News


Metals Report Moly’s fundamentals improving

Now don’t get me wrong. I’m not about to say that molybdenum is going to be a stellar performer for the rest of this decade. It’s not. But it could be starting on a slow but steady road to recovery. C…



range tables error

Readers may have noticed that some of the 1985 high-lows in the 1986-1985 price range tables published in last week’s edition of The Northern Miner were the same as for 1986. This was due to a techni…


United Keno funding

United Keno Hill Mines reports it has an agreement with NIM and Co., Limited, Partnership — 1987, for the provision to United Keno of flow-through exploration funding. United Keno says it will issue …


Mary Ellen active in Saskatchewan

This year’s drilling program has started on Eldor Resources’ gold- platinum property in northern Saskatchewan. A check assay results for a recent drill hole announced late last year sees a 5.25-ft int…


Newspaper joins industry teaching mining to youth

The Northern Miner has joined in a direct way, along with the industry itself, in attempting to educate the young people of Canada about mining in this country, and to show coming generations how vita…


A signal that fraud won’t pay

The stiff sentences handed two Vancouver stock promoters for their part in the Oct 19 trading debacle more than two years ago should go a long way to curbing such abuses in the future. The promoters -…


Lenora calculates Worvest reserves

Reserves have been calculated by Lenora Explorations for the company’s Worvest property, held in joint venture with American Barrick Resources. Located immediately west of Barrick’s Holt-McDermott min…


Canamax budget to hit $11 million

A total of $11.5 million is budgeted by Canamax Resources on Canadian exploration this year. Of that amount, $8 million comes from certain agreements reached with Amax of Canada Ltd., Amax Inc. and NI…


Rio’s default felt in Spain

Fallout from Rio Algom’s decision to default on a $155-limited non- recourse loan to build its East Kemptville tin mine in Nova Scotia is being felt elsewhere in the world. In November Rio handed over…


COATS directory an aid for investors

The Canadian Over-the-Counter Automated Trading System (COATS), is getting an assist in the form of a new directory. Now available, the new COATS directory is described by its publishers, COATS Direct…


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