Articles by Northern Miner Staff

More drilling under way on Golden North claims

Following a successful $1.5-million spring program of drilling and development work, Golden North Resources is spending a further $617,000 to drill the Canty East target area of its Nickel Plate Mount…


Abermin to drill NWT gold find

A high grade gold-bearing vein system discovered during the 1987 season by Abermin Corp. will be further investigated by field work and an extensive drilling program next spring. The Wombat zone is at…



Australia closing in on Canada’s gold output record

From a standing start five years ago, Australian gold production has increased dramatically. Indeed, the country is now challenging Canada’s third-place position among Western gold producers — the No…


Freeport-McMoRan boosts earnings

Third-quarter net earnings of $7.3 million(US) (18 cents per share) were reported by Freeport-McMoRan Gold compared with $4.5 million (11 cents per share) for the same period in 1986. Revenues during…


Morono exploring two properties

An exploration program by Morono Mines is under way on two properties in northwestern Quebec, the Verneuil and Dufay, the company reports. The work is to be completed by late winter, 1988. Six drillin…




Ontex, Noranda making similar claims

Two lawsuits involving members of the mining community currently under way revolve around claims of withheld information. In the more recent of the two lawsuits, Noranda Inc. is suing Agnico-Eagle Min…


All-North shareholders approve Galactic deal

Shareholders of All-North Resources have approved an agreement which gives Galactic Resources a 64% control position in their company. All- North will issue approximately 6.7 million shares to Galacti…


Hudson Bay earnings reflect gain on sales.

Hudson Bay Mining and Smelting realized net earnings of $13.5 million during the third quarter of this year. This compares to profit of $3.6 million during the same period last year. For the nine mont…


Metal Prices PRODUCER PRICES (November 23, 1987)

ALUMINUM: MW U.S. Market 79.50 cents – 82.00 cents per lb. (Nov 12, 1987). ANTIMONY: New York dealer $1.08-$1.12 per lb. (Nov 12, 1987). BISMUTH: New York dealer $4.75-$4.85 per lb. (Nov 12, 1987). C…


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