Articles by Northern Miner Staff

News in Brief (July 03, 1989)

Wolf River Resources has changed its name to Interchem (N.A.) Industries Inc. (IID:VSE) on a share-for- share basis. Transfer agent is Pacific Corporate Services Ltd.


Two mining projects receive gov’t grants

Government grants for infrastructure work at two mining projects in northwestern Quebec have been awarded to Cambior Inc. (TSE) and Ressources Minieres Rouyn (TSE). The federal and Quebec governments …


Metal Prices (July 03, 1989)

FREE MARKET London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date June 27 June 26 June 23 June 22 June 21 Copper 1596…


INSIDER TRADES (July 03, 1989)

Bema Gold — Bema Ind. sold 250,000 (May, private) @ $1 to hold 708,350. Black Hawk — G. Bub bought 100,000 (June) @ 39 1/2 cents to hold 100,000. G. Hughes bought 90,000 (June) @ 29 cents -48 cents…




MRI seeking new ventures to replace Nanisivik

With a banner year for earnings behind it and another one shaping up, Mineral Resources International (TSE) continues scanning the horizon for new opportunities and sources of revenue. “We could easil…


Malartic acquires Congress mine from Echo Bay

Seeking a foothold in the U.S., Malartic Hygrade Gold Mines (VSE) of Toronto has acquired the Congress gold mine in Arizona from Echo Bay Minerals (TSE). The deal gives Echo Bay 400,000 Malartic commo…


First year gold output 33,000 oz for Crown

Gold output at the Kettle River project of Echo Bay Mines (TSE) and Crown Resources (NASDAQ) is expected to reach about 110,000 oz in the first year, 33,000 oz of that total accruing to Crown Resource…


Placer completes Paymaster purchase

Placer Dome (TSE) has completed the purchase of a 60% interest in the Paymaster gold project at Timmins, Ont. American Reserve Mining (VSE) has received $18.2 million in cash for the sale of both the …


Noranda in place to take control of Aur discovery

Toronto-based Noranda Inc. (TSE) is quietly positioning itself to take advantage of a massive sulphide discovery reported recently by Aur Resources (TSE) and Societe Miniere Louvem (TSE) at the Louvic…



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