analysts’ Comments
A gold producer for more than 30 years, LAC Minerals (TSE) is faring quite well, thank you, and is on target to produce a half-million ounces gold by 1991, that figure not including output from the Pa…
Articles by Northern Miner Staff
Acquisitor, Stabell pleased by drilling
Further assays from the Vein No 5 area of the Dubuisson gold property at Val d’Or, Que., have been released by Acquisitor Mines (VSE) and joint venture partner Stabell Resources (ME). Hole RS-213, dri…
Min Ven solves problems
A seepage problem that interrupted production last year at MinVen Gold Corp.’s (TSE) Gilt Edge mine in South Dakota is being repaired successfully, the company reports. The South Dakota Department of …
Orofino looks to Scadding for improved balance sheet
Toronto-based Orofino Resources (TSE) was forced to bring out the red ink when reporting its financial results for fiscal 1988. But the 52%-owned Northgate Exploration (TSE) subsidiary, is hoping that…
Metal Prices FUTURES PRICES (January 23, 1989)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Jan 158.70 156.50 158.70 + 14.00 Mar 149.50 145.20 148.80 + 5.10 May 137.60 133.80 …
Atlanta doesn’t welcome U.S. Gold’s buying spree
Denver-based US Gold Corp. has taken a large share position in Atlanta Gold Corp. (VSE) whose principal asset is the Atlanta gold property in Elmore Cty, Idaho. US Gold has been tight-lipped about its…
Encouraging results from deep-drilling at Armistice bet
Three more encouraging drill- core sections have been reported by Armistice Resources (ME) from the company’s deep drilling gold project at Virginiatown in northern Ontario, next to the long-producing…
Minnova/Syngold find ore grade gold at Donalda
Underground exploration is confirming the presence of ore grade gold mineralization at the Donalda gold property, held by partners Minnova Inc. (TSE) and Syngold Exploration (TSE). The property is nea…
Editorial Losing jobs, gaining control
It’s never an easy decision to cut jobs, but in the case of the federal department of Energy, Mines and Resources’ plan to eliminate about 340 positions over the next three years, it’s the right decis…
Minerals symposium
Potential climatic changes, environmental issues and increasing demands for corporate information from shareholders and regulatory bodies are bound to affect how mining companies do business in the fu…
MSV’s Eastmain bet site of winter drilling
A winter drilling program is under way on the Eastmain gold property in northern Quebec, near James Bay, MSV Resources (ME) reports. The program will involve drilling 60 holes representing 8,000 m. Co…
Spot prices at a glance (January 23, 1989)
Week’s Price (US) Change Gold (per oz) $402.85 –$ 0.65 Silver (per oz) $ 5.94 +$ 0.03 Platinum (per oz) $525.00 –$ 1.00 Copper (per lb) $…