50 Years Ago FEBRUARY, 1939 MAGNET BUILDS MILL
An immediate start will be made on the erection of a 100-ton mill at the Little Long Lac property of Mag- net Consolidated Mines, The Northern Miner is authorized to announce. The mill is to be in ope…
An immediate start will be made on the erection of a 100-ton mill at the Little Long Lac property of Mag- net Consolidated Mines, The Northern Miner is authorized to announce. The mill is to be in ope…
Assistant Editor Thom Loree wants it publicly known that his hastily Aarranged departure from Nanisivik had nothing whatever to do with the cold and the howling wind. Loree had been there visiting the…
Roads do indeed lead to resources. The lead/zinc mine in the Pelly River region of central Yukon illustrates this point beautifully. Were it not for the all-weather road there, the 58-million-tonne Fa…
Nanisivik is accessible by ice-strengthened ships from August through mid-October. Shiploads of supplies from Montreal arrive each summer to replace dwindling inventories. An ice-breaking bulk cargo s…
Isolated “fly-in” mines are not the big contributors to the wealth of the north that conventional wisdom assumes. In fact, according to two researchers at Memorial University in Newfoundland, employme…
The Nanisivik zinc-lead deposit, on the northern end of Baffin Island, consists of massive sulphides within dolomite of the Society Cliffs Formation of Helikian age. Pyrite is the main mineral, but in…
A new leaner Chelsea Resources (VSE) is planning to increase production this year at the troubled Spotted Horse gold mine near Lewistown, Mont. After gaining control of the company, Chairman Fernando …
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Jan160.00 155.70 155.70 — 3.00 Mar151.90 147.70 148.05 — 0.75 May139.30 137.00 13…
For Falconbridge Ltd. (TSE) and its inimitable chairman, Bill James, 1988 was one of those years when the gods appeared to be smiling. Riding on record high copper and nickel prices the Toronto base m…
Results from an ongoing drilling program on the Laurani gold-silver property 130 km south of La Paz, Bolivia has United Mining Corp. (OTC) and its 50/50 joint venture partner considering an undergroun…
The federal government and the government of Quebec have teamed up to provide a grant of $1.97 million to Audrey Resources (TSE), which is building a mill at its Mobrun project north of Rouyn- Noranda…
For 9-month period ended Sept 30, 1988. In millions of dollars, except per-share figures. 1988 1987 Assets $5,699 $8,258.6 Long-term debt $2,167.0 $1,706.0 Revenue $6,578.0 $7,366.2 Ear…
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