Map of world gold producers
Denver-based Metal Market Consultants has published a map listing the primary gold producers in the Free World. Besides locating them on a global map, it highlights specific areas including the wester…
Articles by Northern Miner Staff
Wollastonite discovery
NYCO, a division of Processed Minerals Inc., has made a signi- ficant discovery of wollastonite near Lewis, N.Y. Exploration near the company’s operating wollastonite mine was initiated in 1986. Drill…
Coin Lake’s Golden Reward enhanced
Toronto-based Coin Lake Gold Mines (TSE) says two important developments have recently enhanced the potential of its Golden Reward project in the Black Hills area of South Dakota. Based on additional …
U.S. REPORT Escalante shutdown
Hecla Mining (NYSE) has closed its Escalante silver mine, 40 miles west of Cedar City, Utah. The orebody at Escalante has been mined out and exploration failed to add additional reserves. In operation…
Coats Trading Features (January 09, 1988)
Chance Mining and Exploration, which retains a 10% net profit interest in ground adjoining the big Kidd Creek mine near Timmins, Ont., was an active trader this week. The Chance property, located in K…
News in Brief (January 09, 1988)
Permian Resources has changed its name to M.L. Cass Petroleum Corp. ** ** (MLO:VSE) on a 4-old- for-1-new share basis. ** New Spirit Resources and Developments Inc. has changed its name to …
Books in Review Property transactions and exploration activity
With high prices for developed gold properties in the U.S. dampening the ardor for acquisitions, there is a renewed interest on the part of mining companies in acquiring less-developed properties. Met…
Alberta Stock Exchange (January 09, 1988)
Judging by the low volumes and lack of activity on the Alberta Exchange this week, 1989 was heralded in with more of a whimper than a bang. Of the Alberta gold issues, only Holmer Gold Mines made any …
Metals trader Deak tries to win producer status
New York-based metals trader Deak International Inc. is gearing up for a two-pronged attempt to become a producing mining company. After amalgamating wholly- owned subsidiary Deak Ariadne, with Canadi…
Canadian Iron Ore: 1950 to 1986
The Iron Ore Company of Canada (IOC) began shipping from its new mine at Schefferville in 1954. It was the first of the mines in the Labrador Trough, which would reshape the Canadian iron ore industry…
Lornex reorganization
The reorganization of Lornex Mining Corp. (VSE) has been completed, partners Rio Algom (TSE) and Teck Corp. (TSE) say. Shareholders of Lornex approved the amalgamation of the company with a wholly-own…
Toronto Stock Exchange (January 09, 1988)
If the first week of the New Year is a precursor of things to come, then hold on for a ride because base metal prices continue to head in one direction — up. During the week, prices for copper, nicke…