Nevada Goldfields opens new mill
Its Kingston mill having been commissioned in March, Vancouver-based Nevada Goldfields shipped about 1,100 oz gold during that month, the company reports. Nevada Goldfield’s new mill is a 500-ton-per-…
Articles by Northern Miner Staff
Queries Provincial taxes are highest in Ontario
How is mining tax (in particular, processing allowances) determined in the province of Ontario? Also, I have heard that the Ontario mining tax rate has recently been lowered by the provincial governme…
Metal Prices FUTURES PRICES (July 20, 1987)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) July 76.20 73.70 76.15 + 3.80 Sept….
Queenstake meets projections
All of Queenstake Resources’ gold mining properties are “meeting their 1987 production and operating cost projections,” says Gordon C. Gutrath, president. Approximately 780 oz of June gold production …
Curator, Granges complete deal
A private placement has been completed between International Curator Resources and Granges Exploration whereby Granges has purchased 1.3 million units at $1 per unit, each unit comprising one common s…
Terra plans leach test on Las Minitas gold bet
A 5,000-ton heap leach test is scheduled for Terra Mines’ Las Minitas Mexico gold project later this summer, says Robert Evans, president, in an interim report. He expects that feasibility work will b…
United Siscoe changes name
Changes at United Siscoe Mines have resulted in a corporate reorganization and a name change. United Siscoe, which owns about 25% of American Barrick Resources, is now The Horsham Corporation. Appoint…
Dawson, Pacific reach agreement on silver bet
A $2.1-million joint-venture agreement has been signed between Dawson Eldorado Mines and Pacific Trans-Ocean Resources whereby Pacific may earn up to a 50% interest in the Plata-Inca silver project in…
Good grade is the key for new nickel mine
Canada’s newest nickel mine, in northern Manitoba, will be the first brand-new underground nickel mine in the country for close to a decade — and the third for Manitoba in the past 26 years. In an up…
Worvest drill hole results a boost for Lenora, Barrick
Encouraging drilling results from Lenora Explorations and American Barrick Resources’ Worvest option in Kirkland Lake, Ont., offers more proof of a new ore shoot in the area. Located within mining dis…
Faulted extension found by Acadia
Acadia Mineral Ventures has found the faulted extension of the Mooseland gold deposit in Halifax, Cty., N.S. Up to now the company believed the deposit, which has the potential for developing an estim…
Camindex prepares debenture issue
A private placement of $13,609,000 of 3% convertible debentures has been arranged by Camindex Mines. Of that total, the company reports, $6.1 million represents a rollover of existing debt and $7.5 mi…