News


Foreign exchange effects on metal prices

At first glance, the effects of foreign currency zig-zags and inflation fears on mining are difficult to picture. Perhaps one way is to treat them simply as a foreign remittance being sent to you mont…


U.S. Report

This week’s issue of The Northern Miner is the first to include a new, regular report on mining activities in the United States. In recent years, gold mining in the western U.S. has increased consider…


Some 28 juniors active in Nova Soctia exploration

Canada’s ocean playground is tiny — about the size of southern Ontario (55,500 sq km). But with a history of gold production dating back to the turn of the century it has not been overlooked by junio…


NRD signs agreement for more exploration

An agreement covering further exploration of the Pinto gold property located near Val d’Or, Que., has been signed with American Barrick Resources (TSE), Consolidated NRD Resources (VSE) reports. Barri…


Silverado mine profit

An operating profit was generated by the Grant gold mine, owned 100% by Silverado Mines Ltd. (VSE). Located in Alaska, the Grant mine produced 856 oz of gold in April which resulted in an operating pr…


New discoveries needed soon in base metals sector

More favorable times have returned for base-metal mining companies, which are enjoying strong commodity prices, but concern about future supplies of the metals seems to be an issue that won’t go away….


Tight money forcing major shift in junior sector

The after-shock of last year’s market crash is still being felt by the mining industry, especially the junior sector. Although the popular flow-through financing mechanism will remain in place until y…


Canadian, U.S. mining share goal

From a speech by federal mines minister Gerald Merrithew at the 1988 Minerals Policy Outlook Conference. The mining industries in Canada and the United States have many similarities. Both industries p…


Freeport options Texada property

The gold potential on Texada Island, 50 miles northwest of Vancouver, has attracted Freeport-McMoRan Gold (NYSE) which recently optioned property from Vananda Gold (VSE). The option agreement involves…



People (June 13, 1988)

Roddy Resources — Steven W. Harapiak appointed president and chief executive officer succeeding Jack E. Lovelock who has resigned but continues as a director.


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