Friedland acquires Mt. Grant control
A control position in Mt. Grant Mines (VSE) was recently purchased by Robert Friedland, best known for his management of Galactic Resources during the buoyant 1980s. Friedland purchased more than 2.7 …
Articles by Northern Miner Staff
Timmins Nickel in mill deal
A short-term contract with Falconbridge for the delivery of nickel ore to Falconbridge’s mill and smelter in Sudbury, Ont., has been entered into by Timmins Nickel (TSE). Timmins Nickel, which mines n…
Eastern Stone
A 49.9% interest in granite producer Igneous Stone has been acquired by Eastern Stone Products (ASE). Igneous operates the Belmont granite quarry near Havelock, Ont. (in the province’s southeast). Als…
Violent Yellowknife strike hurts Royal Oak’s earnings
Management of Royal Oak Mines (TSE) doesn’t appear to be backing away from asserting its “right to manage” at the Giant gold mine outside this northern community, even though the prolonged labor dispu…
Exploration planning focus of seminar
A seminar geared to persons with responsibilities for planning decisions related to mineral exploration is set for Dec. 6-12 in Kingston, Ont. “Economic guidelines for mineral exploration” will take p…
Manor trenches Virginia property
Trenching is under way on the Virginia property near Gander, Nfld., reports owner Manor Resources (ASE). Phase one of the program will test zones A-1 and A-2. Soil and till samples collected over Zone…
METAL PRICES — FREE MARKET (August 24, 1992)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Aug. 18 Aug. 17 Aug.14 Aug. 13 Aug. 12 Copper 1322-1323 NA 1294-1296 1286-1287 1299-…
Drilling near Granada mine gives KWG good gold values
Drilling in untested territory, partners KWG Resources (ME) and SEG Exploration (ME) have intersected gold values of up to 0.61 oz. per ton on their Granada mine property near Rouyn-Noranda, Que. The …
Minnova acquiring interest in RFC
An option to purchase more than 4.6 million shares of RFC Resource Finance (TSE) from Kerr Addison Mines (TSE) at 44.3 cents per share will be exercised by Minnova (TSE). The shareholdings represent a…
OTHER’S WORDS (August 24, 1992)
It is our belief that Canadian businesses are spending an insufficient amount of money on research and as a result, Canadian businesses lag behind competitors in other countries. Although high-tech in…
Pollution laws more stringent
Environmental laws are becoming more widespread and stringent and, in many cases, being framed according to perceived (and not necessarily scientifically proved) environmental risks and public health …
EDITORIAL PAGE — Driving directors away
If Ontario has any doubts about where its proposed labor laws will lead, its legislators have only to look across the country at Westar Mining in British Columbia. Both provinces are making it impossi…