Alberta Stock Exchange Baloil big trader
Despite concerns over a cooling North American economy, a number of Alberta issues made significant progress during trading this week. They include the Baloil Resources’ issue which distinguished itse…
Articles by Northern Miner Staff
Dominion tables new offer for Australia-based Whim
Directors of Australian gold producer Whim Creek Consolidated NL have recommended to shareholders that they accept a revised takeover offer by Dominion Mining. If the offer is approved, the two compan…
Falconbridge earnings take spotlight
Falconbridge Ltd. (TSE) Chairman Bill James was in an affable mood at his company’s recent annual meeting in Toronto. As usual, he appeared to relish the attention that comes with being in charge of t…
New Pascalis passive partner in gold project
With the Pascalis gold mine northeast of Val d’Or, Que., set to come into production in September of this year, New Pascalis Mines (ME) has become a passive partner in the venture. Operator of the pro…
Inco Gold gets approval
Inco Gold, a wholly-owned affiliate of Inco Ltd. (TSE) has received regulatory approval for a private placement in the shares of Valentine Gold Corp. (VSE). Valentine plans to issue up to 5.5 million …
Innovations PROGRESS IN VENTILATION
Mining companies are starting Mto consider the economic Mbenefits of controlling the recirculation of mine air to recover heat from it and from such heat-generators as air-compressors and mine water. …
Flow-Sheet THE THIOUREA OPTION
Cyanide, the king of poisons, is highly respected in its many industrial uses, chief of which is the extraction of gold and silver. However, concern has been growing over what bad effects this highly …
Toronto Stock Exchange Traders spooked by signs of economic
Growing signs that the supercharged economy is cresting, triggered more selling today as the composite index slipped another 6.97 pts. Canadian investors were also cautious today in anticipation of th…
Editorial On the winning side
If mining companies want to stay on the right side of environmental issues, they’re going to have to put a little more effort into it. The right side, of course, is the side that wins. And it seems …
Placer Dome to develop Granny Smith
A decision has been made by Placer Dome (TSE) to develop its Granny Smith project near Laverton, Western Australia. Placer Pacific, its 75.8%- owned Australian subsidiary, holds a 60% interest and wil…
Hanson Lake results
Trimin Resources (VSE), formerly Tri Gold Industries, says recent drilling on the Hanson Lake project in northern Saskatchewan continues to return significant grades of zinc and copper with associated…
Editor’s Note SALVATION
The cover story this month relates to seemingly unsalvageable mines that, after a touch of the right technical stuff, are back in the black. LynnGold’s MacLellan mine, Teck Corp.’s Newfoundland Zinc m…