News


Editor’s note

I have subscribed to your paper for more than 25 years and have always eagerly read it, but was I ever astounded and disgusted to see in your Aug 15th issue the sole “Letter to the Editor” headed `Mad…


Queries Canada Radium Corp.

While looking around in my father’s attic recently, I found a copy of a 1959 share certificate for 100 shares of Canada Radium Corp. I’m 99% sure that the shares are worthless but I’m curious as to th…


Newmont’s Carlin output could rival South Africa

Predictions that the Carlin gold belt of here could eventually rival South Africa as a gold producer can’t be discounted given the reserves found there by companies like Newmont Gold Company. As The N…


Magnacon shows-gold bearing veins

Surface exploration of the east Magnacon property, located west of Wawa, Ont., has unearthed several rich gold showings, partners Flanagan McAdam Resources (TSE), Muscocho Exlorations (TSE) and Windar…


Vancouver Stock Exchange Still slow and sluggish

Patience has become a real (but unwelcome) virtue among Vancouver brokers these days. Placing bets as to exactly when this long-running (since Oct ’87) bear market will end has become a popular pastim…


McAdam Resources aims to be back in business soon

Back in June of this year, McAdam Resources (TSE) discovered that a surface crown pillar over an old, mined-out stope at its McWatters property near here was only about 7 ft thick. Worse still, it fou…


Octan plans to mine former Terra assets

Calgary-based Octan Resources (ASE) has agreed to acquire Terra Mines’ (TSE) mill and silver properties at Camsell River in the Northwest Territories, the company said recently. Subject to regulatory …


Profile ALL THE RIAGHT MOVES

Toronto’s fashionable Yorkville district is the last place you would expect to find a down-to-earth mining man. The chic ambience and elegant designer boutiques seem more geared towards the leggy, asp…


USER-FRIENDLY EXPLORATION

The mining industry has been intrigued by the application of computers for many years. In fact, from artificial intelligence systems designed to run “smarter smelters” (see The Northern Miner Magazine…


Specs WANNA RAISE?

When you want to ventilate the deepest levels of a mine or when you’re in charge of mining the highest-grade uranium deposit in the world, you’re pretty well limited to one kind of machine to get the …


GREAT EXPECTATIONS

Over the nex t few years, Canada’s 70 gold producing mines will be joined by at least 10 major new producers and a handful of smaller ones. If gold prices remain high ($530(C) per oz at presstime), th…


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