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 …
Articles by Northern Miner Staff
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…
Valentine drilling B.C. gold prospect
A 20,000-ft drill program is under way on Valentine Gold Corp.’s Valentine Mountain gold project northwest of Sooke on Vancouver Island.
Osisko options property
An exploration program is planned for the 153-claim property held by Osisko Lake Mines in the Pickle Lake area of northwestern Ontario. Located 1,500 ft north of ground held by St. Joe Canada, the pro…
Queries Slack leaves Belmoral in great shape
As an owner of Belmoral Mines’ common shares, I would like to be brought up-to-date on the activities of this Toronto-based company. N.M. Prince Albert, Sask. (Set 8 1/2 pt on 10 times roman across …
Wrightbar reports 5 drills working
Three surface and two underground drills are currently working at its Bourlamaque Twp. gold property in northwestern Quebec, Wrightbar Mines reports. Among the better surface drilling results to date …
Books (January 04, 1988)
Silver Centre Rediscovered by Peter Fancy. Covers Northern Ontario mining history from 1932 to date. 143 pages, $24.95, Published by Highway Book Shop, Cobalt, Ont. P0J1C0.
Cove doubles Echo Bay’s reserves
Luck is a valuable asset in the mining business. And Echo Bay Mines of Edmonton got a liberal dose of it in 1987. When Chairman Robert Calman and President John Zigarlick struck a $130-million deal wi…