U.S. REPORT Fairbanks boosts Fort Knox reserves
The preliminary “resource” estimate at the Fort Knox gold deposit at Fairbanks, Alaska, has jumped 50% from what was indicated at the end of 1989, Fairbanks Gold (VSE) reports. At a cutoff grade of 0….
Articles by Northern Miner Staff
U.S. REPORT Court demands Mercur document
U.S. exploration company Gold Standard (NASDAQ) has successfully gained access to more documentation relating to the acquisition by American Barrick Resources (TSE) of the Mercur gold mine in Utah. A …
Executive changes at Dickenson, Wharf
The chairman and chief executive officer of Dickenson Mines (TSE) and Wharf Resources (TSE) will become president of the two companies, Dec. 1. Robert McEwen, president of Goldcorp Investments, the co…
Encouraging results from Greenstone’s B.C. gold property
Joint venture partners Dragoon Resources (VSE) and Greenstone Resources (TSE) have intersected some encouraging gold values on their property 25 miles south of Cranbrook, B.C. The best intersections f…
Chile considers flow-through plan
A recent Canadian government report says at least six countries in South and Central America are making serious efforts to attract additional mineral exploration. For example, the report says, Chile h…
Durvada vends Nevada property
An agreement has been signed between Durvada Resources (ASE) and Crimson Star (VSE) to develop Durvada’s gold heap leach property in southwestern Nevada. Crimson Star can earn a 50% interest in the Ye…
Stratmin, Cal Graphite first of new graphite producers
With limited production to its name and a sporadic history over 150 years, Canadian graphite is at last finding its feet. All the new production capacity is based in the Grenville geological province …
FUTURES PRICES (November 26, 1990)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Nov 119.50 117.70 119.05 + 2.05 Dec 117.25 115.50 116.45 + 0.15 Jan 115.20 115.20 115.05 + 0.85 SILVER (in US cen…
Corona’s ups Prime stake to 45.5%
Through a private purchase of 858,500 common shares, Corona (TSE) has increased its stake in Prime Resources Group (VSE) to 45.5%. As a result, Corona now owns 19.7 million shares of Prime. Corona has…
Onitap and Orex discuss settlement
The possible settlement of litigation related to the Goldboro gold property in Nova Scotia is being discussed by Onitap Resources (TSE) and Exploration Orex (ME), the companies jointly announced. Orex…
NO HEADLINE (November 26, 1990)
TEXT: Nations would ban Antarctic mining The proposed creation of a world park in Antarctica received a boost recently when the U.S. agreed to ban U.S. mining in the southern continent and Britain in…
Ontario anticipates stiffer regulations for mine closure- Mining
The recent Equity Silver situation in British Columbia has no doubt raised concern abou th futur elsewher i th country Th Britis Columbi governmen wa reporte t b considerin closur bon twic th amoun Eq…