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In the Yukon, the troubled Ketza River gold mine at Ross River is at the centre of a legal dispute between Canamax Resources (TSE) and Belmoral Mines (TSE). Canamax is suing Belmoral for breach of con…
Articles by Northern Miner Staff
Toronto Stock Exchange Rich copper find sparks buying of Aur,
There’s nothing quite like a hot drill hole to ignite a market stampede. This popular mining adage was reaffirmed this week by the mad rush to get a piece of Aur Resources and Louvem Mining — until j…
Hislop gold project encourages Stroud
Deep drilling by partners Stroud Resources (TSE) and Chevron Minerals on the former Gunnar Gold Mines property in Hislop Twp., Ont., has led to a new geological reserve estimate for the Creek zone. St…
Metal Prices FUTURES PRICES (June 19, 1989)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Jun 108.80 108.80 108.85 + 2.35 Jul 111.70 108.80 109.40 + 2.10 S…
Successful Exploration Requires Skill and Luck
From a speech by Donald W. Kohls, vice-president and chief consulting geologist of Gold Fields Mining Corp., to the American Mining Congress Mining Convention ’88 in Denver, Colo. Successful explorati…
CORRECTION (June 19, 1989)
In the Vancouver Stock Exchange market report of the June 5/89 issue of The Northern Miner it was erroneously reported that several officials of Can-Mac Exploration had been convicted of trading in se…
COATS MacDonald moves up
The shares of MacDonald Mines Exploration moved up 10 cents this week to close at 35 cents . The company is hoping to see production resume later this year at its West MacDonald zinc mine in Dufresnoy…
Letters to the Editor Mining Association’s environmental policy
The main editorial of your recent issue (June 5/89) entitled “Passing grades for environmental policy,” gave The Mining Association of Canada (MAC) a B for its new environmental policy. Although we wo…
Placer Dome options massive sulphide bet
Major mining company Placer Dome Inc. (TSE) has optioned a polymetallic massive sulphide prospect adjacent to tidewater near Juneau, Alaska. The Dream project is located within the same rock package a…
Alberta Stock Exchange Marshall moves on bid
A 10 cents increase in the value of Marshall Minerals shares indicates that a second bidder has entered into negotiations to take ore from Marshall’s Restigouche base metal property in New Brunswick. …
Radisson arranging mine financing
A credit facility worth up to $6 million has been negotiated by Radisson Mining Resources (ME) to bring the Duquesne gold project, 32 miles north of Rouyn- Noranda, Que., into production. The credit f…
Rio averts strike at tin mine
Mine workers at Rio Algom’s tin mine in Nova Scotia have voted 90% in favor of accepting a 2-year contract. The agreement, the first between mine management and the United Autoworkers of America, give…