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…
Articles by Northern Miner Staff
Toronto Stock Exchange U.S. dollar weakness underlies market
Struggling equity markets around the world continued to display signs of fragility as nervous investors watched market indices move over wide ranges all week long. In the U.S., the Federal Reserve Boa…
Baden/Keld’Or
The first phase of a reverse circulation drill program has been completed by Baden Explorations and joint venture partner Keld’Or Resources. The work was completed on their gold property near Carefree…
Midland Energy to acquire Rayrock’s Latin prospects
Midland Energy Corp. of Vancouver will quadruple the value of its ore reserves and increase its exposure to Third World mining by acquiring Rayrock Yellowknife Resources’ Chilean, Ecuadorian and Costa…
Metal Prices FREE MARKET (November 09, 1987)
London Metal Exchange Spot closing prices in Pound Sterling per tonne Date Nov. 3 Nov. 2 Oct. 30 Oct. 29 Oct. 28 Copper 1223-1224 1194-1196 1175-1178 1145-1…
Metal Prices FUTURES PRICES (November 09, 1987)
N.Y. Commodities Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Nov. 88.60 86.75 88.60 + 7.30 Dec. 86.90 84.50 85.60 +…
Correction (November 09, 1987)
Contrary to what was reported in our issue of Oct 19, Tony H. Ransom is president of Pamorex Minerals Inc.
Agassiz releases Lingman results
Toronto-based Agassiz Resources, has released some encouraging drill results from its Lingman Lake joint venture gold property near the Manitoba/Ontario border. As operator of the project which is own…
metal Prices PRODUCER PRICES (November 09, 1987)
ALUMINUM: MW U.S. Market 85.00 cents -88.00 cents per lb. (Oct 22, 1987). ANTIMONY: New York dealer $1.10-$1.16 per lb. (Oct 8, 1987). BISMUTH: New York dealer $4.90-$5.00 per lb. (Oct 22, 1987). CAD…
West Kootenay share sale boosts Cominco earnings
Following the sale of its shares in West Kootenay Power and Light Co., Cominco Ltd. has reported unaudited consolidated earnings of $92.6 million for the 9-month period ended Sept 30. That compares wi…
Resurrecting Carolin mine a challenge to Giant Bay
Resurrecting the trouble-plagued Ladner Creek gold mine of Carolin Mines near Hope, B.C., is something that appears to have challenged Giant Bay Mines. Giant Bay says it is joining forces with Wright …
Porgera reserves upped by Placer
Underground drilling at the big Porgera gold deposit in Papua New Guinea has resulted in a reserve increase. Placer Dome Inc., reports that close-spaced drilling from an adit has enabled the project p…