Newfields reserves for Teck-Hughes
A geological reserve of 100,000 tons grading 0.25 oz gold per ton has been calculated for Newfields Minerals’ Teck-Hughes property. Located near Kirkland Lake, Ont., the Teck-Hughes property is believ…
Articles by Northern Miner Staff
Metal Snips (August 10, 1987)
The Australian Nugget gold bullion coin achieved worldwide sales of 246,038 oz comprising 570,416 coins less than three months after it went on sale this year. The sales were almost double the origina…
Exploration work for Radcliffe
Radcliffe Resources says exploration is progressing on the company’s Bam gold prospect, in northwestern B.C. Radcliffe’s property is located approximately 100 miles north of Stewart, B.C. and is appro…
Kerr Addison reports small loss during half
Kerr Addison Mines has reported that high mineral exploration and interest costs contributed to a small loss from operations during the first half of 1987. The company reported net income of $17.3 mil…
Queries Black Hawk sold to Platinova
The Northern Miner has received a number of enquiries recently concerning the corporate restructuring of Black Hawk Mining. They wanted to know who are the principles behind this restructuring and wha…
Algo to drill at Adams Lake bet
Drill testing at Algo Resources’ Adams Lake plateau gold and silver prospect is expected to resume immediately. President Errol Hemingson said that under the phase 2 program, his company plans 4,000 f…
Alberta Stock Exchange Platinum boosts issues
While growing tensions in the Persian Gulf propelled gold prices to $467(US) per oz, it was platinum which had investors racing to buy up shares of two Alberta issues. Trading on a volume of 952,900, …
North American gold title held by Newmont Gold (August 10, 1987)
The North American title for the largest gold reserve base goes to Newmont Gold Co. Newmont Gold, which is an affiliate of Newmont Mining Corp, controls properties hosting proven and probable reserves…
New zone find for Windflower
Exploration crews on Windflower Mining’s Goldfinch property in the Revelstoke division of British Columbia have discovered a new mineralized zone of quartz- carbonate vein and quartz stockwork along S…
Placer/Dome merger plan comes under Giant fire
Somebody is trying to throw a monkey wrench into Placer Development’s plans to merge with Dome Mines and Campbell Red Lake — and ironically it’s a former Placer executive. Out of the blue, Pamour Inc…
Stillwater starts small, aims high
North America’s only producing platinium group metals (pgm) mine just south of here has been in operation for only four months. But already, plans are being laid by the operator, Stillwater Mining, to…
Toodoggone program for Multinational
A first-phase drill program has been completed on Multinational Resources’ Toodoggone area property north of Smithers, B.C. Sixteen holes aggregating 5,036 ft were drilled to test the B zone along str…