Articles by Northern Miner Staff


Queries Beaulieu Yellowknife a horror story

You’ll find attached a copy of a share certificate from a company that may have been a gold producer in the 1940s. My grandfather bought the stock at my father’s suggestion after the Second World War….


Golden Shield places Mirado bet on hold

Like most junior exploration companies which attempt to make the leap from explorer to successful mine operator, Golden Shield Resources is experiencing some growing pains. Exuberant at having pulled …



EDITORIAL Ontario Hydro rate hike too high

Government-mandated costs in Ontario (including costs of energy, unemployment insurance, compensation assessments) represent about 20 per cent of a mine’s operating expenses, so it was not too surpris…


Pine Point results

Net earnings realized by Pine Point Mines for the 9-month period ended Sept 30, totalled $21.4 million or $4.62 per share. This compares with a net loss of $4.6 million or $1.02 per share realized dur…


MSV share buy nets Kerr two gold plays

An agreement to purchase about a 20% interest in junior-mining company MSV Resources has given Kerr Addison Mines a stake in two promising gold properties in northern Quebec. Kerr and msv have worked …


Barrick’s earnings up more than 50%

American Barrick Resources reports net income of $11.7 million or 34 cents per share on revenue of $83 million for the first nine months of 1987 compared with net income of $11.4 million or 28 cents …


Green Diamond gets Destor claims

Alberta-listed Green Diamond Oil Corp. has acquired a 1,500-ac claim group in the southeast corner of Destor Twp. in the Rouyn- Noranda, Que. region. Accessible by road, the property is located 22 mil…


Encouraging results by Gunnar, Mill City

Results continue to be encouraging from the 11,000-ft drilling program of Gunnar Gold and Mill City Gold on their joint venture Tyranite gold mine property near Gowganda in northern Ontario, the compa…


Bachelor Lake hopes for turnaround by 1988

According to the ancient adage, mines are made not found. Or to put it another way, it’s not finding but making the mine which separates the sheep from the goats of the mining world. Few companies kno…



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