Renewed confidence in the U.S. dollar ravaged gold prices which crashed almost $15 to $443.55(US) on the second London fix. The result was a sell-off of most gold equities which pushed the gold and si…
Morton Gordon, chairman of Gordex Minerals, has been named 1987 “Developer of the Year” by the New Brunswick Prospectors and Developers Association, and received a presentation at a recent gold sympos…
Resources (VSE) has established a higher grade reserve at its Mount Washington property on Vancouver Island. A new calculation shows 472,000 tons averaging 0.26 oz gold and 1.3 oz silver. A minimum 6-…
If results of the feasibility testing now under way prove satisfactory, Win-Eldrich Mines (TSE) could be seeing heap leach production from its Ashdown gold project in Nevada as early as mid-1989, Rube…
An independent engineering study indicates a 3-year mine life at the Mindora gold-silver project of Eureka Resources (VSE) and Hawthorne Gold (VSE). Eureka President Jack O’Neill says the companies ar…
Junior-mining company Normabec Resources of Rouyn-Noranda, Que., was recently listed for trading on the Montreal Exchange (symbol NMB). The company owns eight properties in a number of Quebec township…
July 1, Canada Day, will mark the beginning of a new major mining company in Canada. That’s the day a merger of Eldorado Nuclear and the Saskatchewan Mining Development Corporation is expected to clos…
Labor troubles and a higher demand by the automobile industry are among the reasons given for the rise in the price of zinc to dizzying levels. The base metal, which last year averaged 36 cents (US) p…
In an article published in The Northern Miner in late November, 1985, Falconbridge Ltd.’s Chairman Bill James reported that finally, following several rocky years, the company’s balance sheet was soun…
Our lives are affected each day by government. Indeed, if you have been stopped by a police officer for a traffic violation you know the feeling as the heart rate picks up or a little more perspiratio…
The Montcalm nickel/copper deposit, one of Canada’s largest undeveloped nickel resources, is worthy of serious reappraisal in light of the current strength in nickel prices. Located 35 km northwest of…
Twenty-five years ago, in June of 1963, the Texas Gulf Sulphur company paid $18,000 and a 10% net profits royalty for a 2-year option on some patented mining claims about 10 miles north of Timmins. Th…
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