Articles by Northern Miner Staff

The American subsidiary of Placer Dome Inc. (TSE) has acquired an option on Oneida Resources’ (VSE) Mexican Hat gold property in Arizona. Placer has the right to earn a 60% interest by buying 400,000 …

The Donalda gold project near Rouyn-Noranda, Que., is to undergo a feasibility study this year following completion in August of an underground exploration program, including a mill test on a 28,000-t…

Promises. They’re easy to make, and in the case of politicians, difficult to keep. The Tory budget tabled by Finance Minister Michael Wilson in parliament last week was supposed to be a model of stric…

Price Week’s ($US) Change($) Gold* 376.50 — 7.90 Silver* 5.64 — 0.14 Platinum* 534.50 +13.50 Nickel** 6.54 — 0.22 Lead** 0.29 + 0.01 Copper 1….

Agreement has been reached between Giant Yellowknife Mines (TSE) and Falconbridge Gold (TSE) whereby the former has obtained the right to mine, subject to tonnage royalty, known gold reserves on the l…

Clerical and technical workers at Falconbridge Ltd.’s (TSE) Sudbury, Ont., operations recently voted in favor of a new 3-year contract which a union representative says is among the most generous ever…

Assorted mineral projects in three countries are keeping Toronto-based Platinova Resources (TSE) busy. In Greenland, the junior is active in three plays, one involving gold- platinum, a second involvi…

The continued strength of copper prices into 1989 has Gibraltar Mines (TSE) tallying up the highest quarterly earnings in eight years from its mining operations near Williams Lake, B.C. The Placer Dom…

Wounded by the failure to deliver on promises made at its Summitville gold mine in Colorado, Galactic Resources (TSE) and its ebullient chairman, Robert Friedland, have faced the brunt of investor dis…

It was quiet on the COATS mar- ket this week with most mining issues either unchanged or slightly lower. Exxeter Resources was the volume leader with trading in the 43 cents -48 cents range, down mar…

Mining companies need to almost double the money they now spend on research and development, says Henry Brehaut, senior vice-president operations at Placer Dome. Speaking at the opening session of the…

Cominco Resources International (TSE), the 58.6%-owned subsidiary of Cominco Ltd. (TSE), “will be as much a base metals company as a precious metals one,” President George Tikkanen told the annual mee…