Articles by Northern Miner Staff

Kokanee testing Sullivan-type exploration target

Speculation on the significance of recent drilling at the Vine property near Cranbrook, B.C., has dramatically boosted the share price of Kokanee Explorations (VSE). The junior company reported that d…


Obituary Art Hastie

Art Hastie, long-time prospector and stockbroker, died on Jan. 24. He was 85. Hastie was co-founder of O’Leary Malartic and D’Aragon Mines and co-staker of Chiboug Copper, McWatters and Elder Mines. H…


Cominco clarifies Sullivan mine shutdown

Serious operating losses brought about by high production costs and falling zinc prices were cited by Cominco (TSE) as the reason for its decision to suspend mining operations at the aging Sullivan mi…


Teeshin high grade

The first results from drilling completed last month at Teeshin Resources (VSE) Dome Mountain gold property returned an 8.5-ft. intersection grading one ounce gold per ton and 2.64 oz. silver. The sam…


Strike at Doyon

The 380 hourly workers at the Doyon gold mine in northwestern Quebec recently went on strike. Joint owners of the mine are LAC Minerals (TSE) and Cambior (TSE). The mine, a former open pit operation w…



Breakwater to acquire American Pacific

Management of Breakwater Resources (TSE) and American Pacific Mining (TSE) have agreed in principle to a plan that will see Breakwater acquire all the issued and outstanding shares of American Pacific…


Spot prices at a glance (February 12, 1990)

Week’s Price (US) Change Gold*$419.90+$ 2.35 Silver*$ 5.30+$ 0.09 Platinum*$509.80–$ 0.55 Nickel**$ 2.78+$ 0.06 Lead**$ 0.33+$ 0.01 Copper$ 1.02+$ 0.02 Zinc$ 0.60+$ 0.02 Courtesy of Scotiabank. Infor…


Gold funds as of Feb. 6

MVP BGR Central Capital Net value$12.48 $6.41 $0.44 Price$11.625 $6.75 $0.37 Discount 6.85% 5.3% 19% Value$74,332,312 $107,879,217 N/A…




Higher earnings but lower profit for LAC in ’89

Net earnings of US$30.5 million (31 cents per share) for 1989 on revenues of US$186 million were reported by LAC Minerals (TSE), compared with earnings of US$38.4 million (42 cents per share) in 1988 …


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