Uranium symposium (February 13, 1989)
The Uranium Institute’s 14th annual symposium will be held in London, England, on Sept 6-8. Papers on a relevant area of experience and attendance at the symposium may be included. For more informatio…
Articles by Northern Miner Staff
Ican probes beneath Racey gold property
The first results from a winter drill program at Ican Minerals’ (TSE) Racey gold property in Oregon have just been released. After completing 30 holes before Christmas, Ican has two drill rigs on site…
Share prices of Dickenson, Kam-Kotia up sharply after Corona
Prices for the B shares of Dickenson Mines (TSE) and the common shares of Kam-Kotia Mines (TSE) jumped sharply following the announcement of a proposed takeover bid by Corona Corp. (TSE). At the close…
Magnacon project on schedule
Mine development at the Mag- nacon project in the Mishibishu area is proceeding on schedule, partners Muscocho Explorations (TSE), Windarra Minerals (TSE) and Flanagan McAdam Resources (TSE) say. Loca…
Westmont gold mine stepping stone for increased production in
Until the Ridgeway mine came on stream (N.M., Feb 6/88) Westmont Mining’s heap leach operation near here was the largest gold mine in South Carolina, a state that is fast becoming recognized for its g…
Wrightbar’s plans for Bourlamaque placed on hold until better
Development plans for Wrightbar Mines’ (ME) Bourlamaque gold property near Val d’Or, Que., have been put on hold. President W. J. Cluff said the project operator, Belmoral Mines (TSE), has been asked …
Noranda venture arm buying shares in firm
The venture capital arm of Noranda Inc. (TSE), Noranda Enterprise, reports it intends to increase its holdings in Diabrasive International of Montreal by purchasing up to 200,000 common shares (a 2.1%…
Spot prices at a glance (February 13, 1989)
Week’s Price (US) Change Gold (per oz) $390.40 –$ 1.60 Silver (per oz) $ 5.88 +$ 0.06 Platinum (per oz) $529.25 +$10.00 Copper (per lb) $ 1.41 –$ 0.09 …
TVX sells to Placer Dome 50% stake in La Coipa bet
The sale of Consolidated TVX Mining’s 50% interest in a large Chilean gold/silver project to Placer Dome (TSE) was completed recently. Placer Dome has agreed to pay $63 million cash and assume respons…
FINANCING (February 13, 1989)
VANCOUVER Quantum Res Corp. — gross proceeds rec $180,000. Safari Int’l Res — gross proceeds rec $140,000. Benton Res Ltd — 600,000 sold for gross $750,000. Davic Enterprises Inc — 450,000 sold fo…
Hislop bet contract let by Goldpost Res.
A contract has been let to complete a 10,000-ft underground drill program at Goldpost Resources’ (TSE) Hislop East property near Ramore in northern Ontario. The Hislop East property is straddled by th…
Armistice pulls exciting section
Another encouraging intersection has been encountered by Armistice Resources (ME), which is involved in a deep drilling program on property at Virginiatown in northern Ontario adjacent to the western …