Articles by Northern Miner Staff

New consulting firm

Several professional mining engineers and geologists, formerly employees of Robertson & Associates, have established a consulting firm under the name Micon International Limited. The group, in recent …


Minnova boosts Laramide interest

Recently becoming a major shareholder of Laramide Resources (VSE) was Minnova Inc. (TSE) The precious and base metal producer bought 2.5 million shares of Laramide in a private placement at 90 per sh…


Editorial A threat to sovereignty

The greatest threat to Canadian sovereignty today is not free trade but a growing public debt that is running out of control. In recent years, the economy has been humming along nicely. But beneath th…


Financing (November 14, 1988)

Ontario Roxmark Mines — up to 4,000,000 offered @ 20 per sh to net $800,000. Amanda — opt exerc on 150,000 @ 45 per sh. Agio — 600,000 shs offered @ $2.48 per unit. Athabaska Gold — 500,000 shs …



INSIDER TRADES (November 14, 1988)

Bitech — J. Wade bought 25,000 (Oct, private) to hold 1,100,416. First Can Gold — J. Hahn sold 1,000,000 (Sept) to hold 41,413. Flagship — Moss Res sold 300,000 (Sept, private) to hold nil. Franco-…


Editorial Tomorrow’s leaders

Thomas Meyer wants someday to be a mine manager and Craig Bournes wants to study rock mechanics. The two second- year students at the University of Toronto will likely attain those goals and the minin…


Cream-colored cans clue to mysterious diamond rush

Maxim Pellack’s doubters may have been legion, but that didn’t dissuade him from his belief that Prince Albert, 150 km north of here, and better known for its wheat fields, was in fact diamond country…


Magma Copper third quarter earnings

Magma Copper reports a third quarter 1988 net income of $12.3 million (U.S.), or 32 per common share. This compares to a net loss of $5.1 million for the third quarter of 1987. Total revenue for the …


Spot prices at a glance (November 14, 1988)

Week’s Price (US) Change Gold (per oz) $419.50 + $ 7.00 Silver (per oz) $ 6.41 + $ 0.06 Platinum (per oz)$582.00 + $ 9.00 Copper (per lb) $ 1.51 — $ 0.02 Lead (pe…


Newmont Gold has record production

A $420 million(US) expansion program at its Carlin, Nev., operations is paying off for Newmont Mining’s 90% owned subsidiary Newmont Gold. Net income for the first nine months of 1988 increased to $7…


Shareholders infuriated over Pomac amalgamation

Two weeks after being grilled by several holders of Acadia Mineral Ventures (TSE) stock at that company’s annual meeting (N.M., Oct 24/88), President Donald Smith was back in the hot seat — this time…


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