Mining deaths hit record low in 1988
1988 has set a new record low for mining fatalities ever recorded in the United States says the Mine Safety and Health Administration (MSHA) recently. A total of 100 mine fatalities in 1988 is a decli…
Articles by Northern Miner Staff
Battle Mountain options NWT gold property –
A third company has been signed up by joint venture partners Gunnar Gold (TSE) and Mill City Gold (ASE) to explore their 100%-owned Courageous Lake gold property, 150 miles northeast of Yellowknife, N…
Falconbridge to keep shares held by McIntyre for moment
A plan of arrangement allowing shareholders of McIntyre Mines (TSE) to exchange each of their shares for either $64 cash or around 2.52 Falconbridge Ltd. (TSE) common shares, received both shareholder…
FALCONBRIDGE LIMITED
For 9-month period ended Sept 30, 1988. In millions of dollars, except per-share figures. 1988 1987 Assets $2,540.4 $2,457.8 Long-term debt $907.1 $825.8 Revenue $1,465.6 $905.9 Earnings (…
Dolly Varden has funding agreement
A funding agreement has recently been arranged between Yorkton Securities of Toronto and Vancouver-listed Dolly Varden Minerals (VSE). Under the agreement, Yorkton will provide for the distribution to…
Glencairn seeks financing after Aur deal terminates
Glencairn Explorations (ASE) is seeking financing required to place its Feijao Cru diamond property in production. Located in Brazil, the Feijao Cru property hosts alluvial diamond bearing gravels whi…
CIM Symposium
The Hydrometallurgy Section of the Metallurgical Society of CIM is sponsoring an International Symposium on Electrometallurgical Plant Practice in Montreal, Que., on Oct 21-24, 1990 at the Le Grand Ho…
Letter to the Editor Exploration ban in parks results in millions
The announcement on May 17, 1988, that mining exploration would not be allowed in the newly- created park areas in Ontario resulted in the loss of millions of dollars worth of economic activity in Ont…
CORONA CORP (excluding Williams Mine)
For 12-month period ended Sept 30, 1988. In millions of dollars, except per-share figures. 1988 1987 Assets $644.0 $617.4 Long-term debt $87.1 $125.1 Revenue $166.2 $102.1 Earnings …
Cominco Resources increases reserves at Lobo
The Maricunga gold district of northern Chile has at least one obvious parallel to Nevada’s Carlin district in that both regions have the kind of bulk tonnage gold potential that attracts or makes maj…
Noranda announces reserve figure at Mishibishu
Noranda Minerals President Keith Hendrick says Hemlo Gold (TSE), a Noranda subsidiary, has identified geological reserves of 1.7 million tons averaging 0.25 oz gold per ton on Central Crude’s (VSE) Ea…
Investment needed to sustain mine production
Production-sustaining investment at Canadian mine sites has declined some 40 sinc 1981 warn th federa departmen o Energ Mine an Resources. The accompanying graph shows annual production-s…