News

20 companies involved in Lac St. Jean nickel play

At least 20 publicly traded companies have acquired properties in what is shaping up to be an exciting new exploration play for nickel and copper near Lac St. Jean, Que. Interest in the area stems fro…


Record Inco tax

Inco Ltd., which made more money in 1988 than ever before in its history — $735 million(US) — also paid a record amount of taxes in Manitoba. One of the company’s large nickel mining complexes is si…


Fancamp joint ventures two Quebec properties

Vancouver-based Fancamp Resources (VSE) recently signed a joint venture agreement on the company’s 29-claim Lemoine Twp. property in Quebec with Westminer (Canada) Ltd. Westminer may earn up to a 50% …


Windarra reports La Ronge results

A winter drill program on the Preview Lake property in Saskatchewan’s LaRonge gold belt has intersected significant gold mineralization in the Bakos zone, reports joint venture partner Windarra Minera…


Dofasco closes deal

Dofasco Inc. (TSE) has completed the purchase of a 25% share interest in Quebec Cartier Mining Co. Quebec Cartier operates iron ore mines and processing facilities in Quebec. Dofasco has also entered …


PRODUCER PRICES (April 10, 1989)

ALUMINUM: MW U.S. Market US93.50- 96.50 cents per lb. (Mar 30, 1989). ANTIMONY: New York dealer $1.00- $1.03(US) per lb. (Jan 19, 1989). BISMUTH: New York dealer $6.65-$6.75(US) per lb (Mar 9, 1989). …


Trio in Carlin (April 10, 1989)

Trio Gold Corp. (ASE) has acquired a 100% interest in 29 claims near Elko Cty, Nev. The claims are within the prolific Carlin trend, a major geological feature hosting several large open pit gold depo…


Victoria encouraged by graphite showings

Significant intersections of graphite mineralization have been reported by Victoria Graphite (COATS) of Ottawa from its property near Portland in southeastern Ontario. Fifteen holes were drilled in th…


Editorial The courage to cut debt

This country is blessed with an abundance of rich natural resources. Given a down-to-earth fiscal policy, there is no reason why we shouldn’t continue to grow and prosper for years to come. But this…


McNickel on COATS

Following an amalgamation of Perch River Mines and Hanson Mineral Exploration, the common shares of the new company called McNickel Inc. (COATS) are now trading on the Canadian Over-the- counter Autom…


Law suits try Chelsea Res as Spotted Horse is tamed

While Chelsea Resources (VSE) attempts to bring costs down at the Spotted Horse gold mine in Lewistown, Mont., two lawsuits brought about by two exploration companies are providing more financial head…


Letter to the Editor NWT government supports Colomac

I would like to draw your attention to a misleading statement in the March 13 issue of The Northern Miner. In the article entitled “Northgate loan bails out Neptune,” you stated: “Northgate emerged as…


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