Metal Prices PRODUCER PRICES (October 16, 1989)
ALUMINUM: MW U.S. Market US79.500 cents – 81.00 cents per lb. (Oct 5, 1989). ANTIMONY: New York dealer US94 cents -98 cents per lb. (Sept 14, 1989). BISMUTH: New York dealer $4.80-$4.90(US) per lb. (…
Articles by Northern Miner Staff
Redstone picks up interest in Falconbridge Dominicana
A 1% interest in Falconbridge Dominicana has been purchased by Redstone Resources (TSE). The deal gives Redstone an interest in one of the world’s largest nickel mining operations controlled and opera…
Vancouver Stock Exchange Traders skittish as index declines
The Vancouver Stock Exchange isn’t looking too exciting for investors, brokers and market watchers these days. Trading activity in recent weeks has slumped considerably since the heady weeks in August…
Oliver and partners drill Kitsault Lake gold project
Tanqueray Resources (VSE) and its partners Aber Resources (TSE) and Oliver Gold (VSE) have started a drill program on their 46,750-acre Kitsault Lake gold property south of Stewart, B.C. The property …
Canyon buying Addwest
Canyon Resources (NASDAQ) has exercised an option to buy the assets of Addwest Gold for $33 million(US) plus a 2% royalty on gold production from the Briggs property in California. The option to acqui…
Editorial The Keevil legacy
Norman Keevil Sr.’s legacy to the mining industry is something of a paradox. An academic by training who took justifiable pride in his published work, he was also the essence of mining’s entrepreneuri…
Crown Butte has three rigs at Miller Creek discovery
Three rigs are continuing to drill the Miller Creek zone on the New World property in Montana where Crown Butte Resources (VSE) and project manager Noranda Exploration recently made a new gold-silver-…
Aur considers Val d’Or smelter
Construction of a smelter, at a capital cost that could reach $350- million, is being considered for any ore mined from the Aur Resources (TSE), Societe Miniere Louvem (TSE) base metal discovery. Whil…
Golden Point reports Wawa project results
A $300,000 exploration program has been recommended to follow up a gold-bearing quartz vein system on Golden Point Exploration’s (ASE) McMurray Twp., property near Wawa, Ont. The 41-claim property is …
COATS (over-the-counter) Gold issues gain
A group of junior companies with gold properties in Chester Twp., Ont., continued to see active trading again this week although there has been little news released regarding drill results obtained on…
Corona awarded Rambler
Corona Corp. (TSE) has been awarded the rights to the Rambler North properties from the Newfoundland government. A proposal submitted by Corona and Goldbar Resources, a Newfoundland-based junior explo…
High grade ore shoot drilled by Biron Bay
Results just released by Biron Bay Resources (ASE) from the Summit gold project in New Mexico indicate that the property contains a high grade ore shoot within a gold- silver deposit delineated by ear…