Intnl. conference on ground control
A call for papers is being issued for the seventh international conference on ground control in mining, to be held Aug 3-5, 1988, at Morgantown, West Virginia. Papers are invited in the field of groun…
Articles by Northern Miner Staff
United Keno expects profit and a longer mine life
There were no questions from the floor at the annual meeting of silver producer United Keno Hill Mines, probably reflecting the fact that shareholders generally liked what they heard from President J….
$1 million program set for Southlands
Southlands Mining plans to spend at least $1 million this year on Eureka Resources’ Frasergold project, 62 miles east of Williams Lake, B.C. The program will be partly financed by a flow-through share…
Copper more cost-competitive, Phelps Dodge president says
The next eight years (to 1995) should be a time of consolidation and opportunity for the copper industry, says the chairman of the board and president of Phelps Dodge in the United States. “Although w…
Exploration funds for Que. company
An agreement worth $2.5 million has been signed by Exploration Miniere Ligneris for its 1987 exploration program with Oberon, President Benoit Violette announced at the company’s recent annual meeting…
COATS Trading Features (April 27, 1987)
One of the biggest winners on the Coats system this week was Chance Mining & Exploration, which closed at 90 cents after hitting $1. The company says Falconbridge has optioned another of its properti…
Depressed nickel leads to Inco loss
For the first quarter ended Mar. 31, Inco Ltd realized a loss of $5 million or 8 cents per share. This follows the last quarter of 1986 where the company lost $6.5 million or 10 cents per share. Alt…
Metal Prices FREE MARKET London Metal Exchange (April 27, 1987)
Spot closing prices in Pound Sterling per tonne Date April 21 April 20 April 17 April 16 April 15 Copper 914.5-915.5 N/A N/A 924-926 915-916 Lead 398-399 N…
Gordex to convert to vat leaching
Based on results of 92 drill holes on 12.5-m spacings, reserves at Gordex Minerals’ Cape Spencer gold mine stand at one million tons grading 0.057 oz gold per ton. Located northeast of Saint John, N.B…
Net asset value up 57% for BGR
The net asset value of BGR Precious Metals for the year ended Jan 31 was $81 million, an increase of 57% from last year, President Ned Goodman reports. Of that total, $14.3 million represents the addi…
A reason behind El Paraiso’s movements
I rely on The Northern Miner to tell me why stocks have jumped up rapidly. I have a number of shares of El Paraiso Resources, a junior penny stock that has steadily moved up from 14 cents this year. …
Newfields arranges private placement
Newfields Minerals of Vancouver has arranged a private placement with S.I.C. Properties whereby Newfields will issue 2.5 million common shares to S.I.C. at $3 per share. A finder’s fee of $405,000 is …