Correction Coin Lake Gold
As a clarification, all dollar figures quoted in last week’s story on Coin Lake Gold Mines’ Golden Reward property were expressed in U.S. dollars, (except for the share price quoted on the Toronto Sto…
News
Siscoe has profit
United Siscoe Mines reports net income of $6,483,000, or $1.72 per share, after extraordinary item, for the six months ended June 30, with a loss of $1,513,000, or 40 cents a share, in the similar pe…
Letters to the Editor Haileybury graduates appreciated
In response to the letter “Haileybury has fallen behind” by Ken Swanson (mining technologist) in your Aug 18 issue, I have the following comments to offer: * It is a very self-serving letter — repu…
Canamax ups reserves at Kremzar gold project
An additional 264,000 tons of reserves have been outlined at the Kremzar gold property operated by Canamax Resources, the company reports. Located 25 miles northeast of Wawa, Ont., the Kremzar propert…
Sullivan drilling on Mon-Dor prospect
A second drilling program by Sullivan Mines is getting under way on the Brongniart property of Mon- Dor Explorations, about 18 miles southeast of Chibougamau, Que. It follows recent completion by Sull…
Inco clarifies Can Antonio figure
In the August 25 issue of The Northern Miner, Cassiar Mining reported that reserves on the San Antonio gold mine in southeastern Manitoba had quadrupled as a result of a recently completed underground…
Montreal Exchange Producers make gains
Wednesday close, August 27 Gold producers were generally trading at higher prices on the Montreal exchange this week where the total volume of shares traded was a low 5,526,000. Aiguebelle Resources I…
Kentish Group active in ’86
The Kentish group of companies, headed by Jack Kentish, is planning an active exploration season in Quebec this year. Mid-Canada Gold and Copper Mines is planning to raise a total of $7 million via fl…
Drilling starts Lenora/Argentex
A diamond drill program aimed at determining the cause of a 10,000-ft geophysical anomaly has been started on the 340-claim property of Lenora Explorations and Argentex Resources Exploration Corp., in…
CMP ponders joint mill in Rouyn-Noranda area
An affiliate of the CMP Mineral Partnership is negotiating to build a major gold mill in the Rouyn- Noranda area that would serve up to four different properties. And, as The Northern Miner learned du…
Editorial: Arab revolts roil commodities markets
Large anti-government protests and street battles in the Arab world continued to dominate headlines around the world in mid-February.
Six-mopnth earnings down for Westmin
Continued weakness in metal prices and sharply lower oil prices are the main culprits behind the sharp drop in net earnings posted in the 6-month period ended June 30 by Westmin Resources.