Gold boom
During the gold boom which reached its peak in August, 1987, few juniors had the foresight to begin scouring the landscape for promising base metals properties. Copper was dead and not a soul in his r…
Articles by Northern Miner Staff
Inco, Noranda officers cash in shareholdings
A group of four executives at Inco Ltd. (TSE) and Noranda Inc. (TSE) made substantial amounts recently by unloading some of their holdings in the Toronto-based resource companies. According to the Ont…
Law firms merge
Two Canadian law firms which specialize in natural resources and other areas — Toronto-based Smith, Lyons, Torrance, Stevenson & Mayer and Vancouver-based Angus, McClellan, Rubenstein & Haslam — mer…
Managing Canada’s Mines Better training will be key to success in
“One of the keys to success in the mining business in the 1990s will be better training and more employee involvement,” says professional engineer Harry Ewaschuk who manages Rio Algom’s Quirke uranium…
Toronto Stock Exchange Indices (November 06, 1989)
1989 Oct 31Oct 30Oct 27Oct 26Oct 25HIGH LOW Composite “300” 3918.623887.173884.253886.363906.684037.833353.13 Metals & Minerals 3461.903408.303390.173411.833446.283919.203207.50 Integrated mines 3605….
Base metals revival
It wasn’t too long ago gold was the only game in town and few junior companies had the foresight to look for base metals. How times have changed. Some of the most exciting plays today are in base meta…
News in Brief (November 06, 1989)
Rio Algom (TSE) has declared a semi-annual dividend of 52.5 cents , an increase of 10 cents , on its common shares, payable Dec 4 to shareholders of record Nov 10.
Orient claims
Junior Ressources Orient (ME) has purchased 15 claims in Grevet Twp., near Matagami, Que., in return for 250,000 company shares. The claims lie about 2.5 miles southwest of the VSM/Serem Quebec polyme…
Crown Butte, Noranda compiling results on Montana property
Evaluating a mass of recent drill results from the New World gold- silver-copper property in Montana will be a welcome task for partners Crown Butte Resources (VSE) and Noranda Inc. (TSE) this winter….
Ego plans more drilling on N.W.T. lead-zinc property
Final results have been reported from a 12,000-ft drilling program on Ego Resources’ (TSE) lead-zinc- silver property, 15 km north of MacLeod Bay on Great Slave Lake, N.W.T. A phase-two drill program …
Corona’s quest
Corona Corp. is determined to retain its status as a low-cost gold producer and it is depending on exploration success to do it. It has been involved in projects from Newfoundland to British Columbia,…
Kingswood drilling (November 06, 1989)
A 10,000-ft drilling program is under way at the Bourlamaque property in the area of Val d’Or, Que., Kingswood Explorations 1985 (ASE) reports. The property, about six miles west of the Aur/Louvem cop…