CORRECTION:
Contrary to what was reported in the June 26 issue of the Northern Miner, a unit of Crown Butte Resources (VSE) is under way with a $1.5 million(US) drill program on the New World property in Montana …
Articles by Northern Miner Staff
Toronto Stock Exchange Indices (July 10, 1989)
1989 July 4 July 3 June 30 June 29 June 28 HIGH LOW Composite “300” 3756.30 Holiday 3760.91 3743.46 3766.57 3806.03 3353.13 Metals & Minerals 3263.34 Holiday 3278.08 3263.21 3292….
LAC makes zinc-gold discovery near its Toqui zinc mine in Chile
An estimate of reserves from a new polymetallic discovery made by LAC Minerals (TSE) on the company’s Toqui property in Chile is expected by this fall. “By late September, we’ll have some firm numbers…
RFC dewatering program starting at Pend Oreille
Preparatory work for a major dewatering program is under way at RFC Resource Finance Corp.’s (VSE) Pend Oreille zinc mine in Washington State. The company has an option to earn a 100% unencumbered int…
FINANCING (July 10, 1989)
Canmark Int’l Res — min 600,000 offered @ 40 cents per sh Liberty Gold Corp — min 400,000 offered @ 44 cents per sh Broadwater Devel — 650,000 sold for gross $260,000 Cannelle Expl — min 625,000 …
Letters to the Editor Juniors quick to accept rock mechanic
You editoria o Ma 1 (Roc mechanic researc shoul b pu to use), while accurate in extolling the merits of applying numerical modelling techniques to mine design, did a great disservice to the efforts of…
Report studies mining’s use of chemicals
The mining industry will provide a healthy boost to chemical producers in 1990 as new ore processing methods are developed that require new chemical compounds, says chemistry industry consultants Hoch…
Win-Eldrich needs $3.1 million for Nevada gold mine
Armed with a positive feasibility study for its Ashdown gold deposit in Nevada, Win-Eldrich Mines (TSE) is pondering ways to raise the $3.1 million(US) needed to begin production at the proposed open …
Goldfields, Hanson merger may spark battle for Newmont
Consolidated Goldfields PLC has agreed to a merger with Hanson PLC, both British companies, in a $5.5-billion deal that might ignite a round of bidding for Newmont Mining (NYSE) and its Carlin Trend g…
Battle for Atlanta still not over
The battle for control of Atlanta Gold Corp. (TSE) took another turn as U.S. Gold Corp. (NASDAQ) challenged the validity of certain proxies voted in favor of management at Atlanta’s recent annual meet…
Centurion/Western States joint venturing new mine
Adding to its board of directors appears to have been an astute move for Centurion Gold (NASDAQ). After years of indecision the company has finally moved to exploit the potential of its long dormant Z…
Metal Prices FUTURES PRICES (July 10, 1989)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Jul103.70 100.80 101.00 — 4.80 Sep101.80 99.80 100.45 — 3.45 Dec100.50 98.65 …