Whitney Bay directors to steer new course
Toronto-based Whitney Bay Resources (COATS) is moving out of mining and into the industrial sector following a reorganization of the company’s board of directors. The new directors, including Gary Han…
Articles by Northern Miner Staff
Obituary Eugenia Campbell
Eugenia Nadia Campbell, better known as “Gramma Gene,” one of the Red Lake, Ont., area’s most famous pioneers and widow of the discoverer of the Campbell gold mine, died on Feb 26, at age 78. On a far…
Spot prices at a glance (April 03, 1989)
Wednesday, Mar. 29 Price Week’s ($US) Change($) Gold* 383.30 –10.10 Silver* 5.83 –0.23 Platinum* 523.50 –21.15 Nickel** 7.17 –0.18 Lead** 0.27 Co…
Toronto Stock Exchange Firm U.S. buck and high rates keep traders
Another day of directionless trading took hold of the market as the composite index remained essentially unchanged at 3560.90 pts — up 0.15 pts. Volume was a lacklustre 19.29 million shares. High int…
Burnt Timber viable
A pre-feasibility study has concluded that the Burnt Timber gold deposit, owned by LynnGold Resources (TSE) and Trans America Industries (VSE) is economically viable. Located near LynnGold’s MacLellan…
Profile JOUBIN’S JOURNEY
The following are excerpts from the autobiography of Franc R. Joubin, a renowned Canadian geologist who was recently inducted into the Canadian Mining Hall of Fame. The book, entitled Not For Gold Alo…
Editorial (April 03, 1989)
The cost of mining in Ontario is about to go up a notch, and some of the province’s small gold mines will likely suffer most. Unwilling to follow the example set by their base metal brothers by inve…
50 YEARS AGO TODAY CIMM TO MEET IN QUEBEC CITY
Next week hundreds of the first-line representatives of the Canadian mining and metallurgical industry will meet in the historic city of Quebec. The annual convention of the cimm has become the outsta…
Metal Prices FUTURES PRICES (April 03, 1989)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Apr 138.90 — 4.80 May 138.10 136.10 137.40 + 2.60 Jul 130.30 128.70 129.90…
FINANCING (April 03, 1989)
VANCOUVER Digger Res Inc — 600,000 sold for gross $270,000. TSA Expls Ltd — gross proceeds rec $500,000. Agristar Inc — 4,000,000 offered @ $1.497 per sh. Int’l Brace Res — 600,000 shs offered @ 4…
Citadel financing
Citadel Gold Mines (TSE) has received approval from The Toronto Stock Exchange allowing the company to proceed with a private placement of first preferred shares valued at $5.5 million. The shares are…
Orenda Gold no longer exists
I recently inherited 100 shares of Orenada Gold Mines purchased in 1945, and I would like to know if these shares have any current value. If they are of value, how can I redeem them? R.M., Leamington,…