Encouraging results released by Maufort
Encouraging results have been released by Maufort Resources from its Tiblemont gold property in northwestern Quebec. Geological surveys, trenching, channel sampling and drilling indicate five differen…
Articles by Northern Miner Staff
Toronto Stock Exchange Modest rebound during week of declines
A modest rebound was recorded today on the Toronto Stock Exchange, following a week long slide which clipped another 90 pts off the composite index during our review week. At the close, the tse compos…
Job vacancies surveyed
Mining is among industries cited by Technical Service Council in a quarterly survey of job vacancies among 1,700 firms across Canada. The survey, the Council says, represents openings in the mining, m…
Giant Yellowknife’s profit improved by Timmins results
Consolidated earnings for Giant Yellowknife Mines totalled $9.3 million or $1.33 per share for the 9- month period ended Sept 30. This compares with earnings of $2.8 million or 66 cents per share rea…
Grand Teton expects to produce in 1988
Vancouver-listed Grand Teton Industries fully intends to be producing gold by this time next year. The company can earn a 50% interest in the Adelaide Crown property in Humboldt Cty, Nev. But first, t…
Quartz Mtn. placement raises $1 million
Vancouver-listed Quartz Mountain Gold has completed a private placement with four European institutional investors for 1 million units at $5.625 per unit, the company said recently. Quartz said procee…
People (November 16, 1987)
Talisman Mines — has announced its new board of directors, effective Oct 22, comprising Fred Ellerginton, John F. T. Gravely, Victor Huggard, Fred Munger and G. W. Siddall. Edward F. Carr resigned as…
Exploration companies spending $100 million in Nova Scotia
He’s not the only one, but John Dawe of Green Harbour, N.S., exemplifies the tenacity of a true Bluenoser bitten by the gold bug. For him, what’s happening on the gold scene in Nova Scotia is like a d…
Metal Prices FREE MARKET (November 16, 1987)
London Metal Exchange Spot closing prices in Pound Sterling per tonne Date Nov. 10 Nov. 9 Nov. 6 Nov. 5 Nov. 4 Copper 1405-1410 1330-1335 1340-1345 1240-1250 1219-1221 Lead …
Editorial Recognition is well deserved
The mining industry is not one that receives a great deal of attention from the general public. It receives even less applause. We in the industry are well aware of the contribution mining makes to so…
Hycroft poised to increase output with second Nevada gold producer
Junior gold producer Hycroft Resources & Development is poised to join the big leagues when its second Nevada mine comes on-stream in early 1988. Annual gold output will jump 50,000 oz to 75,000 oz go…
NAR agreement
North American Rare Metals reports it has an agreement with IMEX (1987) Exploration and Company Limited Partnership providing for a private placement of $1,500,000 on a flow-through basis, at a price …