Articles by Northern Miner Staff

Underground drifting on the 400-ft level at the Chester Twp. gold project in northern Ontario has confirmed the strong downward continuity of the No 3 vein system, Murgold Resources (TSE) President Ch…

A stodgy market has combined with uncertainty over the future of government tax incentives to take some of the steam out of an exploration boom which permeated the Canadian wilderness between 1983 and…

First half 1988 earnings before other income of $76.3 million are reported by Placer Dome (TSE). The figure is 62% higher than in the same period last year, when earnings before other income were $47….

London Metal Exchange Spot closing prices in Pound Sterling per tonne Date Aug.2 Aug. 1 July 29 July 28 July 27 Copper 1219-1221 1214-1216 1251-1253 1224-1226 1231-1233 Lead 346-3…

Ontario’s first base metal mine to open in eight years, the Winston Lake zinc mine 23 km northwest of here, was hailed as a boon for communities along the north shore of Lake Superior during opening c…

Magma Copper reports net income of $11.7 million(US) or $0.31 per common share on revenue of $136.2 million during the second quarter of 1988 compared with $7.5 million, which contained a pension sett…

Utah-based Gold Standard Inc. which is challenging American Barrick Resources’ (TSE) right to own the Mercur gold mine has announced a $2.25-million financing agreement with FCMI Financial Corp. of To…

Here’s a curious piece of information. U.S. mining men, it seems, are more fired up about technology transfer than are Canadian miners. Six months ago two international mining journals, published in…

In the market for new feed for its Alberta nickel refinery is Sherritt Gordon (TSE). The company’s nickel concentrate purchase contract with Inco Ltd. (TSE) is set to expire at the end of 1989 and Inc…

Shareholders of McNellen Resources (VSE) recently gave the go- ahead to a transaction in which Echo Bay Mines (TSE) will acquire two million McNellen shares at $2.50 per share. Under the agreement, du…

Coeur D’Alene reports net income of $3.6 million(US) on revenue of $17.7 million during the second quarter of 1988 compared with $2.5 million on revenue of $9.9 million for the same period in 1987. Ne…

Thomas J. McQuillan, one of British Columbia’s best known prospectors , died at White Rock, B.C. recently after a lengthy illness. He was 70. McQuillan was born in Nanaimo and, as a young man, worked …