Low prices, sales hit Potash profits
Lower North American sales volumes and soft potash prices resulted in a significant drop in annual earnings reported by Saskatchewan2Dbased producer Potash Corp. of Canada (TSE). Potash Corp., which p…
Articles by Northern Miner Staff
Ontario Hydro plans 60-cycle conversion
Ontario Hydro has requested approval from the Ontario government to begin converting to 60 cycle an older inefficient 25-cycle system serving a number of mining companies in northeastern Ontario. In t…
Industry seeks recruits from academia
As the head of a resource-based university department, I read with interest the report on Patrick MacCulloch’s “Student Night” speech at the Toronto branch of the Canadian Institute of Mining, Metallu…
Deposit for sale
Described as one of the largest unexploited copper-gold deposits in the world, the Bajo de la Alumbrera deposit in Argentina was opened for bids to potential buyers by 100% owner, Yacimientos Mineros …
28 holes completed at Rock & Roll
VANCOUVER Based on observations from drilling, partners Thios Resources (VSE) and Eurus Resource (VSE) are reporting a general increase in sulphide content within the Black Dog horizon as drilling pro…
CDN to nurture COATS: Letters to the Editor
Regarding your editorial “The wasted potential of COATS” (T.N.M., Jan. 28/91), we at the Toronto Stock Exchange would like to present our perspective on the issue. The Canadian Dealer Network (CDN), t…
Reserves released for Red Mountain
The 1990 year end results for Bond International Gold (TSE) provided the first details released by the company of its 1990 summer exploration program on the Red Mountain property near Stewart B.C. A t…
Strong minerals division fails to halt Noranda loss
Sky high interest rates and a downturn in the Canadian forest industry were reflected in the 1990 financial results reported recently by Toronto-based Noranda(TSE). Largely because of poor markets for…
Junior stocks ignored, investors buy blue chips
Prodded by softening interest rates and expectations of a mid-year end to the recession, the bulls went on a 2-week walkabout that sent trading volumes soaring to levels not seen since the summer of 1…
Canyon, Phelps Dodge buy Montana gold properties
Colorado-based Canyon Resources (NASDAQ) and a unit of Phelps Dodge (NYSE) have jointly purchased a number of Montana gold properties from Western Energy, a subsidiary of Montana Power. The propetry p…
That first car drove me to the graveyard
I’m not driving any BMW as yet. But my present car, whcih boasts full-time 4-wheel drive with height control, is certainly a quantum leap above my first one, to which I became quite attached. This was…
Santa Rosa on ‘fast track’ says operator Greenstone
To generate rapid cash flow, Greenstone Resources (TSE) is putting its 49% owned Santa Rosa gold project in Panama on the “fast track” to production, shareholders were told at the annual meeting. Sant…