Queries Kaaba to heap leach in California
When I last wrote to you in the summer of 1985, you seemed unaware of Skyline Explorations, which was trading on the Vancouver Stock Exchange at 85 cents . Since you haven’t published any news of Ka…
Articles by Northern Miner Staff
CROSS-CUTS Huge nugget find reported
It looks like a big baked potato, it’s said to weigh 74.6 oz and it could be worth at least $60,000. “It” is a gold nugget, discovered July 9 at Squaw Creek, B.C., that could be the biggest ever in Ca…
LETTERS Brunswick bigger than Red Dog
I am writing with regard to an article in the May, 1987, issue. The article enti tled “A Jackpot in the Arctic” (i.e. the Red Dog deposit) stated that “among zin c deposits, only the original Broken H…
Placer, MSV encouraged with underground program
Initial results from an underground program on the Eastmain gold project east of James Bay, are confirming earlier drill results. Partners Placer Development and MSV Resources plan to have the program…
Old Newcor mine gets second look by Colray, Vista
A joint venture program to explore the old Newcor mine property in the Flin Flon area of Manitoba has been announced by Colray Resources and Vista Mines. Colray can earn a 30% interest by spending abo…
Investment Comment Conwest pins hopes on oil rebound
While a steep decline in oil and gas prices took a large bite out of Conwest Exploration’s 1986 cash flow, few natural resource companies can boast such an enviable track record. In business for 48 ye…
METAL MARKETS Shareholders nix amalgamation plan
Preferred shareholders of Potash Co. of America recently rejected a proposal to amalgamate the company with Rio Algom, which controls almost 88% (all of the common shares) of the company. Potash Co., …
Golden Princess starts drilling
Drill programs are under way at two properties held by Golden Princes s Mining in Ontario. Noranda Exploration has commenced drilling on the Nickel Offsets property near Timmins. The objective of the …
Strong sections drilled by Power
Additional encouraging drill results have been received by Power Explorations from the company’s Dryden gold project held in joint venture with Van Horne Gold Exploration. The property is located five…
Potash price in bad slump
Reflecting the depressed price for potash, a loss of $103.4 million was recorded by the Potash Corp of Saskatchewan in 1986, the company’s 10th year of operation. The Crown corporation’s $810-million …
Rush mill building at Madeleine
Madeleine Mines has a major program in hand here that will see Canada’s first platinum-paladium mine in full scale production within a year. A big open pit orebody, this will be an extremely low cost …
Lac earnings improve on higher prices and output
A combination of stronger gold prices and increased gold production has enabled Lac Minerals to chalk up an impressive quarter. For the second quarter ended June 30, the company realized total earning…