News


High grade gold at Dome Mountain

Underground sampling and drilling on the Dome Mountain property has returned high grade gold values, Teeshin Resources (VSE) reports. Located near Smithers, B.C., the Dome Mountain project is owned by…


Falcombridge offers dividend in issuer bid

At presstime for this issue, Falconbridge Ltd.(TSE) Chairman William James told The Northern Miner he was confident the company would get a quick ruling from the Ontario Securities Commission on a Fal…


EDITORIAL Study of the sun, deep in a mine

Inco Ltd. is doing some mine development work from which it will never make a cent. And it doesn’t expect to. Purely in the interests of science, the giant nickel company is enlarging and preparing …


NovaGold cuts wide zone in U.S.

Toronto-listed NovaGold Resources reports intersecting 11.9 ft of gold mineralization grading 0.407 oz gold per ton on the Summit property in New Mexico. The intersection was part of a larger 91.9-ft …


Rio beefing up exploration role

Backed by the financial muscle of its England-based parent company, Rio Algom Ltd. (TSE) of Toronto is back in the exploration business. While company executives have declined to be specific about Rio…


McChip Resources close to earning property interest

Shareholders of McChip Resources (TSE) were told at the recent annual meeting the company is close to acquiring its 50% interest in 72 claims located east of Timmins, Ont., in Stock, Macklem and Germa…



Toronto Stock Exchange (June 27, 1988)

A rush by investors to catch a piece of the summer rally added another 27.02 pts to the composite index today, pushing it to a new post-October 19th high. For the week, the index has gained more than …


EDITORIAL Ontario has to move on its Mining Act

Anyone involved in mining in Ontario may owe Charles Stuart a vote of thanks. Stuart is the man who has re-staked the mining claims at Hemlo, Ont., on which the Golden Giant gold mines is built. Stu…


Tundra completes reserve calculation

A reserve calculation has been completed by Tundra Gold Mines (VSE) for a portion of the Lamaque exploration lands near Val d’Or, Que. The property is shared equally between Teck Corp (TSE) and Tundra…



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