A reason behind El Paraiso’s movements
I rely on The Northern Miner to tell me why stocks have jumped up rapidly. I have a number of shares of El Paraiso Resources, a junior penny stock that has steadily moved up from 14 cents this year. …
News
Editorial No need to panic over Amoco deal
Dome Petroleum’s sad saga continues much in the news these days, a situation that is likely to continue for some time as the politicians are getting more and more into the act. Sparking this latest su…
United Keno expects profit and a longer mine life
There were no questions from the floor at the annual meeting of silver producer United Keno Hill Mines, probably reflecting the fact that shareholders generally liked what they heard from President J….
Three Canadian juniors vie to corner graphite market
Gold is not the only game in town. Ever since the Soviets suspended shipments of graphite to the non- communist world back in 1981, prices for the black, crystalline carbon have risen to as high as $1…
Metal Prices FUTURES PRICES N.Y. Commodity Exchange (April 27, 1987)
Week’s High Low Close Change COPPER (in US cents per lb.) April — — 63.30 + 0.75 May 63.70 63.25 63.35 + 0.75 July 63.4…
Steep Rock starts commerical shipments
Commercial product shipments started this month reports Steep Rock Resources, following the completion of construction of the first phase of the multi-phased ultra- fine calcite plant at Perth, Ont., …
Sullivan’s downside: Valdez upside is Arthur White mine
Reduced production and cost increase at the Valdez Creek mine in Alaska are the prime culprits behind the $687,000 loss posted by Sullivan Mines in its latest fiscal year. President Claude Genest, in …
Augdome financing placer pilot test
Assay results have just come in from a placer gold property on the lower reaches of McConnell Creek in B.C. Property owner Augdome Corp. has decided to issue 160,000 preference shares (at $1 each) to …
Camreco plans drilling program
With arrangements made with MVP for $1.5 million flow-through funding, Camreco Inc. plans a major drilling program on its northwestern Ontario properties including its recently acquired Goldlund Mines…
74 million Inco, Golden Knight project Golden Pond to produce in
The first gold bar from the Casa Berardi area of northwestern Quebec is scheduled to be poured in August, 1988 — seven years after the original Golden Pond discovery was made by Inco Ltd and more tha…
Kidd to drill Chance ground
Further exploratory drilling is to be carried out by Kidd Creek Mines on ground it holds under option from Chance Mining and Exploration in the Timmins area. This new work will include additional foll…
Oretruck on fire at Murdochville
Two weeks after a fire claimed the life of a miner at the Noranda Minerals Inc. copper mine at Murdochville, Que., on the Gaspe Peninsula, a 13-ton oretruck caught fire underground. No injuries were r…