Photo by The Northern Miner (September 04, 1989)
Murray Pezim kisses a core sample taken from the Eskay Creek project being drilled by Calpine Resources. Skip Lemarier with the Norseman aircraft.
Articles by Northern Miner Staff
Alberta Stock Exchange Pezim company moves
As indicated by the trading pattern this week of International Viking Resources, investors have already noted the connection between the Vancouver-based company and the big gold discovery in British C…
Metal prices rebound after lengthy slide
Sliding metal and mineral prices in July helped bring the all-commodity index of Scotiabank down by 0.3% from the previous month. Oil prices were also lower that month, offsetting gains in forest prod…
Gold funds as of August 29
MPV BGR Central Capital Net value $11.66 $ 5.87 $0.57 Price $ 9.75 $ 5.88 $0.34 Discount 16.38% 0.1% 40.3% Value $69,422,250 $98,795,506 N/A…
Falconbridge board backing Noranda-Trelleborg offer
The board of directors of Falconbridge Ltd. (TSE) is recommending to shareholders they accept the $37-per-share takeover offer of Noranda Inc. (TSE) and Trelleborg AB of Sweden. The directors previous…
McNickel drilling confirms surface find
First results from drilling on McNickel Inc.’s (COATS) copper- nickel deposit in Quebec include 18 ft in hole No 5 averaging 0.73% nickel and 0.25% copper. That section came within a broader interval …
Aur calls bailiff to seize shares pending lawsuit
A cloak and dagger style raid on St. Genevieve Resources’ (TSE) Montreal offices is the latest event in a continuing dispute between St. Genevieve and Toronto-based Aur Resources (TSE). On Aug 23, bai…
Cominco drilling Calnor gold bet
A surface diamond drill program by Cominco Ltd. (TSE) has started on the Spectrum gold property located in the Liard Mining Division in northwestern British Columbia. Cominco has an option to earn a 6…
Bitech to go underground at Nugget Pond property
After outlining a small but high- grade gold deposit on its Nugget Pond property in northern Newfoundland, Bitech Corp (ASE) is set to launch an underground exploration program this fall. Although it …
Bullish outlook for base metals from Australian analyst
An Australian-based securities firm falls into the bullish camp for base metals when looking ahead to 1990 and beyond. J. B. Were & Son, in a recent publication, foresees supply rising to meet demand …
Piedmont boosts gold production by 56%
Despite persistently wet weather that hampered operations at its Haile heap leach mine in South Carolina, Piedmont Mining (NASDAQ) managed a 56% increase in gold production for its second quarter whic…
Ego starts drilling on N.W.T property
The first phase of a 12,000-ft diamond drilling program has started on the BB and Kennedy Lake properties under option to Ego Resources (TSE) and Asquith Resources (COATS), north of Great Slave Lake, …