Articles by Northern Miner Staff

Seadrift loss

Seadrift International Exploration reports a loss of $834,000 for the nine months ended Sept 30, compared with a loss of $321,0000 in the similar period last year. The company reports issue of share c…


Canada burning with gold fever, coast-to-coast

If all that glitters isn’t gold, Canadian mining companies in 1987 weren’t aware of it. From British Columbia’s Queen Charlotte Islands to unlikely places like Baie d’Espoir in Newfoundland, Canada wa…


Whim Creek gold record set at Meekatharra mines

Record gold production was realized by Whim Creek Consolidated from mining operations in Australia. For the nine-month period ended Sept. 30, the company produced 30,193 oz of gold. For the third quar…



Barrick’s Carlin drill hints at new discovery

Results from a deep drill hole at American Barrick Resources’ Goldstrike mine near Elko, Nev., seem to indicate that the Toronto-based company could be on the verge of another major discovery. As repo…


Cominco International busy with two potential mines

Newly-created Cominco Resources International is making good progress towards its objective of becoming an international mining company. Created in May, 1987 by parent company Cominco Ltd., which hold…


Acadia sees increases in N.S. gold bet tonnage

The gold-bearing structure on the Mooseland property, 75 miles northeast of Halifax, N.S. has been extended and the potential for extending it even further is still very great. Drilling by Toronto-lis…


Investment Comment Falconbridge among lasting values

As the world’s stock markets continue to suffer the aftershocks of the infamous Black Monday, a number of major brokerage houses have published glossy booklets advising investors to keep on buying. “D…


Golden Rule gets interest in La Ronge gold prospect

Golden Rule Resources has a 30% interest in a major new gold discovery located on two contiguous joint venture properties in the La Ronge area of Saskatchewan. During the last month, an initial 5,000-…




No red ink likely on ’87 balance sheet of Eldorado

Saskatchewan uranium producer Eldorado Nuclear could break even for the full year, in sharp contrast with a net loss last year of $64.4 million. For the nine months ended September 30, the company, 10…


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