenance basis pending higher gold prices. The project, …
Articles by Northern Miner Staff
Maintenance AVOIDING CRISES
“History-and-analysis” is the term used for the recording and analytical study of interesting past events in a given maintenance program. It is an essential part of any effective maintenance operation…
Montreal Exchange Interest remains high
Trading activity was busy again this week in companies with interests in properties in the Val d’Or, Que., area near the recent Louvicourt Twp. copper-zinc discovery. The find by Aur Resources and Soc…
On western extensio New discovery at Mishibishu
A new gold discovery of much more than passing interest has just been made by the Hemlo Gold Mines (TSE) and Noranda Exploration team on a large optioned property at the western extremity of the 23-mi…
Hardrock and partners face financing hurdles
Affiliated companies Hardrock Extension (TSE), Geraldton Longlac Gold (COATS) and Ferau Resources (COATS) face a difficult task ahead as they try to raise funds for additional exploration work on thei…
High River-Sikaman conclude agreement
An agreement has been concluded between High River Gold Mines (TSE) and Sikaman Gold Resources (TSE) which will transfer the former’s interest in the gold- bearing arsenical residues at the company’s …
Toronto Stock Exchange Aur, Louvem big gainers as discovery gains
The talk of the town continues to be Aur Resources’ copper find in Louvicourt Twp. near Val d’Or Que. As more information comes to light on this discovery, investors are recognizing the significance o…
IOCC GOLD OPTIONS (June 26, 1989)
Options Open eries Volume Last Interest Aug 370 C * 218 9.00 743 Aug 380 C * 325 4.60 1,854 Aug 390 C * 274 2.50 1,742 Aug 400 C * 981 1.40 2,769 Nov 360 C * 125 22.00…
Belmoral, Wrightbar plan amalgamation
A letter of intent has been entered into between Wrightbar Mines (ME) and Belmoral Mines (TSE) whereby Wrightbar will be amalgamated with a wholly-owned Belmoral subsidiary. Gold-producer Belmoral own…
Minefinders raises exploration funds
Recently completing a $400,000 flow-through financing with CMP 1989 Resources Partnership and Co. Ltd. was Minefinders Corp. (VSE). The company says it will be issuing shares to CMP at an average pric…
Campbell River to crown”King Miner” July 1
Campbell River, B.C., will be the site of a mining competition on Saturday, July 1, during that community’s salmon festival. The contest, sponsored by Westmin Resources, is open to experienced miners …
New environmental controls for CCR
Two new facilities were opened officially at the CCR refinery of Noranda Minerals in the east end of Montreal recently. The copper refinery, founded in 1931 and undergoing a modernization program, has…