MER to hold seminar
Quebec’s Ministry of Energy and Resources (MER) will hold a seminar on exploration, Nov. 21-22, at the Chateau Frontenac in Quebec City. This seminar will highlight the latest developments in explorat…
Articles by Northern Miner Staff
U.S. REPORT Record Carlin gold output boosts Newmont Mng. results
Colorado-based Newmont Mining (NYSE) has reported a big increase in third-quarter earnings after selling off interests in its Australian gold affiliate and U.S. coal company Peabody Holdings. A record…
FINANCING (November 19, 1990)
Greenstone Resources Ltd. — min of 550,000 and max of 1,750,000 units consisting of 1 common sh and 1/2 series C sh purc wt offered @ $2.75 per unit, plus 386,750 exchange units consisting of 1 commo…
EDITORIAL PAGE EMR report tells only half the story
The federal Department of Energy, Mines & Resources (EMR) has come up with an important document outlining its view of the current state of affairs in the Canadian mineral exploration industry. What m…
U.S. REPORT More encouraging results from Great Lakes’ copper
Drilling at Great Lakes Minerals’ 543-S copper deposit on the Keewenaw Peninsula in northern Michigan continues to confirm the continuity of previously outlined reserves. The latest results, from hole…
Big hole at Beatty-Hislop bet – 7 metres, 22 grams gold
Shares of Glimmer Resources (VSE) doubled in price to $1.50 after the company reported an impressive 7-metre intersection grading 22 grams gold per tonne (54.7 grams uncut) from a recent drill hole on…
Cominco earmarks $1.4 million on Normetal property
In a bid to discover new zinc orebodies in eastern Canada, Cominco (TSE) will spend nearly $1.4 million over the next year to probe the Normetal zinc-copper property of Exploration Miniere Normetal (M…
Cambior boosts earnings, output
Increased revenue, earnings and gold production were reported by Cambior (TSE) for the third quarter and first nine months of 1990. The company attributed the rise in net earnings mainly to increased …
Toronto Stock Exchange Indices (November 19, 1990)
Nov. 13 Nov. 12 Nov. 9 Nov. 8 Nov. 7 HIGH LOW Composite “300” 3135.08 3119.97 3077.42 3060.55 3071.14 4009.47 3009.91 Metals & Minerals 2593.85 2587.88 2523.81 2492.87 2502.63 3453.06 2502.63 Integrat…
Corona income drops despite higher output
A substantial decline in interest, investment and other income led to a 19% drop in third-quarter earnings for Corona (TSE). Net income for the quarter was $12.3 million (6 cents per share) compared w…
U.S. REPORT BMR expects reserve expansion
As a US$5-million, 2-year exploration program gets under way at the American Mine gold project in San Bernardino Cty., Calif., BMR Gold (ASE) is confident that its new partner, Nerco (NYSE), will be a…
Correction (November 19, 1990)
Intersections from Windy Mountain Explorations’ (COATS) MacLeod Lake property near Chibougamau, Que., include a 75-metre length grading 0.4% copper and a 55-metre length grading 0.53% copper. Incorrec…