MinVen completes S. Dakota acquisition
MinVen Gold Corp. (TSE) recently completed the acquisition of a one-third joint venture interest in the Golden Reward project located in South Dakota. The Golden Reward, a heap leach gold project curr…
Articles by Northern Miner Staff
Metal Prices FREE MARKET London Metal Exchange (January 23, 1989)
Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Jan 17 Jan 16 Jan 13 Jan 12 Jan 11 Copper 1950-1955 1948-1949 1869-1870 18…
Conwest, Falconbridge team up on Sudbury bet
An 18,000-ft drill program is the first plan of action by Falconbridge Ltd. (TSE) and Conwest Exploration (TSE) in their joint effort to chase high grade nickel near Sudbury, Ont. The drilling is part…
Survey results
The New Brunswick Department of Natural Resources & Energy has released the results of a till geochemistry survey conducted over the central part of the Miramichi Zone in the northern part of the prov…
Ontex completes financing, continues suit against Metalore
Ontex Resources (ASE) has completed a $603,000 private placement financing representing the issuance of 900,000 common shares at 67 cents per share. The proceeds from the financing will be used for ge…
Bridger plans gold production in Chile
By June of 1989, Bridger Resources (VSE) and its new joint venture partner expect to have completed construction of a 110-ton-per-day mill on the La Pepa gold property in Chile, to be followed by the …
Quartz denies decision
Despite several reports to the contrary published in Oregon newspapers, partners Galactic Resources Ltd. (TSE) and Quartz Mountain Gold Corp. (TSE) say a production decision has not been made for the …
Force majeure lifted by Magma Copper
Recently lifting its force majeure, which was announced in December, was Magma Copper (Amex). The declaration was made under the company’s toll smelting and refining contracts, and refined copper sal…
Alberta Stock Exchange Durga bucks trend
If 1988 was a nightmare year for Canadian brokers, they could hardly have gleaned much comfort from what they saw on the Alberta Exchange this week. In keeping with the general lack of interest in spe…
Montreal Exchange Positive trading days
Continuing its winning ways this past week, the stock market recorded healthy gains in both its market portfolio and mining and minerals indices, on daily trading volumes ranging between 4.9 million a…
Drilling extends zone at graphite deposit of Stewart Lake
Drilling on the Kirkham graphite deposit in eastern Ontario of Stewart Lake Resources (TSE) has extended the strike length of zone 2 x 700 ft to the south. President Richard Scratch said two drills ar…
Goldteck tailings deal
Goldteck Mines (TSE) has completed an option agreement with Matachewan Consolidated Mines (COATS) which pertains to the tailings at Matachewan’s former producing gold mine near Matachewan, Ont. From 1…