Articles by Northern Miner Staff

Continental files counterclaim against BP

The legal battle for control of the Mt. Milligan gold-copper deposit, north of Prince George, B.C., took another turn as Continental Gold (VSE) filed a countersuit against BP Resources Canada. Several…


Alberta Stock Exchange Stratabound again

Drill results at the CNE zinc- lead-silver property near Bathurst, N.B., appear to have brought some post-Christmas cheer to the shareholders of Stratabound Minerals. During the holiday week ended Dec…



Explorers Recover Gold Bars and More

Explorers who found the wreck of a 19th-century steamboat off South Carolina two years ago are hauling up a trove of gold coins and bars that could be worth up to $1 billion. The booty aboard the SS C…


Cameco shutdown

Cameco has extended the annual summer shutdown at its Blind River and Port Hope uranium refineries to four months in 1990. Both facilities will be shut down in mid-June and will resume operations in O…


Placer drilling Verse Lake claims

Placer Dome (TSE) has started an 8-hole drill program on the Verse Lake property held under option from Glen Auden Resources (TSE). The Verse Lake claims are near Chapleau, Ont. Placer is testing a se…



People (January 01, 1990)

CAROLIN MINES — Michael Berne appointed chairman of the board, president and chief executive officer; R.D. Anthony and Robert Handfield, vice-presidents and Major General Norman Ross, corporate secre…


Pezim sells almost all of Corona Corp. interest

Vancouver promoter Murray Pezim’s connection with Corona Corp. (TSE) was weakened substantially when he sold almost all of his remaining stake in the Toronto- based gold producer recently. According t…



Metal prices tied to economy’s performance

The bull market in base metals would appear to be over, at least for a London research firm which points out that during the fourth quarter of 1989, metals “either returned to the defensive or continu…


PRODUCER PRICES Metal Prices (January 01, 1990)

ALUMINUM: MW U.S. Market US73.00 cents – 74.75 cents per lb. (Dec 14, 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…


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