Golden Reward expects gold output in September
MinVen Gold Corp. (TSE), Coin Lake Gold Mines (TSE), and Moruya Gold Mines, partners in the Golden Reward heap leach project, will soon have a golden reward in metal as well as in name. The first gold…
Articles by Northern Miner Staff
Cominco earnings still on upswing
The latest financial results for Cominco Ltd. (TSE) show a substantial increase in earnings over 1988 levels, primarily due to higher prices for zinc, copper and fertilizers. The company reported cons…
Valdez Creek mine closure affects Am. Barrick income
Toronto-based American Barrick Resources (TSE) continued to benefit from a hedging program which has cushioned the company against the effects of stagnant gold prices. While the price of gold averaged…
Restraint urged for molybdenum producers
An assortment of metals has drawn the recent attention of Roskill Information Services of London, including molybdenum, niobium, tantalum, rhenium, rare metals and rare earths. Molybdenum producers in…
Montreal Exchange (August 14, 1989)
Mining issues active Mining issues again fueled investment activity, with the mining and minerals index on the week jumping more than 154 pts during fairly heavy trading. Volume reached 11.9 million s…
Vancouver Stock Exchange Eskay Creek results lift Calpine 77 cents
Trading activity in Vancouver has picked up somewhat over the past week, much to the relief of the local investment community. Brokers say retail investors are beginning to re-appear on the scene afte…
TVX and Placer Dome plan expansion at Chilean mine
Partners Consolidated TVX Mining Corp. (TSE) and Placer Dome Inc. (TSE) are planning to go ahead with the second stage of development at the La Coipa gold /silver mine in Chile. Toronto-based TVX, whi…
Montreal Exchange Silidor going ahead
Investors in resource issues appeared to enjoy themselves this week, sending the mining and minerals index soaring with a gain of more than 101 pts. The market portfolio also did well for itself, jump…
Noront set to fund exploration programs
Following the recent completion of a $2-million financing, Noront Resources (VSE) is set to continue exploration on four gold properties in northwestern Ontario, and a grassroots program in Newfoundla…
Armistice interested in nearby Kerr mill
A junior mining company exploring property at Virginiatown, Ont., is expressing an interest in acquiring the adjacent Kerr Addison property and mill. Armistice Resources (ME) says it is discussing a l…
Dome Mountain players hold first meeting
Teeshin Resources (VSE) announces that the Dome Mountain joint venture with Canadian-United Minerals (VSE) has held its first management committee meeting. The management committee has accepted the Do…
News in Brief (August 07, 1989)
Steelmaker Dofasco Inc. has concluded the purchase of the remaining 75% of the outstanding shares of Quebec Cartier Mining from USX Holdings of New York, N.Y. Dofasco bought an initial 25% interest in…