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 …
Articles by Northern Miner Staff
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…
Alberta Stock Exchange Jascan performs
Misgivings about the future of the current bull market failed to affect the share prices of a number of Alberta gold issues. Showing significant gains on recent performances, they seemed to ignore the…
Cuvier suing Noranda
Cuvier Mines is suing Noranda Exploration for what it says was the improper transfer of mining claims to Noranda. Cuvier launched the lawsuit in the Supreme Court of Newfoundland this week over 20 cla…
Lacana gets block of Newhawk shares
Lacana Mining Corp. is taking a bigger bite of the highly interesting Sulphurets gold-silver project 35 miles northwest of Stewart, B.C., via Newhawk Gold Mines. Under an agreement reached this week, …
Canreos acquires option to buy Melba mine property
The old Melba gold mine near Kirkland Lake, Ont., is being bought by Canreos Minerals (1980) under an option agreement from Nordex Explosives for an aggregate price of $750,000. Canreos President Koos…