Tandem pushing four projects
One of the more active junior issues on the Canadian mining scene today, Tandem Resources is still spreading its wings. In excellent financial shape (cash and marketable securities approaching $10 mil…
Articles by Northern Miner Staff
Vancouver Stock Exchange Roxwell Gold among the high flyers
There’s nothing quite like rising interest rates to send tremors through the market. Following New York and Toronto’s lead yesterday, Vancouver tumbled 22.5 points and by presstime it was down another…
Metal Prices FREE MARKET London Metal Exchange Spot Gold, Silver,
Sept. 8 Sept. 7 Sept. 4 Sept. 3 Sept. 2 Gold London Bullion Dealers afternoon (morning) $US per oz. 456.95(462.75) 463.50(464.40) 464.75(464.40) 463.70(462.15) 463.10(456.55) Gold Bank of Nova Sco…
Strike in S. Africa lasts three weeks
The more than 300,000 gold and coal miners in South Africa who went on strike this summer for three weeks returned to work without the 30% increase in wages the National Union of Mineworkers was deman…
La Fosse encouraged by Labrador platinum hunt
La Fosse Platinum Group continues to meet with encouragement at the company’s platinum group metals projects spread across the Schefferville and Kuujjuaq regions of Labrador. In the Retty Lake area, L…
Two new zones picked up by McAdam at McWatters project
Two potentially important new gold zones have been picked up by McAdam Resources in a systematic exploration program being carried out at its McWatters project near Noranda, Que. This is a $6-million …
New Pascalis Mines will not take part in Cambior program
New Pascalis Mines has decided it will not participate in a $10-million underground program of Cambior Inc., now under way on the No 1 showing on the 38 New Pascalis claims located some 25 km east of …
Placer bulk test yields 1,000 oz for Gold City
A 30-day bulk sample test of gold placer gravels at Indian River, 35 miles south of Dawson City, Yukon, has yielded 1,000 oz of gold dore ingots, Gold City Resources reports. Gold City is conducting t…
Toronto Stock Exchange Rate and inflation fears awakening
After five years the raging bull market which has propelled most market indices to record highs, is finally showing distinct signs of aging. A common characteristic of this aging process is the high d…
Yukon Chamber mining school
The British Columbia and Yukon Chamber of Mines will hold its 69th annual prospecting and mining school in Vancouver again this year. Classes begin Tuesday, Sept 15, and run Tuesday and Thursday eveni…
Cons. Professor feasibility expected by early 1988
A feasibility study is being prepared by Wright Engineers for Consolidated Professor Mines’s Duport gold project. Located at Shoal Lake, west of Kenora, Ont., the Duport property hosts a geological re…
Aber one of many companies looking for gold in the N.W.T.
The venerable DC-3 aircraft helped open up the north, but in recent years flow-through financing has played a major role in developing its mineral wealth. The pace of exploration in the Northwest Terr…