Articles by Northern Miner Staff

Sullivan resumes Goldstack drilling

Good results are being reported from drilling on Goldstack Resources’ Dubuisson Twp. property with funds provided by Sullivan Mines. Hole 86-18 has returned a 41 ft intersection from 908.5 ft to 949.5…


U.S. consuming less iron ore

U.S. iron ore consumption dropped more than 11% in June from the previous month and nearly 13% from the same month a year ago, the American Iron Ore Association reports. Consumption totalled 4.7 milli…


Australia may resume uranium sales to France

The Australian federal government plans to resume uranium exports to France, according to a budget speech delivered in August. “The government put economic rationality ahead of factional passion by de…


American Platinum busy at Lac des Iles properties

Exploration work is under way on the platinum properties held by American Platinum Inc. in the Lac des Iles area, 50 miles north of Thunder Bay, Ont. Linecutting, geochemical and geophysical surveys a…


DOME GROUP RESTRUCTURES U.S.INTERESTS

Dome Mines, Campbell Red Lake Mines and Sigma Mines (Quebec) plan to restructure their gold interests in the United States. Campbell will buy Dome’s and Sigma’s indirect interests in the Dee gold mine…



Goldcorp value (September 15, 1986)

The net asset value per class A share of Goldcorp Investments as of the close of business Thursday, Sept 4 amounted to $10.32 . The closing market price on the Toronto Stock Exchange for that day was …


Obituary Leslie Hermiston

Leslie (Les) Hermiston, a prospector who like many others cut his teeth on silver during the heyday of Ontario’s Cobalt camp, has died at the age of 85. Mr Hermiston, a native of Cobalt, died at the h…


Newmont/G. Briar share drilling costs

Costs of a diamond drilling program near common boundaries between claims held by Newmont Exploration of Canada and Golden Briar Mines will be shared equally, the latter company says. The properties, …


Pancana profit slips

Pancana Minerals reports net earnings of $1,146,000, (24 cents a share after allowing for preferred share dividends) in the 6-month period ended June 30, compared with earnings of $2,008,000 or 50 cen…


Major exploration starts at Terramar’s Reid mine

Now that a prolonged fight with its Reid mine partners is over, Ter ramar Resource Corp. has commenced a major exploration program at the mine which will include dewatering the 800-ft level. The main …



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