THE BIG NICKEL SEARCH
These are not exactly boom times in nickel exploration for Canada’s two major nickel producers It’s not like the late 1960s and early 1970s when Inco Ltd went searching for lateritic nickel deposits …
Articles by Northern Miner Staff
Letters Life-saving Radio
I think Patrick Whiteway has missed one of the key points about the real reason why HudBay (Hudson Bay Mining & Smelting) continues to turn the heads of more conservative mining groups His story about…
Editorial Panic button
From a speech by Canamax Resources President John Hansuld at the Ontario Ministry of Northern Development and Mines’ annual regional geoscience seminar in Thunder Bay Feb 7-8. It seems obvious to sa…
Cornelius Campbell
Cornelius J. Campbell, a well- known prospector in northern Quebec since the 1930s, died in Rouyn- Noranda Feb 12, at the age of 84. During his long career in the exploration industry, “Con” Campbell …
COATS Trading Features (February 27, 1989)
The total value of trades on COATS increased to more than $41 million last month, up from a low of $22 million during December. Asquith Resources was a busy trader this week with 79,000 shares changin…
FINANCING (February 27, 1989)
VANCOUVER Shiva Venturees Inc — min 360,000 offered @ 40 cents per sh. American Girl Res — 1,000,000 sold for gross $170,000. Castle Minerals Inc — 450,000 sold for gross $180,000. Sleeping Gold -…
Sphinx acquiring interest in Gordex
A $2.5-million debenture, convertible into common shares of Gordex Minerals (TSE) at 70 cents per share, has been acquired by Sphinx Mining (ME). The debenture will last five years and bear an intere…
St. Genevieve — Gold Vessel
St. Genevieve Resources (TSE) is effecting a normal course purchase to increase its interest in Gold Vessel Resources (ASE). St. Genevieve currently has a 22.5% interest in Gold Vessel; it intends to …
High grade zinc find
A high grade zinc discovery has been made by partners VSM Exploration (ME) and Serem- Quebec, the Quebec government mining agency. Located 40 km northeast of Quevillon, Que., the discovery was made on…
Bunker Hill reactivates mine
Bunker Hill Mining (VSE) has reactivated the old Bunker Hill mine near Kellogg, Idaho. By year-end production had reached 700 tons per day and the company hopes to achieve 1,500 tons by mid-year. “Des…
Toronto Stock Exchange Inflation fears boost golds during market
Traders faced another day of turbulent activity as the composite index lost another 28.2 pts to close at 3584.03 pts. Volume was 27.7 million shares. Unease as to the short- term direction of interest…
Vancouver Stock Exchange Investors wait for better gold price
Although gold prices appear to have rebounded slightly from last week’s lows, brokers here say the yellow metal will have to show a sustained performance over the $400(US) level for investors to regai…