Correction (April 06, 1987)
The story in the March 30 issue of The Northern Miner regarding production dates set at the Cargo Muchacho project in southern California and the Kirkland Lake tailings project refers to Eastmaque Gol…
Articles by Northern Miner Staff
Ojibway bands stake claim in north Superior property
While the Hemlo gold find in northern Ontario has been big news for a few years now, it may soon find itself indirectly involved in another controversial issue, this one dealing with an Indian land cl…
Bay takeover bid by St. Genevieve
Bay Resources and Services has received a takeover offer from affiliate company St. Genevieve Resources. The St. Genevieve offer consists of one common share for each two Bay shares held. The deal is …
Noranda Expl. Golden Princess
A joint venture agreement has been concluded between Noranda Exploration and Golden Princess Mining for the old Nickel Offsets property near Timmins, Ont. Some adjoining ground is also included in the…
Froth flotation not as popular
Flotation plants in the United States appear to be on the decline, the Bureau of Mines, U.S. department of the interior, reports. Every five years the bureau conducts a survey of domestic mineral proc…
Dome Mines climbs well into the black
Increased production, higher gold prices and the acquisition early last year, (by subsidiary Campbell Red Lake Mines), of Kiena Gold Mines, put Dome Mines solidly in the black for 1986. The company re…
Queries International North American goes to court
It would be appreciated if you could review any recent developments which would account for the dramatic fall in the price of the shares of International North American Resources. Of particular intere…
Iron River on gold property
A first-phase exploration program has commenced at Iron River Resources’ Loughborough Inlet gold property, 35 miles north of Campbell River, B.C. A 2.5-mile access road will be rehabilitated, a helico…
Metal Prices (April 06, 1987)
FREE MARKET London Metal Exchange Spot closing prices in Pound Sterling per tonne Date Mar. 31 Mar. 30 Mar. 27 Mar. 26 Mar. 25 Copper 949-950 944-945 950-952 943-945 926…
Royex makes offer to boost interest in Int’l Corona
In a move that is designed to put Murray Pezim out of the picture, Royex Gold Mining has announced an offer worth potentially $230 million to boost its ownership in International Corona Resources to a…
Letters to the Editor Mining is more than gold
I wish to support Mr Kortschwar’s letter in your March 23 issue (Too Much on Gold?). I, too, have been a subscriber for many years and bought into some of your base metal companies before they ran int…
United stakes more claims near Madoc
Additional ground has been acquired by United Reef Petroleums near Madoc, Ont. United, which now has 110 claims in the area, says the ground was acquired for its gold potential. Gold showings sampled …