Mexico’s domestic silver sales falter
Perched proudly in the southwestern Sierra Madre mountains, the town of Taxco is an enduring example of the important role silver mining plays in Mexico’s economy. In fact, this colonial village of sp…
Articles by Northern Miner Staff
Kiena, Sigma approve merger with Placer
Shareholders of Kiena Gold Mines (TSE) and Sigma Mines (TSE) have approved merging with Placer Dome. Sigma shareholders voted 94% in favor while Kiena shareholders voted 89% in favor at annual and spe…
Magnacon returns best hole
Having found a financial backer in Edmonton-based Echo Bay Mines (TSE), Flanagan McAdam Resources (TSE) considers itself in good shape for what should be a pivotal year in the company’s history. Under…
Investment Comment Battle Mountain lacks gold reserves
Battle Mountain Gold (TSE), the subject of a report by Barclays de Zoete Wedd of London, is short on reserves in comparison to other companies of its size and even though the Houston, Tex.-based outfi…
Taywin high grade
High grade gold and silver values have been drilled by partners Taywin Resources (VSE) and BP Minerals on the Electrum property in B.C. Located on Vancouver Island, the property hosts narrow high-grad…
Claude discoveries
Two gold discoveries have been made by Claude Resources (TSE) on properties in Saskatchewan and in the Northwest Territories. On the Grassy project in Saskatchewan, Claude geologists re-examined a for…
Pierce Mtn gets option of Ferro bet
Pierce Mountain Resources (VSE) has acquired an option on the Ferro gold property near Snow Lake, Man. Based on a consultant’s report, the Ferro property hoses reserves of 73,000 tons grading 0.39 oz …
Echo Bay mill to handle 5,000 tons ore per day
Described by Chairman Robert Calman as a company “writing its history on the run,” Echo Bay Mines (TSE) is aiming to produce about 550,000 oz gold this year and more than 700,000 oz in 1989. The compa…
Faro mine shut down due to strike
About 300 employees at Curragh Resources’ Faro lead-zinc mine are off the job after voting in favor of a strike June 10. While about 150 administrative workers and engineers not connected with the uni…
Nugget effect could mean higher grades at McFinley
There seems to be little doubt that the third gold producer in the Red Lake, Ont., gold camp will be up and running in October. Located at Bateman Twp., about five miles north of the defunct Cochenour…
Mohave bids with Homestake for Nelson land position
Calgary-based Mohave Gold (ASE) recently poured the first 7-lb gold/silver dore bar from a tailings project at Eldorado Canyon mine in Nevada where the company is bidding against Homestake Mining for …
Metal Snips (June 20, 1988)
Copper wire rod production in the U.S. reached an estimated 1.6 million tonnes in 1987, the highest level so far during the current decade, says Copper Studies, the monthly periodical for the copper i…