Skylark development
Mine development is progressing satisfactorily at Skylark Resources’ ob mine near Greenwood, B.C. By mid- August the decline was down some 1,355 ft and four crosscuts had been completed into the H zon…
Articles by Northern Miner Staff
MacMillan, Granges busy at Mishibishu
Drilling by partners MacMillan Energy and Granges Exploration on their Mishibishu property west of Wawa, Ont., has cut gold values ranging from 0.13-0.79 oz gold per ton. The drill program is confirmi…
Alberta Stock Exchange Jilbey bucks the trend
Following on market downturns in Toronto and New York, which have seen sharp decreases in share prices, volumes were well down in recent weeks. Even major traders were relatively quiet as investors pl…
Spectacular gold shows made to SMDC, partners
Spectacular shows of gold have been confirmed by the Saskatchewan Mining Development Corp on ground held by the company and partners in the La Ronge area of northern Sask. smdc geologists are taking c…
Tax Angles Flow-through phase-out
It is finally becoming widely recognized that Mr Wilson’s tax reform proposals will gradually reduce the tax advantages of flow- through shares so that, when the reform measures are fully implemented …
Teck Corp’s Highmont plant to join Highland Valley
Much to its relief, Teck Corp. has concluded an agreement to incorporate its dormant Highmont plant into Cominco and Lornex Mining’s Highland Valley Copper project in southwestern B.C. Teck President …
Correction (September 21, 1987)
In the Sept 4 issue of The Northern Miner, we reported that Franco- Nevada Mining had losses of $409,000 for the 6-month period ended June 30, 1987. In fact the $409,000 reported was accumulated over …
Urangesellschaft planning uranium mine in the N.W.T.
Today, exploration activity in the Northwest Territories is generally directed towards precious metals. The reason? Shipping mineral concentrates out of the north is expensive when compared to a refin…
Red Lake tries old scheme to solve labor shortage
In mine management circles, it’s known as the good news bad news syndrome. The good news is that flow-through financing and higher gold prices have spawned unprecedented numbers of new mines across th…
Noranda dealing with San Paulo Mishibishu ground
San Paulo Explorations has just dealt one of its two gold properties in the Mishibishu Lake area of northwestern Ontario to Noranda Exploration, The Northern Miner learns from Peter D. Walker, the com…
Acadia considering partners to develop Mooseland bet
Overtures by Canadian and foreign interests to assist in developing the Mooseland gold property in Nova Scotia have been received by junior explorer Acadia Mineral Ventures of Toronto. The company has…
Metal Prices FUTURES PRICES (September 14, 1987)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Sept. 81.00 78.50 80.90 — — Dec. 79.25 76.70 79.15 + 4.20 J…