13 Stelco locals ratify contract
Thirteen of the 15 locals at Stelco Inc. have ratified a new 3-year contract. Included in that total is the key Hilton local in Hamilton. One local, in Burlington, was voting at presstime. The Parkdal…
Articles by Northern Miner Staff
Anvil mine boosted after Pamour deal
A complicated new ownership arrangement has partially eliminated a substantial debt-load and paved the way for development of a new open pit at the Cyprus Anvil mine in Faro, Yukon. Under the terms of…
Nickel market looks to a better year
While 1986 was a difficult year for nickel producers, the market should pick up during the rest of this year and carry over to 1988, Shearson Lehman Brothers forecasts in its latest annual review of t…
Northern plans drill program
Exploration activity by Northern Mining Explorations of Amos, Que., will be centred this year on gold property in Isle-Dieu Twp., near Matagami, President Jean-Guy Cotnoir reports. Results to date for…
Leach pads planned at 2 Naneco sites
Bulk tonnage leach pads are planned this year by Calgary-based Naneco Resources at two of its projects: the Longstreet gold/silver prospect in Nevada and the Johnson Gulch gold prospect in South Dakot…
Duration finds gold at Puiseaux
Duration Mines says it has discovered a new and significant gold zone containing appreciable copper and silver values on its 100% owned Puiseaux Twp. claims in Casa Berardi, Que. While the company say…
Montreal Exchange La Pause issues active
While results of La Pause Resources’ exploration program this past winter have yet to be released, stories “on the street” suggest encouraging numbers, particularly from the Lac Tremoy and Adanac gold…
First-quarter profit greets Queenston shareholders
A first-quarter net income of $120,000 (1 cents per share) has been recorded by Queenston Gold Mines, compared with a loss of $94,000 (1 cents per share) for the same period in 1986. The company show…
Metal Prices FREE MARKET Spot Gold, Silver, Platinum and Palladium (June 08, 1987)
June 2 June 1 May 29 May 28 May 27 ** Gold London Bullion Dealers afternoon (morning) $US per oz. 455.00(449.30) 442.90(443.40) 451.00(451.75) 453.10(453.35) 449.50(447.90) Gold Bank of Nova Scotia,…
Vancouver Stock Exchange Significant drop in volumes
With gold prices remaining flat, trading activity on Vancouver has dropped significantly along with share values. But this could change quickly if the yellow metal stages a rally which is possible whe…
Vista results
Regina-based Vista Mines has released more assay results from Phase I of the diamond drill program conducted on its Bootleg Lake gold property earlier this spring. Phase I consisted of over 12,500 ft …
Delbridge decides to drill DeSantis
The first hole on the DeSantis property in Turnbull Twp., near Timmins should be drilled in two weeks, according to Robert Onotsky, president of property owners Delbridge Mines. The company has decide…