Teck-Corona Hemlo mine showing its potential
Mill throughput at the Teck-Corona mine at Hemlo reached 924 tonnes per day in Teck Corp.’s first quarter, shareholders were told at the annual meeting. This compares with a 556-ton average for the ye…
Articles by Northern Miner Staff
Ketza River royalty goes to Canamax
Canamax Resources plans to pay more than $3 million for the 20% net profits interest held by Ketza River Mines on Canamax’s Ketza River property in the Yukon. The royalty was acquired by purchasing a …
McGill seminar, mineral evaluation
A seminar on mineral project evaluation techniques and applications will be held Feb 9-20 at McGill University, Montreal, by the university’s department of mining and metallurgical engineering. It is …
Mary Ellen active in Saskatchewan
This year’s drilling program has started on Eldor Resources’ gold- platinum property in northern Saskatchewan. A check assay results for a recent drill hole announced late last year sees a 5.25-ft int…
Newspaper joins industry teaching mining to youth
The Northern Miner has joined in a direct way, along with the industry itself, in attempting to educate the young people of Canada about mining in this country, and to show coming generations how vita…
A signal that fraud won’t pay
The stiff sentences handed two Vancouver stock promoters for their part in the Oct 19 trading debacle more than two years ago should go a long way to curbing such abuses in the future. The promoters -…
Lenora calculates Worvest reserves
Reserves have been calculated by Lenora Explorations for the company’s Worvest property, held in joint venture with American Barrick Resources. Located immediately west of Barrick’s Holt-McDermott min…
Canamax budget to hit $11 million
A total of $11.5 million is budgeted by Canamax Resources on Canadian exploration this year. Of that amount, $8 million comes from certain agreements reached with Amax of Canada Ltd., Amax Inc. and NI…
Rio’s default felt in Spain
Fallout from Rio Algom’s decision to default on a $155-limited non- recourse loan to build its East Kemptville tin mine in Nova Scotia is being felt elsewhere in the world. In November Rio handed over…
range tables error
Readers may have noticed that some of the 1985 high-lows in the 1986-1985 price range tables published in last week’s edition of The Northern Miner were the same as for 1986. This was due to a techni…
COATS directory an aid for investors
The Canadian Over-the-Counter Automated Trading System (COATS), is getting an assist in the form of a new directory. Now available, the new COATS directory is described by its publishers, COATS Direct…
News in Brief (January 19, 1987)
Acadia Mineral Ventures says it has completed a private placement of flow-through shares, to raise a total of $400,000, at a price of $1.95 per share. President Donald Smith says the funds raised will…