Montreal Exchange Sphinx issues active
Trading of Exploration Sphinx “A” shares, which have been active for the past weeks, received another boost this past week with the release of bulk sample results from the Duvay property located north…
Articles by Northern Miner Staff
Sigma has 10-year life after reserves change
Having already completed new ore reserve calculations at Campbell Red Lake Mines, (N.M., Jan 26/87), the Dome Mines group reports a reserve recalculation has also been done for Sigma Mines (Quebec). T…
Nor-Acme Royalties
A $5.8-million plant is to be built to treat the 260,000 tons of arsenical gold concentrates stockpiled at the Snow Lake property of Nor- Acme Gold Mines in Manitoba. These grade 0.324 oz gold per ton…
Mine rescue vehicles
Ontario’s ministry of northern development and mines is buying six mine rescue vehicles from a Timmins manufacturer, to augment the arsenal of six mine rescue stations across the province. The vehicle…
Hot hole at the Goldstrike for Am. Barrick/ Fr.Nevada
A terrific hole, all in sulphide ore, of 620 ft grading 0.3 oz gold per ton has been pulled on the Goldstrike property in the Carlin gold belt area of Nevada by operator American Barrick Resources. Th…
High closure costs keep obsolete steel plants open
Although the average cost of closing a steel plant in the United States is down substantially from a few years ago, it is still high enough to keep several non-competitive plants in operation. And, th…
Metal Prices FREE MARKET London Metal Exchange (March 23, 1987)
Spot closing prices in Pound Sterling per tonne Date Mar. 17 Mar. 16 Mar. 13 Mar. 12 Mar. 11 Copper 906-907 916-917 926-928 913-914 900-901 Lead 308-309 313-314 …
COATS Trading Features (March 23, 1987)
Several Paul Penna companies were active traders this week on the COATS system. Langis Silver & Cobalt Mining heated up to 75 cents -80 cents on news that drilling is in progress on its Cobalt, Ont.,…
Copper demand to grow 1.3%
The overall annual growth of copper demand until 1995 will be 1.3%, according to a recently released World Bank report, The World Copper Industry: Its Changing Structure and Future Prospects (1984-199…
Freeport plans ’87 production from Big Springs
The Big Springs gold project in northeastern Nevada has been deemed commercially viable by Freeport McMoRan Gold and production could begin this September. Bull Run Gold Mines has a 40% interest in th…
Canamax increasing interest in Kremzar
Canamax Resources plans to pay $9 million for the remaining 50% interest in the Kremzar gold property near Wawa, Ont. The Algoma Steel Corp., which holds the interest through its 93%-owned Kremzar Gol…
Sulphide content of zone identified
A silicified shear zone well mineralized with sulphides has been intersected over a core length of 60 ft in drill hole No 2 on St. Genevieve Resources’ Casa Berardi- Laberge gold property in northwest…