Articles by Northern Miner Staff

Books (May 08, 1989)

Canadian Mines: Perspective from 1988 — Production, Reserves, Development and Exploration. Mineral Bulletin MR 221. Prepayment $9(C); other countries $10.80(C) Canadian Government Publishing Centre, …


Kam-Kotia capable of paying loan

Toronto-based Kam-Kotia Mines (TSE) has enough cash on hand to pay off a $3.5 million bank loan it negotiated a year ago to help acquire a sodium sulphate business in Saskatchewan, President John Kach…


Metal Prices FUTURES PRICES (May 08, 1989)

N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) May135.00 131.10 131.25 — 7.05 Jul130.10 127.10 127.40 — 8.00 Sep126.50 123.50 1…


Noranda ups Butte stake

Noranda Inc. (TSE) has purchased a further 300,000 shares of Crown Butte Resources (VSE), raising its stake in Butte to 26.5%. The deal, an off-market transaction, was exercised under a share option a…


RFC to re-open former zinc mine

Following a trend established in the gold mining industry, base metal producers are beginning to look at re-activating old mines. Companies are taking a hard look at old zinc producers like the Pend O…


Rayrock Yellowknife looking good for `89

With a large and diversified exploration portfolio, a bulging treasury ($47.5 million cash), with production, revenues and profits all on an upswing, this should be an exciting year for Rayrock Yellow…


Earnings (May 08, 1989)

Conwest Exploration (TSE) reports net earnings of $7 million in the first quarter of 1989 or 54 cents per share. That’s up from the first quarter of 1988 when net earnings were $4.3 million, or 35 ce…


People (May 08, 1989)

RIO ALGOM — R. W. Ballmer appointed vice-chairman and chief executive officer; C. A. Macaulay, director.


Goldcorp offering

Gold fund Goldcorp Investments Ltd. reports more than 17.5 million A warrants were issued pursuant to its rights offering made to the holders of its A shares, common shares and existing A share warran…


Base metals boost American Pacific

The latest financial results from American Pacific Mining (VSE) show sales of $16 million(US) and profits of $6.5 million after tax for the final quarter of its fiscal year ended Feb 28, 1989. The com…


Royal Gold enters California venture

Denver-based Royal Gold (NASDAQ) has entered into a joint venture agreement with Standard Industrial Minerals of Sparks, Nev., for development of Standard’s Long Valley gold property in California. Th…


Books Geochemistry

A new book entitled Geochemical Detection of Volcanogenic Massive Sulphides in Humid-Temperate Terrain was published recently by J. S. Cummings. The text reflects more than 30 years experience in mine…


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