1988

Deep drilling completed on the Paymaster mine property in Timmins, Ont., has intersected strong gold values 175 ft below the workings of the shutdown mine, partners Associated Porcupine Mines (TSE) an…

John Black, a well known mining executive, died recently in North Vancouver. He lived his early days in St. Louis, Miss., and attended Queen’s University before joining Rio Algom in the early years of…

A high grade copper contract will be introduced July 29 by the New York Commodity Exchange (Comex) in response to a growing supply of, and demand for, Grade 1 cathodes. Hugh Sigmon, Comex’s director o…

Jerome Gold Mines (ASE) has arranged for a private placement through First Toronto Capital Corp., to fulfill its obligations at the Jerome mine joint venture at Swayze, Ont. Under an agreement with pa…

Breakwater Resources (TSE) has completed the purchase of 3.2 million shares or 19.9% of the issued capital of Noramco Mining (TSE) for an aggregate consideration of $20.8 million. Of that amount, $6 m…

A geophysical survey has been completed by Golden Tanager Resources (COATS) on the company’s two properties near Pickle Lake, Ont. On the North Caribou property, located 166 km north of Pickle Lake, t…

As a subscriber to The Northern Miner, and an ardent follower of current events in the mining community, I would like you to know that your paper’s editorial content is appreciated and well-respected….

News that drilling has quadrupled reserves at the Magino gold mine, sent McNellen Resources back to the $4 mark. Although little information has been released about the nature of the deep drill result…

The latest player in the Goudreau-Lochalsh mining camp northeast of Wawa, Ont., is Golden Myra Resources (TSE). Newly-listed, the company completed a share offering which netted $756,000. The funds wi…

London Metal Exchange Spot closing prices in Pound Sterling per tonne Date July 12 July 11 July 8 July 7 July 6 Copper 1271-1272 1302-1303 1348-1350 1350-1355 1315-1320 Lead 35…

Barron Hunger Hargrave — J. Hargrave sold 190,500 to hold 4,156,700. S. Hargrave sold 56,000 to hold 2,377,200. Cuvier — J. Lundrigan bought 30,000 to hold 170,000. Echo Bay — R. Lecler c sold 4,60…

A new gold showing has been located on New Beginning’s (VSE) 51-claim University River property in the Mishibishu area of northwestern Ontario. Recent grab samples taken from a 20-ft-wide shear varied…