Silver Standard reports strong cash position
Relative to its size, Cons. Silver Standard Mines has one of the largest inventories of mineral properties in the U.S. and Canada — some 30 in all. And 14 of these were explored last year under vario…
Articles by Northern Miner Staff
Amselco study for Ridgeway
A feasibility study has been received by Galactic Resources from Amselco Minerals for the Ridgeway project near Columbia, S.C. Galactic says construction of a 15,000-ton-per-day process plant can begi…
Freeport agreement to explore N.W.T.
An agreeement in principle has been reached among Freeport- McMoRan Gold Co., a subsidiary of Freeport-McMoRannex, and Aber Resources and Highwood Resources. The agreement concerns the Bugow property …
Equity parent buying shares
Equity Silver Mines has agreed to sell Placer Development or a subsidiary 6.6 million special voting shares at a price of $5.62 per share. The value of the transaction is approximately $37 million. Eq…
Brokerage firm finance Fury to production
A major London brokerage firm has agreed to finance Fury Explorations’ Grantsville property to production. The value of recoverable silver from the modest heap leach project is said to compare favorab…
COATS Trading Features (March 30, 1987)
Clavos Porcupine Mines continued to advance, closing at 43 cents -48 cents . The company holds a 27.5% net profits interest in a gold property being worked by Canamax Resources. Located northeast of T…
Correction (March 30, 1987)
In the March 16th issue we erroneously said that mining contractor Patrick Harrison was honored at the Operator’s Conference in Elliot Lake last month. That report should have said J. C. MacIsaac, not…
Sullivan has loss, blames placer mine
Problems at the Valdez Creek placer mine in Alaska are being cited as the primary reasons behind the 1986 loss at Sullivan Mines. Sullivan and partners have experienced higher operating costs, delays …
Report from Calgary Naneco plans heap leaching
Naneco Resources, as a result of 1986 exploration and development programs, is planning for commercial production from two heap- leach gold properties in the United States. An extensive infill and dev…
METAL PRICES FUTURES PRICES N.Y. Commodity Exchange
Week’s High Low Close Change COPPER (in US cents per lb.) March 64.70 64.45 64.40 + 0.95 May 65.20 64.70 64.70 + 1.10 July 64.40 63.85 63.90 …
Pundata reports elevated values
Elevated gold values in 46 of 57 samples taken from property in Nevada have been announced by Pundata Gold Corp. The best assay shows 2.38 oz gold per ton, 3.53 oz silver, 0.128 oz platinum and 0.228 …
Saskatoon meeting
An international symposium on crystallization and precipitation, ISCAP ’87, will take place in Saskatoon, Sask., Oct 5-7. Organized by the hydrometallurgy section of the Canadian Institute of Mining a…