Queries Assets of Corona Mines acquired in 1930
Would you please provide some information on the current status of Corona Mines Ltd. As a holder of a Corona stock certificate dated Feb 24, 1928, I wonder if it’s worth anything? N.W. Elliot Lake, O…
Articles by Northern Miner Staff
Monte Carlo, Kidd Res plan amalgamation
An amalgamation proposal has been announced by Monte Carlo Resources and Kidd Resources. Both companies share the same management. The amalgamation must be approved by Kidd shareholders at a meeting s…
Visible gold found at Radcliffe’s North Lake
As Radcliffe Resources prepares to drill the fifth of a 10-hole program at its wholly-owned North Lake property 25 miles north of La Ronge, Sask., the company says it has encountered visible gold. Vic…
Prices, investment gains aid Placer Dome profit
Higher gold prices and recent gains from investments boosted Placer Dome’s earnings for the first nine months of 1987 to $184.6 million or 35 cents per share, on revenues of $603.1 million. This is u…
Metal Prices (November 23, 1987)
FREE MARKET London Metal Exchange Spot closing prices in Pound Sterling per tonne Date Nov. 17 Nov. 16 Nov. 13 Nov. 12 Nov. 11 Copper 1412-1413 1450-1460 N/A 1355-1365 1465-1…
Letters to the Editor Ignorance of Ireland
If I were of Irish descent and a Northern Miner subscriber, I would be inclined to cancel my subscription forthwith. As I am neither, I wish merely to say the last paragraph of your editorial IRA’s sh…
Messeguay probes property at depth
A drilling program at the Launay gold property in northwestern Quebec continues to investigate at depth, Messeguay Mines reports. The property is located about 25 miles northeast of Rouyn-Noranda and …
Inco regains lead in world nickel market
The fruits of seven hard years of downsizing, restructuring and rationalization are finally being enjoyed by Inco Ltd. One of the most tangible benefits of the rationalization program has not only bee…
Taywin completes drilling Electrum gold/silver bet
Encouraged by drill results at its Electrum gold- silver prospect on Vancouver Island, Taywin Resources is considering the possibility of direct shipping some of the high grade ore on the property. Pr…
Demand, low inventories send copper prices flying
When copper producers in the future look back at 1987, they will probably do so with some fondness. Steadily rising prices this year have seen the base metal touch $1.25(US) per lb on the London Metal…
Flow-through equips Power for Dryden area ventures
Toronto-based Power Explorations has added $3,103,325 to its treasury through a recent flow- through share issue and by exercising some Series A warrants, the company says. As a result, Power is fully…
United Minerals explores newly aquired BC claims
Preliminary work is under way at Canadian United Minerals’ recently acquired Fireweed polymetallic prospect 10 km west of Noranda’s Bell mine in central B.C. Trenching and sampling, along with geologi…