News

Rio Algom uses solution mining at three projects

In its bid to develop low-cost and efficient mining processes for the future, Rio Algom (TSE) has three projects under way that make use of innovative techniques such as solution mining and in situ le…


Eastern to drill gold anomalies on Shamrock

Having received favorable indications from overburden testing on its Shamrock gold property in Newfoundland, Eastern Goldfields (COATS) plans to engage in a program of drilling and trenching this summ…


Alberta Stock Exchange Golden Crescent up

Shares of Toronto-based Golden Crescent Resources posted a surprising gain of 80 cents for the week ended April 10 to close at $1.75 on volume of 164,900 shares. The company has reported some mixed dr…


Skyline still struggling at Johnny Mountain mine

Despite substantial increases in throughput and gold recoveries, Skyline Gold (TSE) has yet to achieve commercial production at its wholly owned Johnny Mountain gold mine in the Iskut River district o…


Letters to the Editor Giauque staked Discovery claims

I thoroughly enjoyed the 75th Anniversary issue of The Northern Miner. Concerning “The dirty ’30s” article by Frank Kaplan and the reference to Jerry Byrne and the Discovery mine, I’d like to mention …


U.S. Report BMR focusing on California project

The focus for the coming year for BMR Gold (ASE) will be to bring the America Mine gold project to the point of a production decision. BMR has the right to acquire a 75% interest in the America Mine p…




Spot prices at a glance (April 16, 1990)

Week’s Price (US) Change Gold* $374.10 — $0.15 Silver* $5.09 + $0.08 Platinum* $476.00 + $0.30 Nickel** $3.99 — $0.10 Lead** $0.37 — $0.04 Copper- $1.19 — $0.07 Zinc $0.74 — $0.04 Courtesy of Sco…


Commodity index in further decline

A small drop of 0.5% in Scotiabank’s all-commodity price index was recorded for February; on an annualized basis, the index fell by 5.3% for the month. A decline in base metal prices contributed to th…


National Resource proposes amalgamation

The shareholders and partners of National Resource Explorations (TSE) have recently been notified that the company intends to amalgamate with NIM Management, and wind up all six of their partnerships …



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