Placer `monitoring’ Newmont situation
Placer Dome (TSE) Chairman Fraser Fell has refused to comment on recent reports that his company is interested in acquiring Consolidated Gold Fields’ 49% stake in Newmont Mining Corp. of New York, N.Y…
Articles by Northern Miner Staff
Environmental shortcomings temporarily close Hope Brook mill
Milling operations at the Chetwynd gold mine operated by Hope Brook Gold (TSE) have been temporarily suspended. Situated near the southern coast of Newfoundland, the mine entered commercial production…
Aussie platinum prospect
A platinum mine in Australia — the nation’s first — is a possibility this year. Reynolds Metals is undertaking a drilling program on the Yarawindah Brook property north of Perth and is hopeful of co…
City turns to Barrack for help with Cinola
As gold projects go, the Cinola deposit on Graham Island in the Queen Charlotte Islands of British Columbia is clearly the largest being developed for production in the province. Owned 100% by City Re…
Initial drill results from Equinox’s J&L project
Assays were released from the first eight holes of a 10,000-ft drill program continuing on the J&L project located near Revelstoke, B.C. Equinox Resources (TSE) holds an option to a 50% direct interes…
Troymin drilling La Ronge claims
A 2,000-m diamond drilling program is currently under way on the La Ronge area gold properties of Alberta-based junior Troymin Resources (ASE). On the Berven Lake property (CBS 7423), where Cameco is …
Drill programs planned for NWT bets
Large scale drill programs are being planned by Continental Pacific Resources (VSE) to test two targets in the Northwest Territories for their large tonnage, polymetallic and precious metal potential….
Biron Bay deal
Biron Bay Resources (ASE) has entered into an agreement with NovaGold Resources (TSE) which will give the company the right to acquire an interest in NovaGold’s Summit gold property in New Mexico. The…
Intex, Gowest drill gold zone
Drilling by New Texmont Explorations (ASE) on a property held by Gowest Amalgamated Resources (ASE) has encountered the down dip extension of the gold bearing Frankfield zone. Located in Tully Twp., n…
Alberta Stock Exchange (February 13, 1989)
An exploration project at Bitech Energy Resources’ Nugget Pond property in Newfoundland continues to intrigue investors. Large volumes of the Bitech issue have been changing hands while the company re…
Drilling resumes at Mishi Lake gold project
Diamond drilling has resumed on the Mishi joint venture property owned by partners MacMillan Gold Corp (VSE) and Granges Exploration (TSE). The 22,500-acre gold property is located in the Mishibishu L…
Gold funds as of Jan. 31
BGR Goldcorp Central MVP Capital Net value $12.06 8.93 6.79 0.85 Price$ 9.375 6.125 5.875 0.69 Discount 22.26% 31.4 13.5 18.8 Value …