Articles by Northern Miner Staff

Calgary-based Octan Resources (ASE) has completed the acquisition of Terra Mines’ (TSE) Camsell River assets in the Northwest Territories which were shut down due to low silver prices in 1985. They in…

Toronto-based Goldex Mines (TSE) will continue to play wait and see with its Dubuisson Twp. property near Val d’Or, Que. After spending $13.4 million since 1985 on surface and underground exploration,…

For 9 months ended Sept 30, 1988. In millions of dollars, except per-share figures. 1987 Assets $121.7 $129.6 Long-term debt $10.0 — Revenue $279.1 $234.3 Earnings (loss) $13.6 $35.6 …

For 9-month period ended Sept 30, 1988. In millions of dollars, except per-share figures. 1988 1987 Assets $1,996,600 $1,815,900 Long-term debt $337,600 $318,000 Revenue $1,160,600 $915,0…

Buyers came back today after a short bout of profit-taking earlier in the week. Traders tacked 12.96 pts to the composite index which closed at 3567.84 pts on volume of 26.1 million shares. Despite a …

Initial drill results from the Ferro Mine property near Snow Lake, Man. have Pierce Mountain Resources (VSE) confident new tonnage will be added to proven and probable reserves estimated by previous o…

For 9-month period ended Sept 30, 1988. In millions of dollars, except per-share figures. 1988 1987 (as of (as of Dec 31/88) Dec 31/87) Assets $795 $750.1 Long-term debt $0.778 $66.0 R…

The president of Hudson Bay Mining & Smelting (TSE), Lloyd Nilsen, runs the safest nickel- mining company in the country. Safe from takeovers, that is. His company’s 813,267 common shares (as of Decem…

Canadian total metallic mineral output in 1988 increased in value by 25.8% to $13.8 billion from $11.0 billion according to a recent estimate by the department of Energy, Mines and Resources. The grea…

A subsidiary of Asarco Inc. has purchased a limestone quarry operator in Virginia. The wholly-owned subsidiary, American Limestone, paid about $2.1 million(US) for Acme Stone, whose quarry is located …

The first applications to the Canadian Exploration Incentive Program (CEIP) are being expected by late April, Peter McLean, Director of CEIP says. The applications will mark the beginning of the new e…

In Canada and increasingly abroad, Placer Dome (TSE) is viewed with a certain amount of reverence — and probably with good reason. Over the years, it has managed to identify, develop, and turn a prof…