Articles by Northern Miner Staff


Shareholder seeks greater representation

A minority shareholder was unsuccessful in a bid to have a seventh director named to the board of Citadel Gold Mines at the company’s annual meeting in Toronto. “We, as minority shareholders, are bein…


Firms discuss joint venture

Toronto-listed International Platinum Corp. has signed a letter of intent with Degussa A.G. to enter into further negotiations on a joint venture exploration agreement regarding several of the former’…


Firm forecasts price of gold

Know what the price of gold will be in a year or 18 months’ time? You don’t have a clue? Well, Martin Murenbeeld thinks he does. Mr Murenbeeld is president of M. Murenbeeld & Associates Inc., a Toront…


Predict 50% increase in Wharf gold output for 1987

Chronically under-financed, Wharf Resources has struggled to maintain production at its Annie Creek gold mine near Lead, S.D. But the company appears to have turned the corner and with record precious…


PRODUCER PRICES (March 23, 1987)

ALUMINUM: MW U.S. Market 62.50 cents -64.00 cents per lb. (Mar 5, 1987). ANTIMONY: New York dealer $1.08-$1.14 per lb. (Feb 26, 1987). BISMUTH: New York dealer $2.50-$2.70 per lb. (Feb 26, 1987). CADM…


Option earned in gold site

An option to earn a 50% interest in the Bapst Twp. property owned by Fairfax Bay Resources in the Casa Berardi gold area in northwestern Quebec has been obtained by Yorbeau Resources. Yorbeau Presiden…


Nuinsco/ Seadrift active in Quebec

With a healthy funding package in place, activity is continuing at a brisk pace with seven drills in operation at the Aldermac and Lac Dufault prospects held in joint venture with Toronto-listed Nuins…


Teck, Tundra drift into visible gold

Underground exploration work on a section of the Lamaque gold property near Val d’Or, Que., has encountered visible gold in drift faces. Teck Exploration, which is performing the work funded by Tundra…




Tournigan financing

Tournigan Mining Explorations plans to raise net proceeds of $500,000 from a private placement which the company says will be added to its general working capital. As the company’s agent, Deacon, Morg…


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