Editorial A question of money
In this space last week, we carried an excerpt from a speech by W. R. A. Aitken, executive vice-president, Inco Ltd., in which Mr Aitken called on the mining industry to tell the public the story of t…
Articles by Northern Miner Staff
Flow-through isn’t through yet
Finance Minister Michael Wilson’s white paper on tax reform retains the concept of flow-through share financing for mineral exploration, but in a less generous form. Under current flow-through rules, …
Vancouver Stock Exchange Return to stability after plummet
The Vancouver market has finally stabilized after plummeting over 70 points early in the week. Heavily biased towards precious metals, it reacted negatively to weaker gold prices which resulted from a…
Toronto Stock Exchange June Trading tests nerve of gold investors
The month of June has been a stormy time indeed for precious metal investors who have been forced to endure a punishing test of the $440 (US) per oz price level. During the week, bullion prices plumme…
Newfields sees cash-flow start by late 1987
Chelsea Resources, a company associated with Newfields Minerals, is looking at a production startup date of July 1988 on its 55%-owned Spotted Horse gold mine in Montana, a former producer active in t…
Joutel plans big effort at Stewart
More than $1 million will be spent by Joutel Resources and partners on exploration this year, Joutel shareholders heard at the annual meeting. A major effort will be made at the company’s property nea…
Noranda to produce from Isle Dieu mine in July ’88
Production from the rich Isle Dieu zinc deposit near Matagami, Que., is scheduled to begin by July, 1988. Discovered in late 1985 by Noranda Exploration, the Isle Dieu deposit hosts reserves of 2,064,…
Royex’s remarkable growth guided by Goodman’s hand
The rapid growth and successful transformation of Royex Gold Mining Corp into a major mining investment house over the past three and a half years has been nothing short of remarkable. However the ver…
Metal Prices FREE MARKET Spot Gold, Silver, Platinum and Palladium (June 29, 1987)
June 23 June 22 June 19 June 18 June 17 Gold London Bullion Dealers afternoon (morning) $US per oz. 440.20(448.10) 438.00(443.60) 449.00(452.25) 452.20(451.10) 451.25(448.25) Gold Bank of Nova Scotia…
Geodome on TSE
Recently accepted for listing on the tse was Geodome Resources, which has completed a final feasibility study for its Sunbeam mine in Idaho. President Herman Whiton Jr. reports the feasibility study e…
Judge’s death could complicate Lac-Corona suit
The death on June 19 of Mr Justice Bert James MacKinnon, Associate Chief Justice of Ontario, could complicate the already intricate Lac Minerals, International Corona lawsuit. Judge MacKinnon, who die…
Viceroy encouraged by Calif. drilling
Drilling results continue to be encouraging at Viceroy Resource Corp.’s Castle Mountain property in California. Step- out drilling on the west side of the Oro Belle deposit yielded some impressive dri…