CROSS CUTS DRAWING POWER
Magnets made of neodymium, iron and boron are about to penetrate the $1- billion world market for permanent magnets. Because of their high strength, low weight and low cost, Nd-Fe-B magnets could capt…
Articles by Northern Miner Staff
CROSS CUTS GOLDEN GIRLS
The next time you tell your wife she looks like a million bucks, it doesn’t have to be a lie. A new line of elitist cosmetics can leave her literally glowing. If you’re planning a business trip in Eur…
Barrick subsidiary issues innovative gold-backed bond
A wholly-owned U.S. subsidiary of American Barrick Resources has launched a $50 million(US) gold- indexed Eurobond guaranteed by American Barrick. The notes allow the company to borrow money at a low …
News in Brief (February 02, 1987)
Ligneris Mineral Exploration has raised $940,000 in a public financing. Drilling is set to begin on the company’s Ligneris Twp. property and on its Glandelet Twp. property, both in northwestern Quebec…
Rights offering
In a bid to eliminate its long- term debt, Mineral Resources International is planning a rights offering to common shareholders. The offering is being designed to raise up to $12 million for MRI which…
Aur sees higher grades on Que. bet
Underground drilling by Aur Resources on its First Canadian property near Val d’Or has indicated grades could be significantly higher than originally estimated from surface drilling. The arithmetical …
St. Joe Gold’s profit improves in fiscal 1986
St. Joe Gold reports net income of $7.9 million or 25 cents per share for the year ended Oct 31 compared with $5.3 million or 17 cents per share for the same period a year earlier. The company, a unit…
50 YEARS AGO –FEBRUARY, 1937– RICH ORE AT LITTLE LONG LAC’S LOW
Winding up the year 1936 with great improvement in all departments, Little Long Lac Gold Mines appears destined to achieve new record heights this year, The Northern Miner can say after visiting the p…
Dolphin plans $3 million surface/underground work
Significant gold and silver mineralization has been discovered by Dolphin Exploration on its Cape Ray project in southwestern Newfoundland. The best results were from two drill holes in the Windowglas…
Vatican in the gold business
Investors should soon be able to buy 3-ounce gold reproductions of gold seals that are iconographic treasures, found in secret archives in the basement of the Vatican in Rome. The seals, said to make …
Cusac is set to produce at a new gold structure
Cusac Industries says a second major structure has been scheduled for production at its Table Mountain property near Cassiar, B.C. The company says this is one of six gold-bearing veins found in 1986 …
Editorial Duncan R. Derry
With the passing this week of Duncan Derry, this country has lost a highly respected ambassador of Canadian economic geology — the very engine that powers this mining industry of ours. Certainly his …