Jolu mine meeting design parameters
Operations at Saskatchewan’s newest gold mine are meeting design parameters, partners International Mahogany Cor , (TSE) and Corona Cor , (TSE) say. The Jolu mine, which entered production in November…
News
Correction (March 20, 1989)
NLX Resources (TSE) has not acquired control of Sandy K Mines, a private company as reported earlier (N.M., Mar 6/89). NLX holds a 24% in a silver property near Gowganda, Ont., which is controlled by …
Queries More to Borealis share price than short selling
Back in 1986, we purchased 200 shares of Borealis Exploration at $29 per share. Recently, however, there has been a great fall in the price of these shares. Could you kindly inquire as to the reasons …
Cheni Gold near full capacity at Toodoggone mine
Despite one of the coldest winters on record, Cheni Gold Mines (TSE) says commissioning of the 550-ton-per-day mill on its 100%-owned Lawyers property in the Toodoggone area of British Columbia, has p…
Corona ups interest in Dolphin Explor.
Increasing its interest in Dolphin Explorations (TSE) recently was Toronto-based Corona Cor (TSE). A wholly-owned subsidiary of the latter, Corona-Hemlo, acquired an additional 654,545 shares of Dolp…
Milligan feasibility planned by Lincoln, BP
Mine feasibility studies are expected to begin by year-end on the Mt. Milligan copper-gold porphyry deposit in British Columbia, officers of United Lincoln Resources (VSE) told The Northern Miner. Loc…
Rea Gold completes due diligence on Bissett mine
The Bissett gold project in Manitoba owned by Cassiar Mining (TSE) will have higher capital and operating costs than indicated by a 1987 feasibility study. Rea Gold Mines (TSE), which will purchase th…
OSC considers complaints of trading violations against Inco, Teck
Enforcement officials at the Ontario Securities Commission are reviewing complaints relating to insider purchases of Golden Knight Resources shares. In late February the OSC received a letter from a b…
Spot prices at a glance (March 20, 1989)
Price Week’s ($US) Change($) Gold* 394.45 + 1.35 Silver* 6.13 + 0.23 Platinum* 543.75 + 4.90 Nickel** 7.76 — 0.59 Lead** 0.27 Copper– 1.50 — …
Book Review Metal’s who’s who handbook
The first edition of the American Mines Handbook, published by Northern Miner Press Limited, is the most comprehensive compilation of “who’s who” in the base and precious metals mining industry in th…
Noranda, partner report new gold find in Newfoundland
Recent drilling by Noranda Exploration has intersected a significant new gold discovery on the Rendell-Jackman property in north central Newfoundland. The new discovery is located on the Springdale Pe…
Obituary Allison Heather
A former manager of the Madsen Red Lake gold mine and well known mining engineer honored by the Governor General for “outstanding service in the promotion of Mine Safety,” Winnipeg born Allison F. Hea…