Greenstone to test mill at Millie Mack
Toronto-based Greenstone Resources (TSE) and partner Dragoon Resources (VSE) have mobilized a 50-ton-per-day flotation mill which will begin processing material from the company’s 4,407-acre Millie Ma…
Articles by Northern Miner Staff
Agnico, Dumagami merger can’t stop takeover talk
It is business as usual at the Agnico-Eagle Mines (TSE) group now that shareholders of 43% owned Dumagami Mines have approved a merger with Agnico. At a special meeting in Montreal, 90% of Dumagami sh…
Miner library closed to public
Beginning Jan 1, 1990, The Northern Miner’s library will no longer be open to the public. Reports of companies’ current status will still be provided in response to written requests that are accompani…
News in Brief (December 25, 1989)
Quartz Creek Gold Mines (B.C.) has changed its name to Pilot Peak Gold Inc. (VSE) on a 1-new-for-3-old-share basis. Transfer agent is Pacific Corporate Services Ltd.
Obituaries Robert Halet
Dr Robert Halet of Milton, Ont., a geologist instrumental in several significant discoveries, died recently. He was 79. Born in Brussels in 1910, he graduated with a B.Sc. in geological engineering fr…
FINANCING (December 25, 1989)
Foresthill Res — gross proceeds rec $250,000. Annax Ventures — min 500,000 offered @ 50 cents per sh. Kendra Gold — 600,000 shs sold in 300,000 units @ $1 per unit.
Metal Prices (December 25, 1989)
FREE MARKET London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Dec 19 Dec 18 Dec 15 Dec 14 Dec 13 Copper 1488-149…
Hillman increasing Cal Graphite stake
A minority shareholder of Cal Graphite (VSE) is planning to increase its holdings in the junior to more than 15%. Wilmington Securities, a Delaware subsidiary of The Hillman Co., controlled by Pittsbu…
Hottest base metal (December 25, 1989)
It’s being called the hottest base metals discovery since Kidd Creek and the Louvicourt Twp., Que., find of joint partners Aur Resources (TSE) and Societe Miniere Louvem (TSE) brought a sluggish June …
Gold funds as of Dec 19
MVP BGR Central Capital Net value $12.32 $6.37 $0.51 Price $11.25 $6.62 $0.37 Discount 8.69% 4.0% 27.5% Value $7…
Imperial feasibility for Mt. Polley due March
By March, 1990, Imperial Metals Corp. (TSE) expects to have in hand a completed full feasibility study for the Mount Polley copper- gold project, 56 km northeast of this community in British Columbia’…
Letter to the Editor Don’t fix The Miner becaus it ain’t broke’
Before The Northern Miner becomes “Southamized,” I feel that those of us who have spent a lifetime in or associated with the mining industry owe the Pearce family a special vote of thanks for a job we…