Articles by Northern Miner Staff




Ridgeway boosts Galactic earnings

With the Ridgeway gold mine in South Carolina still surpassing projections, Galactic Resources (TSE) emerged with its bottom line firmly in the black for the first nine months of 1989. The Vancouver-b…



Correction (November 27, 1989)

Contrary to what was reported (N.M., Nov 20/89), Quebec businessman Jacques Forget holds a 6.3% stake in Dumagami Mines (TSE) through his Montreal-based investment firm Invesfor.


IOCC GOLD OPTIONS (November 27, 1989)

Options Open SeriesVolumeLastInterest Feb 370 C * 43840.50 676 Feb 380 C * 67232.801,230 Feb 390 C * 37322.001,396 Feb 400 C .1,39718.002,768 Feb 410 C * 61812.50 274 Feb 420 C .2,099 9.50 850…


Spot prices at a glance (November 27, 1989)

Week’s Price (US) Change Gold*$406.60+$16.10 Silver*$ 5.80+$ 0.43 Platinum*$532.50+$22.10 Nickel**$ 4.35$ 0.19 Lead**$ 0.30$ 0.02 Copper$ 1.12–$ 0.07 Zinc$ 0.63$ 0.03 Courtesy of Scotiabank….


Editorial Time to bury the flow-through myth

It is time to put an end to the myth of flow-through financing. It was a method of financing mineral exploration that did more harm than good to the industry. It has reinforced all the negative aspect…


No blasting necessary Photo by The Northern Miner

About 35 prominent mining men came out to Howden Canada’s manufacturing plant in Scarborough, Ont., recently to witness the official unveiling of a tunnel-boring machine, designed specifically for har…



Barrick and LAC deals tap into new gold rally

American Barrick Resources (TSE) and LAC Minerals (TSE) have wasted little time in capitalizing from the 4-week-old gold rally. Moving quickly to take advantage of renewed investor interest in senior …


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