Articles by Northern Miner Staff


Letters to the Editor Devon R&D centre not closing

In the editorial page of your edition of Oct 2, 1989, you allude to cuts in R&D in surface mining at one of the Canada Centre for Mineral and Energy Technology (CANMET) laboratories at Devon, Alta., t…


Several nickel projects alive despite price decline

The base metal price boom of 1988 may be fading into history now, but the legacy of new nickel projects it left behind still endures. It was nearly a year ago this month, for example, when Hudson Bay …


News in Brief (October 16, 1989)

Azora Minerals has changed its name to International Azora Minerals Inc. (IAZ:VSE) on a 1-new-for- 4-old share basis. Transfer agent is Montreal Trust Company.


Nevada Goldfields reports net loss

For the fiscal year ended June 30, Nevada Goldfields (TSE) reports a net loss of $15 million, compared with a net income of $2.8 million a year earlier. The loss includes a combined writedown of $8.2 …


FINANCING (October 16, 1989)

ONTARIO Cochise Res — final reciss offer 1,800,000 @ $2.25 per sh to net $2,449,800. VANCOUVER Braemount Res — gross proceeds rec $500,000 Canadian Patricia Expl — gross proceeds rec $360,000 Grac…


Placer almost done draining Paymaster

A mine dewatering program is nearly 80% complete on the Paymaster property which is being explored by 60/40 joint venture partners Placer Dome (TSE) and American Reserve Mining (VSE). The property, wh…


Perrex flow-through

Calgary-based Perrex Resources recently entered into an agreement with NIM Resource — 1989 and Co. Ltd. in which Nim is subscribing for $500,000 common shares of Perrex. Proceeds of the subscription …


American Reserve raises fuinds for Paymaster work

Vancouver-based American Reserve Mining (VSE) has entered into a financing agreement with CMP 1989 II Resource Partnership for the sale of flow-through shares worth $1.4 million. The share purchase pr…


Ned Goodman at CIM

Ned Goodman, the chairman and founder of Corona Corp., one of Canada’s largest gold producers, will be the guest speaker at the Canadian Institute of Metallurgy — Toronto Branch luncheon on Oct 19. S…




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