Articles by Northern Miner Staff

Newfields to probe zone via Lac’s Lakeshore mine

Vancouver-based Newfields Minerals has reached an agreement with Lac Minerals which, Newfields hopes, will allow it to expand reserves at its Kirkland Basin gold prospect in Kirkland Lake, Ont. During…


Belmoral reports 9-month income of $436,000

A net income of $436,000 (1 cents per share) has been reported by Belmoral Mines for the first nine months of 1987, compared to a loss of $410,000 (2 cents per share) for the same period last year. R…




Murgold, Chesbar complete decline

A decline ramp has been completed by Murgold Resources and Chesbar Resources on their joint ventured Chester Twp., Ont., gold property. The 3,100-ft-long ramp was completed to a depth of 400 ft. Under…



Brunswick stays flat during third quarter

Citing low mine production and weak zinc prices, Brunswick Mining and Smelting recorded flat earnings of $3.55 million for the third quarter ended Sept 30. These earnings include an extraordinary gain…


Battle Mountain earnings show 94% increase

Improving gold prices and lower unit production costs were responsible for a third-quarter earnings increase of 94% compared with last year’s results, Battle Mountain Gold has said. According to Chair…


Faraway and Equity renew B.C. drilling

A drill program has started on the Sam silver property held by Faraway Gold Mines. The program will follow up results from two mineralized zones which yielded strong silver assays in previous drill pr…



People (November 02, 1987)

Toronto Stock Exchange — Lorne J. Levy appointed a member governor, succeeding J. Ronald Woods who has resigned.


Hemlo into higher grade ore

Higher grades of ore are being mined in the Hemlo area of northern Ontario, the three gold-producing mines there report. Hemlo Gold Mines’ Golden Giant mine is currently milling ore in the 0.41-oz-gol…


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