Aur resumes drilling at Louvicourt project
Surface drilling has resumed at the massive sulphide project of Aur Resources (TSE) and Societe Miniere Louvem (TSE) after a short Christmas break, says Aur Vice- President Howard Stockford. Operator …
Articles by Northern Miner Staff
Positive results for Thunderwood
A feasibility study is expected to get under way this spring at Thunderwood Resources’ (TSE) wholly owned Gold Hawk property in the Val d’Or area of Quebec, where the first gold bar was poured recentl…
News in Brief (January 08, 1990)
Asitka Resource Corp. has changed its name to Orenda Forest Products Ltd. (OFP:VSE) on a share-for-share basis. Transfer agent is Montreal Trust.
Metal Prices PRODUCER PRICES (January 08, 1990)
ALUMINUM: MW U.S. Market US72.50 cents – 74.00 cents per lb. (Dec 21, 1989). ANTIMONY: New York dealer US81 cents -84 cents per lb. (Nov 30, 1989). BISMUTH: New York dealer $4.40-$4.50(US) per lb. (D…
Noranda’s Bourlamaque bet optioned by Kingswood Exp.
Noranda Exploration, a unit of Toronto-based Noranda (TSE), is teaming up with Kingswood Explorations (ASE) to look for deep massive sulphides on a group of claims in Bourlamaque Twp., east of Val d’O…
Toronto Stock Exchange Fall below $400, weak gold prices spark
The deteriorating gold situation gained steam today, Jan. 3, as bullion prices collapsed below the critical US$400-mark to US$395 per oz. on the second London fix. After reaching a high of $418 just w…
Queenston, HSK merger approved (January 08, 1990)
The proposed merger of Queenston Gold Mines (TSE) and affiliate HSK Minerals (TSE) was approved by shareholders of both companies recently at a special meeting in Toronto. Trading on the Toronto Stock…
Winteroad, Northern deal
Great Northern Gold (ASE) has acquired an option to earn a 50% interest in a gold prospect owned by Winteroad Resources (COATS) in Garrison Twp., Ont. Under the terms of the agreement, Great Northern …
McAdam, Stoch in dispute over McWatters gold mine
A dispute has arisen between Toronto-based McAdam Resources (TSE) and Jack Stoch Geoconsultants over who owns the old McWatters gold mine near Rouyn- Noranda, Que. In October 1986, McAdam agreed to pa…
Festive meals and the varied uses of metals
During the recent festive season, I chanced to look around the kitchen in a different way and began to think of the myriad uses of metals in the preparation of food: the sinks, the spoons, the pans, e…
Newfoundland agrees to buy $20 million of Baie Verte’s debt
The government of Newfoundland has agreed to buy $20 million of the external debt of Baie Verte Mines, a wholly owned subsidiary of Cliff Resources (TSE), for 20 million redeemable preference shares. …
Montreal Exchange Trading slackens off
Investors seemed to have had their minds on other matters during the holiday season, with daily volumes ranging between a feeble 2.3 million and 3 million shares for the 4-day trading week ended Jan. …