Scotia buys affiliate
Scotia Prime Minerals (ASE) has acquired a private company holding a portfolio of mineral properties in Nova Scotia. Prior to the acquisition, the private company was a 79%-owned affiliate of Scotia P…
Articles by Northern Miner Staff
Yearn for metals built our civilization
Headings such as Bronze Age and Iron Age that measure our progress in civilization do not begin to convey the adrenalin rush that spurred our ancestors to seek out metals in the ground or to attempt t…
COATS (over-the-counter) Dayton gains 35 cents
Several junior gold issues posted modest gains on COATS this week. Up by 35 cents were the shares of Patrick Sheridan’s Dayton Porcupine Gold Mines. The company’s Ross mine east of Timmins, Ont., is …
Managing Canada’s Mines NERCO Aggressive plans mean new life for
Although the Con Mine at Yellowknife has always had a rather lowkey billing because of limited direct public participation, it ranks senior operating status, having turned out over three million oz of…
Metal Prices (October 09, 1989)
FREE MARKET London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Oct 3 Oct 2 Sept 29 Sept 28 Sept 27 Copper 179…
Inco captures Canada Export
Inco Ltd. (TSE) of Toronto is among 15 successful Canadian exporters that have been named winners of the 1989 Export Award. The awards, presented annually by External Affairs and International Trade C…
Kewagama testing Granada samples
Metallurgical test work on material from the Granada gold property near Rouyn-Noranda, Que., indicates over-all gold recoveries in excess of 95% can be obtained from a combination of gravity separatio…
Sikaman merges with private firm
Shareholders of Sikaman Gold Resources (TSE) and Shefford Resources, a private company registered in British Columbia, have voted in favor of merging the two companies. Name of the amalgamated company…
McNickel completes Lac St. Jean drill program
Toronto-based McNickel Inc. (COATS) has completed the first phase of a major drill program on its 40-claim copper-nickel property under option in the Lac St. Jean area of Quebec. Using a cutoff grade …
Correction (October 09, 1989)
Contrary to information published in The Northern Miner last week, a recent report indicating that hole 58 has added 3.8 million tons to the reserve potential at Aur Resources (TSE) and Societe Minier…
Spot prices at a glance Week’s Price (US) Change
Gold*$366.05–$ 3.25 Silver*$ 5.23–$ 0.06 Platinum*$491.70+$ 1.70 Nickel**$ 4.89–$ 0.10 Lead**$ 0.34+$ 0.00 Copper$ 1.30+$ 0.04 Zinc$ 0.76+$ 0.01 Courtesy of Scotiabank. Information above believe…
NovaGold starts gold production at Murray Brook
The Murray Brook gold-silver mine has begun production, NovaGold Resources (TSE) says. Situated in New Brunswick, the mine processed 8,050 tons of ore during its 10-day start-up period to produce 237….