Placer Dome earnings soar
The 1990 second-quarter financial results from Placer Dome (TSE) show a jump in net earnings to $80.8 million, or 34 cents per share, compared with net earnings of $31.5 million or 14 cents per share …
Articles by Northern Miner Staff
Spot prices at a glance (August 27, 1990)
Week’s Price (US) Change Gold* $410.00 + $8.50 Silver* $5.12 — $0.01 Platinum* $500.25 + $4.00 Nickel** $5.13 + $0.14 Lead** $0.40 + $0.01 Copper- $1.33 — $0.01 Zinc– $0.73 — $0.02 Courtesy of Sco…
Letters to the editor Multi-use on Crown land urged
Northerners have always practised multiple-use on Crown land — a co-operative land management system that depends on local expertise. The land’s capability is the first priority with our loggers, pro…
Tymar, Ticker Tape drilling Newice
Partners Tymar Resources (VSE) and Ticker Tape Resources (VSE) are about to start a drill program on their Newice property, 68 miles north of Stewart, B.C. Previous work on the property is reported to…
Bailey buying
Recently acquiring 412,500 B shares of Vancouver-based junior Hughes Lang (VSE) was Gregory Bailey and a company he controls, Premier Medical Investments. The shares, combined with 116,000 B shares al…
Denison share price drops as A,B dividends withheld
The preferred series A and B shares of Denison Mines (TSE) took a heavy beating recently after the company said it would not pay out scheduled dividends on both sets of shares. On Aug. 20, the first w…
Euro-Nevada has profit in 1990 first quarter
Nevada royalty specialist Euro- Nevada Mining (TSE) reported a profit in the 3-month period ended June 30. First quarter net income was $670,000 or 5 cents per share on revenues of $1.1 million compar…
Galactic posts second quarter loss as Summitville output drops
Gold producer Galactic Resources (TSE) reported a loss of US$630,000 or 1 cents per share for its 1990 second quarter, compared with a loss of US$1.36 million or 4 cents per share for the 1989 second …
Tyranex, GSR set to mine Tyranite bet shear zones
Mining operations are set to resume next month at the old Tyranite gold mine, 12 miles west of Gowganda, Ont. Starting in mid-September, partners Tyranex Gold (COATS), GSR Mining Corp., and the Calgar…
Letters to the editor August 21, 1990 `Anit-northerner policy’
The Ministry of Natural Resources (MNR) is today developing an anti-northerner policy over large areas. Roadside picnic tables, for example, have been removed and burnt. Other measures include: It wan…
Liberty intersects native copper
Recent drilling by Liberty Gold (VSE) on its gold-copper porphyry project near Lac La Hache, B.C., is reported to have intersected over 300 ft. of visible native copper. The company said hole six was …
Inco expanding research lab
A $12-million expansion is under way at the main research and development laboratory of Inco (TSE) at Sheridan Park in Mississauga, Ont. First phase of the expansion will involve construction of a new…