1988


Metal Prices FREE MARKET (March 21, 1988)

London Metal Exchange Spot closing prices in Pound Sterling per tonne Date Mar. 15 Mar. 14 Mar. 11 Mar. 10 Mar. 9 Copper 1251-1252 1301-1303 1305-1307 1302-1304 …


Conquest results near Renabie mine property

Drilling by Conquest Yellowknife Resources on a property near the Renabie mine, has confirmed the presence of the Renabie shear zone on the claims. Located northeast of Wawa, Ont., the property adjoin…


Timmins Report Positive results on Puissance

The contribution of flow- through funding for junior exploration programs is still being felt in the Timmins area. One of the more interesting projects is known as the Puissance project of Orcana Reso…


Survey results Timmins area now available

Results are now available from a recently-completed airborne geophysical survey covering an area of 6,000 square kilometres surrounding the city of Timmins, and conducted by Ontario’s ministry of nor…


Queries Armistice committed at Larder Lake

As a shareholder of Armistice Resources, I am writing to ask for some information on this company. I am particularly interested in Armistice’s Larder Lake property and I would also like to know if Arm…


Letters to the Editor (March 21, 1988)

I do hope you plan to soon re-introduce oil stock quotations. Many of the oils have mining properties, for example, Barons Oil, in which I have an interest. Too, The Northern Miner is such a reliable …


Lac omits stats on Williams mine

Shareholders of Lac Minerals are sure to be pleased by the company’s 1987 earnings of $38.7 million. But when those same shareholders gather April 14 for the company’s annual meeting, there is bound t…


Colony incurs loss

A net loss of $12,000 is reported by Colony Pacific Explorations for the year ended Oct 31, 1987. This compares to a loss of $503,000 the year before. Operating income was $39,000 on revenues of $318,…


Belmoral, Yorbeau complete agreement

Completion of an agreement whereby Belmoral Mines will spend $10 million to acquire a 50% interest in Yorbeau Resources’ Astoria gold property in northwestern Quebec, and $5 million to acquire Yorbeau…


Editorial Paying for municipal services

Mining has been good for the north, but as mines develop it is often difficult to ensure the north keeps its share of the wealth mines generate. Money spent on wages and services are generally recir…



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