Vista exploration
A drill program is scheduled to begin in mid-February on the Uskik Lake property held by Vista Mines (TSE). The work will test several geophysical targets defined by the company last year. The propert…
Articles by Northern Miner Staff
Editorial The doors are open
January 1, 1989, holds no magic for Canadian companies that sell their goods or services south of the border. The free trade agreement between Canada and the United States officially went into effect …
Vedron searching for new targets
Current underground work at the Vedron gold project in Timmins, Ont., is geared to define additional targets for reserves which are immediately accessible to the ramp workings, Vedron Ltd. (TSE) repor…
Metal Prices FUTURES PRICES (January 09, 1988)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US per lb.) Jan 154.50 152.00 151.70 + 0.70 Feb 146.10 146.10 …
Drilling continues on Asquith’s Matona mine gold property
The first 12 holes of an 8,000-ft diamond drilling program have been completed on Asquith Resources (COATS) Matona mine property in Tyrrell Twp., 20 miles west of Gowganda, Ont. The program, currently…
HudBay tackles challenges at Namew Lake nickel mine
The country’s newest nickel mine will produce 12.5 million lb of nickel this year compared with the 15 million lb originally planned. The reason is a delay in reaching full capacity, now set for some …
Commodities — the last 100 years and the ’80s
The futures market in metals began about a century ago because Chilean copper took about three months to get to England in the ships of those days. Traders needed to know the price they could deal at …
Willans mystery on television
Followers of the Dan Willans saga may be interested in a television program, Unsolved Mysteries, which will devote part of its Jan 11 show to the mining man and his mysterious disappearance in 1936. A…
Gold Texas seeks court injunction
An injunction is being sought by Gold Texas Resources (VSE) against Malartic Hygrade Gold Mines (VSE) which, if approved, would prevent the latter from voting its shareholding at any Gold Texas shareh…
Northgate boosts Geddes shareholding
A private placement of one million flow-through shares at $1.50 per share has been arranged by Geddes Resources (TSE) with Northgate Exploration (TSE). The placement is subject to regulatory approval….
Investment Comment Cambior keeps on growing
Cambior Inc. (TSE) dramatically entered the ranks of Canadian gold producers with the largest-ever initial public offering made in Quebec. The $150-million issue was warmly received late in the summer…
St Genevieve funding
Two private placements have been entered into by St. Genevieve Resources of Montreal to raise funds for exploration. One agreement is with E.M.Q. (1987) Mineral Exploration and Co., Ltd. Partnership w…