Market regulations, public protection
You know the grim smile that comes to your face when you hear the chilling words, “I’m from the government and I’m here to help you.” Well, because of the great wealth produced by world metals output,…
Articles by Northern Miner Staff
Metal Mining earns $3 million in second quarter
After completing its first full quarter as the principal worldwide mining vehicle of West Germany- based Metallgesellschaft AG, Metall Mining Corp. said it has shown improvements in all aspects of its…
American Platinum
Assay results from a platinum exploration program have been received by American Platinum Inc. Drilling on the company’s property at Lac des Iles, north of Thunder Bay, Ont., has cut several wide sect…
Belmont boosts output at heap leach mine
Since reopening in April, Belmont Resources has seen a steady increase in production at its Wonder gold mine in Churchill Cty., Nev. From April to October, the leaching operation produced 32,000 oz si…
Parklane finds in Arctic
Three sulphide mineralized zones have been discovered on the Courageous Lake area property of Parklane Technologies and Highwood Resources. Located in the N.W.T., the property covers approximately fiv…
Montreal Exchange Vassan among leaders
Good news travels fast, as Vassan Resources of Val d’Or, Que., can attest. The junior mining company traded a respectable 368,200 shares this week on encouraging preliminary drill results from its gol…
Brinco quarter results
For the 9-month period ended Sept. 30, Consolidated Brinco realized net earnings of $1.23 million or 7 cents per share. This compares with earnings of $946,000 or 3 cents per share realized in the c…
PCA shareholders to vote next week on Rio offer
Preferred shareholders of beleagured Potash Co. of America, who paid $25 for their shares in July, 1984, will vote Dec 14 on whether or not to accept the latest takeover bid from Rio Algom. The divers…
Teck to split shares
Shareholders at Teck Corp.’s annual meeting in January will be asked to approve plans to split its Class A and B shares on a two-for-one basis. Teck claims that with the increase in market price for i…
Bachelor Lake resumes production
In the absence of revenue from its Desmaraisville, Que., mine during the first nine months of 1987, Bachelor Lake Gold Mines didn’t expect its recently released interim report to be an earth-shatterin…
Noramco/Emerald merge with Crow
Shareholders approved the amalgamation of Noramco Mining, Emerald Lake Resources and Highland Crow Resources at a meeting held in Vancouver recently. The purpose of the merger was to combine the explo…
Assay results encourage more Esperanza work
Drilling will continue in early 1988 following a successful preliminary program on Esperanza Explorations’ Strebe prospect, adjacent to its Tillicum gold project near Burton in northeastern B.C. Preli…