Queries There’s hope for O’Brien Energy
I have been a shareholder of O’Brien Energy and Resources for a good many years. I have followed its progress through news stories with interest and optimisim. Your reviews have generally been support…
Articles by Northern Miner Staff
Drilling enhances Raymor gold bet
Thirty drill holes, totalling 27,353 ft have been drilled on the main gold zone of Raymor Resources’ property in Amos, Que. Drill results are not all available yet but indications are the zone carries…
Metal Prices FREE MARKET Spot Gold, Silver, Platinum and Palladium (June 01, 1987)
May 26 May 25 May 22 May 21 May 20 ** ** Gold London Bullion Dealers afternoon (morning) $US per oz. ** 449.00(459.65) N/A 466.50(473.60) 469.10(468.60) 475.25(479.95) ** Gold Ba…
Details are provided on Ontario tax holiday
Mines in Ontario are subject to three separate levels of taxation: federal income tax, Ontario income tax and Ontario mining tax. The Ontario Mining Tax Act imposes a 20% tax on taxable mining profits…
Holmer raises working capital
A total of $148,500 to provide working capital by issuance of shares and share purchase warrants under an exempt private offering has been raised by Holmer Gold Mines. In other news, Holmer expects to…
Initial raise proves promising at Mishibishu Lake project
High gold values are being encountered in the initial raise being developed at the Mishibishu Lake joint venture in northern Ontario, John McAdam, president of Flanagan McAdam Resources, reports. Flan…
Tandem excited by Moss Lake property
They aren’t popping the champagne corks just yet, but executives at Tandem Resources remain quietly optimistic that the company is sitting on top of a major gold discovery. After more than 12 months o…
Coin Lake, Moruya plan consolidation
With the legal problems hampering work at the Golden Reward gold project in South Dakota, resolved, partners Coin Lake Gold Mines and Moruya Gold Mines, plan to bring the property to production. The f…
Merger gives Brohm Blackdome interest
Brohm Resources has acquired 3.9 million shares of MFC Mining Finance Corp. from Kerr Addison Mines and Ventures Trident Limited Partnership at a cost of $28,710. Brohm is now the majority shareholde…
Zone extended by Levon drilling
Underground drilling in the Howard tunnel in B.C., by Levon Resources has extended the No 2 zone, the company says. Levon drilled six holes above and below a 123-ft section which assayed 0.69 oz gold …
Dumping on potash
With half the world’s potash reserves on tap, enough to supply the world’s needs for the next few millenia, you’d think Canada’s potash industry would be able to sit back and take the long view. Inste…
WHAT’S NEW MILLING EQUIPMENT En Masse Conveyor
Gerber Industries of Minnetonka, Minn., has designed a conveyor that it says simplifies maintenance and improves ease-of-operation. The en masse conveyor features reduced noise, dust, maintenance and …