Timmins Nickel Sept 26
Timmins Nickel (TSE) has acquired three more nickel properties near its operating Redstone nickel mine southeast of Timmins, Ont.: the Tontine and Hart properties, purchased for cash and shares from C…
Articles by Northern Miner Staff
Sept 20, 1989 (October 02, 1989)
Amos, Que. (Special) — A modest staking rush has developed recently along what is believed to be a major regional structure, as reported this year by SOQUEM in its 1988-89 annual report. This structu…
Int’l Coast completes study on Polish project
Although risk factors concerning the political environment were n’t taken into account, International Coast Minerals (VSE) has received a positive pre-feasibility study by Wright Engineers for its pro…
Thermal Sept 20
A partnership between Western Copper Holdings, a wholly owned affiliate of Teck Corp. (TSE) and Thermal Exploration (ASE), has been organized to examine the mine-making potential of the Williams Creek…
Placer Dome to explore Wheaton River
Although still subject to shareholder and regulatory approvals, Placer Dome (TSE) has secured an agreement allowing it to explore and develop a large land package held by Skukum Gold (VSE) in the Whea…
Coleraine gets grant
Ressources Minieres Coleraine (ME) has received a $100,000 grant from the Quebec and federal governments. The money will fund a portion of a first-phase evaluation of the company’s ferrochrome project…
Cross-Cuts IN A GOLDEN RUT
South African gold production has remained stagnant at about 620 tonnes per year since 1985. Taking up the slack has been the rest of the non-communist world, which boosted production to 970 tonnes la…
Vancouver Stock Exchange (October 02, 1989)
Trading activity in Vancouver continues to be dominated by companies in Murray Pezim’s stable. But this week most issues under the Prime group umbrella continued to weaken from the lofty highs achieve…
KIDD CREEK #3
Work has begun on the No. 3 mine at the Kidd Creek deposit in Timmins, Ont. That’s not to say you’ll see a third headframe there next year. But it does mean another shaft will be sunk — an internal s…
Deductibility of Exploration Expenses Threatened
The Australian Taxation office has released a draft ruling that would severely limit the tax deductions available to mineral exploration companies. The ruling, which has been circulated to the industr…
Montreal Exchange: Mixed-trading pattern
Mixed trading highlighted a week during which investors mulled over the latest results from the massive- sulphide copper-zinc Louvicourt Twp. project and observed the official opening of a new gold mi…
Carolin active
The class A shares of Carolin Mines were active this week gaining 2 cents on a volume of 134,000 shares. The company owns the old Landner Creek gold mine near Hope, B.C. and another gold property curr…