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…
News
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.
More work on Adams Plateau
Izone International, one-third partner on the Adams Plateau joint venture, with Clifton Resources and Adams Exploration reports continuing exploration. Diamond drilling has tested one of four anomalou…
Lower nickel prices are forecast 10,000 ton oversupply
Nickel producers have been in a tight squeeze as a consequence of slumping nickel prices and the squeeze is expected to get tighter. The price of nickel, which was down around $1.70(US) a lb at presst…
Obituary David Thornsteinson
Beardmore prospector killed in accident A highly regarded independent prospector who never lost his faith in the Geraldton-Beardmore gold area which he so proudly made his home for 25 years, David Tho…
Nickel
The price of nickel, which was down around $1.70(US) a lb at presstime, will probably drop to $1.50 a lb, knocking off a lot of production capacity, market analyst Ilmar Martens said in a panel discus…
Oracle Resources begins exploration in Pickle Lk.
Exploration has begun on two of Oracle Resources’ four gold properties in the Pickle Lake and Opapimiskan Lake areas of northwestern Ontario. Results of airborne EM and magnetic surveys carried out ea…
Over-the-Counter Trading Features (September 01, 1986)
After being under a suspended trading order for more than eight years, Canadian Magnesite Mines came back to life trading at 5 cents -15 cents . Good news for long-suffering shareholders who might fin…
Sherritt spending $5m. to modify coin plant
A $5-million modification program is under way at Sherritt Gordon Mines’ coin blank plating and processing facility at Fort Saskatchewan, Alta., in readiness to fulfil its recently signed contract wit…