Editorial Gold hoard mocks poverty
It’s ironic that India, where literally millions of people live in conditions of abject poverty, has what is believed to be one of the largest gold hoards in the world. India itself actually produce…
Articles by Northern Miner Staff
Nuspar expectations high for even junior company
Junior mining companies sometimes have high expectations and Vancouver-based Nuspar Resources is certainly no exception. The company says it has signed an agreement with “a major international gold bu…
Sun River drilling Arizona prospect
A 10,000-ft drilling program is under way at Sun River Gold’s United Western Mine property near Oatman, Ariz. The drilling is designed to increase current reserves of 225,662 tons grading 0.263 oz gol…
Flow-Through Committee garners support in Vancouver
The Canadian Save Flow-Through Committee rolled into town last week to garner public support for the retention of flow-through financing. Turnout at the symposium was light and probably reflected the …
Autumn testing date set for Goldex bulk sample
A bulk sample of 45,000 tons of stockpiled development muck from the Dubuisson Twp. gold property in northwestern Quebec will be tested this fall by Goldex Mines of Toronto. President Paul Penna told …
Seadrift drill results
Drilling by Seadrift International Exploration continues to intersect sulphide mineralization in the No 8 deposit. The project, known as the Aldermac, is located near Noranda, Que. Hole 5 intersected …
News in Brief (April 04, 1988)
Runaway Resources has changed its name to Revere Resources Ltd. (rvl:vse) on a share-for-share basis.
Correction (April 04, 1988)
Proven and probable oxide ore reserves at Brohm Resources’ Gilt Edge gold property in South Dakota are 6.7 million tons of 0.04 oz gold per ton, not 0.4 oz as stated in The Northern Miner, March 28. S…
Kiena, Sigma unite into Placer’s Quebec branch
It’s taken almost a year to put in place, but Placer Dome subsidiaries Kiena Gold Mines, and Sigma Mines (Quebec) are to be amalgamated to form a major Quebec mining division of the parent company. Pl…
$200m. uranium mine planned
Negotiations are in progress to form an international consortium charged with the task of building a $200-million uranium mine in Canada’s Arctic. Headed by Urangesellschaft Canada Ltd., (UG), an affi…
Obituary Huntly W.F. McKay
A former vice-president of the Toronto Stock Exchange (TSE), Huntly W. F. McKay, died recently. Born at Hemmingford, Que., McKay, 64, joined the TSE in 1963. He was vice-president markets and market d…
Granges applies mining knowledge
The transition from exploration to mining is a difficult one for any company and Granges Exploration is no exception. But it might have been a lot worse had Granges not had a 19.8% interest in the Tro…