Coral Gold extends Robertson mine holdings
Vancouver’s Coral Gold (TSE) has added a further 3,000 acres of mineral claims to its Robertson gold mine holdings in Nevada. Coral now holds 11,000 acres at Robertson, an open pit, heap leach gold mi…
Articles by Northern Miner Staff
Placer drills Oneida bet
Placer Dome Inc. (TSE) has assumed management of the Mexican Hat project in Arizona from Oneida Resources (VSE). Placer has an option on the property giving it the right to earn a 60% interest by maki…
Thompson, Quebec Cobalt to form single company
Shareholders of Consolidated Thompson-Lundmark Gold Mines (TSE) and Quebec Cobalt and Exploration (ME) recently approved an amalgamation of the two companies. The two juniors are related in that they …
Midas acquisition provides cash flow
Midas Minerals (TSE) has acquired what few junior mining companies have — cash flow. The company, via a subsidiary company McKendry Quarries Ltd., has purchased the business and assets of limestone p…
Prospectors welcome court ruling
A Supreme Court of Ontario ruling on claims staking is being interpreted as favorable news for prospectors. Two claims in northwestern Ontario staked by Ray Ramsay in 1986 were cancelled a year later …
Skyline Gold goes it alone with $2 million program
Financially embattled Skyline Gold Corp. (TSE), which owns and operates the Johnny Mountain gold mine in the Iskut River region of British Columbia, has terminated discussions aimed at finding a purch…
EMR announces grants
The federal Ministry of Energy, Mines and Resources has announced $1.39-million worth of research grants for 1989-90 to 38 universities and provincial institutes. Mining and minerals research will rec…
Metall to buy seven mines from West German parent
Toronto-based Metall Mining (TSE), which recently acquired a large copper mine, smelter and refinery in Michigan for $83 million, is planning to add interests in an additional seven mines this year to…
St. George farms out U.S. properties
Through its U.S. subsidiary, St. George Minerals (VSE) has signed two letter-of- intent agreements for the exploration and development of its mining claims in the Battle Mountain district of Nevada. T…
Gold funds as of June 6
MPV BGR Central Capital Net value 11.25 % $ 6.01% $0.57 Price $ 9.625% $ 5.38% $0.41 Discount $ 15.94% 10.6% 28% Value …
Letters to the Editor Only neophytes squak about the VSE
I am very dismayed at the amount of mud being slung at the Vancouver Stock Exchange, not only by Diane Francis and other erstwhile Canadians, but now also by Forbes and Barrons in the U.S. Let it neve…
Shaft sinking completed on Tundra project
Shaft sinking has been completed by partners Noranda Inc. (TSE), Hemlo Gold Mines (TSE) and Total Energold Corp. (TSE) on their Tundra gold project, 130 miles northeast of Yellowknife, N.W.T. Part of …