Nuinsco, Echo Bay say Cameron Lake won’t go
After nine years of exploration, the Cameron Lake gold deposit owned by Nuinsco Resources (TSE) has been deemed uneconomic. The conclusion is part of a feasibility study completed by Wright Engineers,…
News
Minorco drops takeover bid for Cons Gold Fields
A $6.1 billion hostile bid for Consolidated Gold Fields PLC has been dropped by Minorco SA following the British government’s decision to investigate the deal’s effect on the strategic metals markets….
An American role model
New Democratic Party leader Edward Broadbent’s barely disguised glee at the Liberal Party’s woes leading up to this general election are understandable. But when he solemnly declares that Canada might…
Soocana completes exploration at Wawa
A follow-up exploration program is being planned by Soocana Explorations (COATS) for the company’s Blacksmith and Murray Algoma gold properties located 11 miles northeast of Wawa, Ont. The work return…
Research network proposed for exploration community
The exploration research community has submitted a proposal to the federal government to assist financially in establishing a national network that would carry out fundamental targeted research on new…
Kerr Addison quarter results
Kerr Addison Mines (TSE) had net income of $7.1 million or 41 per share for the nine month period ended Sept 30. During the same period in 1987, earnings per share totalled $1.03. The profits were gen…
Letters to the Editor land claims not dividing Yukon mining
Your issue of Oct 3, carried an article by Nancy Campbell describing some of the land claim concerns in the Yukon Territory (Land claims settlement divides Yukon mining industry.) While much of the ar…
Coeur d’Alene
The president of Coeur d’Alene Mines is bullish on silver. Dennis Wheeler told a New Orleans investment conference recently that he was optimistic “several fundamental factors will lead to higher silv…
Queries Renabie Gold Trust
I am an investor and subscriber to The Northern Miner, which I think is a great newspaper and a must for any investor. I would like some information on the Renabie Gold Trust, listed on the TSE. I cou…
FREE MARKET Metal Prices
London Metal Exchange Spot closing prices in Pound Sterling per tonne, except zinc and nickel ($US per tonne) Date Oct 25 Oct 24 Oct 21 Oct 20 Oct 19 Copper 1870-1874 1830-1835…
FINANCING (October 31, 1988)
ONTARIO Eagle Egy — final rec iss offer max 13,000,000 & min 10,000,000 @ $1 per sh to net max $12,090,000 & min $9,300,000. VANCOUVER Eros Res — 400,000 sold for gross $160,000. Gulderand Mng — …
Letters to the Editor Need Red Lake photos
The Red Lake Museum is searching for people who may have stories and/or photographs of Red Lake from the 1920s, 30s and early 40s. Some of the early mining pioneers/founders we are interested in are: …