McAdam drifting at Spud Valley
Exploration drifting on the Linton North vein at the Spud Valley gold project on Vancouver Island continues to yield positive results on the 7A sublevel, 60 ft updip from the 7 level, McAdam Resources…
Articles by Northern Miner Staff
Potash Corp. listed
Trading in the shares of Potash Corporation of Saskatchewan (TSE) began trading on an “if, as and when issued basis” on The Toronto Stock Exchange. The common shares of the company were to trade on a …
Northgate increases stake in Geddes after Cominco buys 17%
Toronto-based Northgate Exploration (TSE) was prompted recently to protect its investment in the Windy Craggy copper gold project by increasing its stake in Geddes Resources (TSE) to 42% from 31%. Nor…
Total Energold options Tarzan-Glen Auden claims
Vancouver-based Total Energold (TSE) has increased its interest in the Casa Berardi gold belt by optioning a parcel of claims from junior companies Glen Auden Resources (TSE) and Tarzan Gold (ASE). A …
Cameco project closely watched
Aur Resources’s big base metals find in Quebec is not the only project being watched by investors. In Saskatchewan, about 35 miles west of Flin Flon, Cameco, a government mining agency and Trimin Reso…
Alberta Stock Exchange Kingswood leader
Investor attention focused on the Val d’Or, Que., region this week as market watchers waited for more results from the massive sulphide discovery of Aur Resources and Societe Miniere Louvem. All of th…
Timmins hits
Another strong intersection has been drilled by Timmins Nickel (TSE) on the company’s Redstone nickel mine property near Timmins, Ont. The company has been drilling deep holes designed to test the min…
COATS (over-the-counter) Teddy Bear steady
Teddy Bear Valley Mines was steady at $1.50-1.60 this week after posting a gain of more than a dollar last week on news of encouraging drill results released from a joint venture involving Noranda and…
Spot prices at a glance (November 13, 1989)
Week’s Price (US) Change Gold* $386.95 +$13.35 Silver* $ 5.27 +$ 0.10 Platinum* $494.25 +$ 7.00 Nickel** $ 4.67 –$ 0.15 Lead** $ …
Rio Algom increases stake in Pan Orvana
Resource giant Rio Algom (TSE) increased its stake in privately held Pan Orvana Resources through a private placement of 500,000 common shares priced at $1.10 per share. The purchase brings Rio Algom’…
LAC expands White River holdings
Toronto-based LAC Minerals (TSE) has expanded its land holdings east of the Hemlo gold camp in northern Ontario. The company has staked at least 650 new claims near White River, Ont., while at the sam…
Callahan losses total $3.3 million
Arizona-based Callahan Mining (NYSE) is reporting a loss of $3.3 million(US) or 43 cents per share for the first nine months of 1989. The company reported a loss of $1.89 million or 25 cents per sha…