The following article was written exclusively for The Northern Miner by Mr Anderson, former chairman, Cominco Ltd. and now a director of Gensler & Schwab Inc., New York, management consultants, and Mr…
Bankers Petroleum has acquired 73 claims in Turnbull and Godfrey twps, near Timmins, Ont. One 43-claim block includes limited mine workings established between 1909-1911. A surface exploration program…
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) June 68.95 68.95 68.90 — 1.90 July…
There’s no doubt about it. Michael Wilson’s white paper on tax reform proved something of a blow to the mining industry in that it watered down flow-through share financing for mineral exploration. Wh…
In investment circles there’s a well-known adage which states that a good deal helps to sell a deal. In a bid to get the financing for its recent Queenston Gold Mine acquisition, Hugh Harbinson, presi…
An underground examination of the Preston Olive mine property near Fort Frances, Ont., has been completed by partners Noront Resources and HSK Minerals. The program confirmed the presence of two miner…
Low inventory levels and a weak U.S. dollar are preventing a summer slowdown in base metals markets, and in precious metals the sideways action is a positive action, First Marathon Securities says in …
Some relatively high grade gold values have been reported from a breccia feeder system at Pioneer Metals’ Bonito property near Ruidoso, N.M. President Robert D. Willis confirms the system is “only one…
Global demand for palladium recovered last year to equal its record 1984 level of 2.96 million oz, Johnson Matthey reports in its publication Platinum 1987. Supply, however, ran ahead of demand for th…
Echo Bay Mines recorded a net income during the first quarter of this year of $8.1 million (18 cents per share) compared with $5.7 million (14 cents per share) for the same period in 1986. Total rev…
A trenching and surface diamond drilling program has been started by American Platinum Inc. on ground near Lac des Iles, Ont. Funded by a flow-through share offering with First Exploration Fund which …
A diamond drill program has been started by Fancamp Resources on the company’s Gamache Twp., Que., property. The property adjoins the Joe Mann gold mine brought into production this year by Meston Lak…
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