It was a rough week on markets around the world and Vancouver, although heavily weighted with junior resource stocks, was not spared. The market index closed at 1,158 points, down 313 points or 21% ov…
Former federal minister of mines, Judith Erola, has been appointed to the board of directors of Inco Ltd. Erola is the second woman to be elected to the big nickel company’s board, an Inco spokesman s…
Drilling with two machines is being resumed on the Richardson Lake gold discovery of Golden Terrace Resources, Garry K. Smith, the company’s geologist and newly appointed president, tells The Northern…
A decline ramp has been completed by Murgold Resources and Chesbar Resources on their joint ventured Chester Twp., Ont., gold property. The 3,100-ft-long ramp was completed to a depth of 400 ft. Under…
While a new-look Queenston Gold Mines has reported increased income from custom milling and gold royalties at its Kirkland Lake, Ont., properties, revenues dropped considerably during the first half o…
Spot closing prices in Pound Sterling per tonne Date Oct. 27 Oct. 26 Oct. 23 Oct. 22 Oct. 21 Copper 1192-1194 1175-1178 1215-1220 1169-1170 1175-1177 Lead 353-354 350-35…
Gold production of 200,000 oz in 1988 is projected by Cambior Inc., which recently gained control of Sullivan Mines. Quebec-based Cambior, which was formed about 15 months ago, increased its ownership…
Contrary to a statement in the Oct 12 issue of The Northern Miner, George Nemcsok is the Chief Geologist for Lac Minerals’ Macassa Division. He has held that position since 1979.
Alaska Apollo Gold Mines reports it has retained Kilborn Engineering to review exploration results and ore reserve calculations at its Shumagin property on Unga Island, Alaska. John Bogert, president …
The strongest nickel and copper markets in five years are being reflected in the bottom line at Inco Ltd. The world’s largest producer of nickel reports third-quarter earnings of $41.4 million compare…
Vancouver-based Newfields Minerals has reached an agreement with Lac Minerals which, Newfields hopes, will allow it to expand reserves at its Kirkland Basin gold prospect in Kirkland Lake, Ont. During…
The Canadian Advisory Committee on Mining Automation, under chairman Jacques Nantel of Noranda, last week in Sudbury approved plans for the Third Canadian Symposium on Mining Automation. It will be he…
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