Gulf Titanium feasibility study
A feasibility report has been received by Gulf Titanium for its Cruse Belmont property in Montana. The report recommends taking the high grade gold property into production next spring at 200 tons per…
Articles by Northern Miner Staff
Big increase in revenue spurs profit for Pegasus
Among gold producers reporting much higher profits this quarter is Pegasus Gold. The company recorded net earnings of $4.3 million(US) for the quarter ended June 30, compared to $1.5 million a year ag…
Moss’s Pickle bet optioned to Placer
An agreement in principle has been signed between Moss Resources and Placer Dome Inc., concerning the Fault Creek property near Pickle Lake, Ont. The claims, which are owned 60% by Moss and 40% by Can…
Normetal expects higher tonnage
Higher reserves are expected by Normetal Mining Exploration following the first phase of drilling on property in Desmeloizes and Perron Twps. in northwestern Quebec. The drilling, financed by La Sarre…
Parklane to start drilling program at Contwoyto Lake
A 10,000-ft program of diamond drilling is planned by Parklane Technologies on the Rox/Vox claim group in the Contwoyto Lake area, N.W.T. The company says it is preparing now to start the first-phase …
Production early ’88 for Perron gold mine
Operators of the Sleeping Giant gold-silver mine project located about 40 miles north of here are gearing for a production start-up in January, 1988, The Northern Miner learned during a recent tour. T…
Cannon production exceeds Asamera’s expectations
Calgary-based Asamera Minerals recently released a progress report on a number of its key properties located in Germany and the U.S. Results of exploration and production from five of these projects a…
Thompson-Lundmark busy on exploration projects
Thompson-Lundmark Gold Mines reports it has raised $435,000 for exploration work on the company’s various mining interests. President Richard Evarts tells The Northern Miner the funds came from 31.9%-…
Sunmist considering winter drill program
A winter diamond drilling program will be considered by Sunmist Energy ’86 for the company`s Eric Lake gold property, following the evaluation of this summer’s exploration results. Located 50 miles in…
Metal Prices FUTURES PRICES (September 21, 1987)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Sept. 81.65 80.95 81.30 + 0.40 Dec. 79.90 78.75 79.20 + 0.05 …
Metal Prices FREE MARKET London Metal Exchange (September 21, 1987)
Spot closing prices in Pound Sterling per tonne Date Sept. 15 Sept. 14 Sept. 11 Sept. 10 Sept. 9 Copper 1194-1195 1105.5-1106.5 1084-1086 1098.5-1099.5 1084-1086 Lead 386-387 …
Editorial The “Odds” as history
Professor R. W. Thompkins, of Queen’s University, Kingston, has expressed an interesting and we think valid thought about the value of our regular “Odds ‘n’ Sods” column, carried on this page. “Thro…