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…
Articles by Northern Miner Staff
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…
Seabright sinking
Operations at the Beaver Dam and Forest Hill gold mines, purchased by Western Mining Corp. late last year, are well below original expectations. Located in Nova Scotia, the properties were developed b…
Grab Samples (June 20, 1988)
Senior management at Lac Minerals is remarkably youthful — the average age of those holding the seven top management positions early this year was 49 — but that hasn’t prevented a couple of key pers…
Grab Samples Column
Unconfirmed street talk is that the claims protecting Hemlo Gold’s Golden Giant mine at Hemlo, Ont., are being restaked by a junior mining company. At presstime, the Thunder Bay, Ont., mining recorder…
Tandem sees another busy year
With a number of ongoing projects, Tandem Resources (ME) will be quite active in exploration again this year, President Stanley G. Hawkins told shareholders attending the company’s annual meeting, exp…
Letters to the Editor Franc Joubin had it straight
Apropos my recent Odds ‘n’ Sods memoir anecdote (N.M., May 30/88), about “Black Angus,” my critic Eric Ascroft (letter, Northern Miner issue of June 13/88) has reason for his confusion, exceeded only …
COATS Trading Features (June 20, 1988)
Transgold came back to life this week, trading more than 150,000 shares to close at 90}. Just two weeks ago, the issue was quiet at 55}. The company’s main asset is a major land position in the Wawa- …
Rio appointments beef up mining wing
Toronto-based Rio Algom (TSE) is beefing up its mining wing with a couple of appointments in the company’s executive suite. President Ray Ballmer will become the company’s new vice- chairman Aug 1, wh…
INSIDER TRADES (June 20, 1988)
Amer Ore — G. Oughtred bought 75,000 to hold 205,000. Gldn Briar — Flag Res (1985) bought 16,000 to hold 869,266. Gldn Shadow — E. Rosenberg bought 147,500, sold 175,000 to hold 128,285. Imperial M…