Delaware falls to Colossus
It almost seemed too easy and there wasn’t even a White Knight around to come to the rescue. Delaware Resource Corp. (VSE) has, as expected, fallen prey to Prime Capital affiliate, Colossus Resources …
Articles by Northern Miner Staff
Letters to the Editor Corrects Siscoe story
I read with great interest W. Babe Woollett’s April 11 “Odds ‘n’ Sods” article in The Northern Miner on the demise of Joe Siscoe. I knew Joe Siscoe and he was not a prospector. His brother, the late S…
Homestake wins battle for North Amer. Metals
The takeover battle for North American Metals appears to be over with U.S. gold producer Homestake Mining emerging as the victor. By midnight April 15, shareholders had tendered approximately 5.4 mill…
Tusk acquires LaRonge option
Calgary-based Tusk Minerals (ASE) has acquired an option to earn a 50% interest in a former producer called the Anglo-Rouyn and adjacent ground, the company said recently. Located about 35 km northeas…
Inco has a record quarter, but best is yet to come
Profit earned by Inco Ltd. (TSE) for the first quarter of this year is the largest such profit in the company’s history. Bolstered by the strongest nickel prices in the history of the industry, the co…
Metal Prices PRODUCER PRICES (April 25, 1988)
ALUMINUM: MW U.S. Market $1.11-$1.21 per lb. (Apr 7, 1988). ANTIMONY: New York dealer $1.09-$1.15 per lb. (Feb 25, 1988). BISMUTH: New York dealer $5.70-$5.85 per lb. (Mar 24, 1988). CADMIUM: New York…
Amir, Glamis drill California gold bet
A 10,000-ft drill program completed by Glamis Gold (VSE) and Amir Mines (VSE) on lands they are joint venturing in Imperial Cty., Calif., has resulted in discovery of a new gold deposit, Amir Presiden…
La Sarre sued
La Sarre Mining Exploration (ME) of Rouyn-Noranda, Que., reports it is being sued by a private landlord for $305,806 for alleged damage to trees during an exploration program on La Sarre property in n…
N.W.T. gold production could leap to 580,000 oz
Two years from now, gold production from the Northwest Territories could be 50% higher than the 379,706 oz poured in 1987. The sudden increase hinges on plans by Neptune Resources Corp. (TSE) to build…
Onitap, Orex deal
A formal agreement has been completed between Onitap Resources (TSE) and Exploration Orex (ME) which gives Orex the right to earn a 50% interest in Onitap’s Goldboro property in Nova Scotia. Orex can …
Lac pursuing out-of-court settlement
While Lac Minerals (TSE) and International Corona Resources (TSE) have been fighting in court over ownership of the Williams gold mine in northern Ontario, the two sides have also been talking to each…
Huldra outlines high grade silver deposit near Hope
A high grade silver deposit is being delineated by Huldra Silver (VSE) at its Treasure Mountain property 55 miles north of Hope, B.C. Exploration to date indicates 118,000 tonnes of 32.03 oz silver, 8…