Nova-Cogesco board backs takeover bid
Acting on the report of an independent directors committee, the board of directors of Nova-Cogesco Resources (TSE) is recommending shareholders accept a takeover bid by Cambior Inc. (TSE) for all of …
Articles by Northern Miner Staff
Letter to the Editor LAC only just starting along the 04 Break
I am not too impressed by Peter Kennedy’s piece, “Jury still out as LAC drifts onto Kirkland property” (N.M., Jan 9/89), which seems to be riddled with careless errors: The 04 Break has been displaced…
Editorial Newmont’s Canadian connection
Newmont Mining’s involvement in the Canadian mining scene has been a long and illustrious one. The Northern Miner first reported the company’s Canadian presence in 1928 when we said the company’s st…
Platinum mining a growth area for Canada
While Canada’s reputation as a gold producer is well established around the world, the country has a long way to go before its primary platinum mining is taken seriously. Making this point in a recent…
Noranda to earn 51% stake in Durga’s Allan Lake bet
Noranda Exploration has agreed to earn a 51% stake in Allan Lake gold and zinc properties which were acquired recently by Durga Resources (ASE) from Jasi Nikhanj for $500,000. Nikhanj is president of …
Goldfunds (January 23, 1989)
Gold funds as of Jan. 17 BGR Goldcorp Central MVP Capital Net value $11.99 8.77 6.74 0.86 Price $ 9.00 5.625 5.7…
CIM dinner
If the Soviet Union and China are transformed into market based economies, the upsurge in international trade and growth in living standards could rival the expansion experienced in the West following…
Aurogin begins diamond search
Following the signing of an option agreement with Morrison Minerals (COATS) last month, Aurogin Resources (VSE) is now set to join the search for diamonds in Canada. Aurogin has an option to earn a 50…
Hycroft to mix ore from two Nevada mines
Ongoing negotiations have finally culminated in an agreement that will give Hycroft Resources & Development Corp. (VSE) and its U.S. subsidiaries the right to blend ore from the Lewis mine with ore fr…
Duration regains Theresa property
Following a period of uncertainty, ownership of the Theresa gold property near Longlac, Ont., has finally been regained by Duration Mines (TSE). “The return of the Theresa property ends a particularly…
MNDM reorganizes
The Mineral Development and Lands Branch of the Ministry of Northern Development and Mines has been reorganized. “The new structure will help the branch to fulfil its mandate and enhance service to th…
Murray E. Watts, 1909-1982
Murray Edmund Watts is credited with the discovery of the huge Raglan nickel deposits on the Cape Smith belt in the northern Ungava region of Quebec; with the location of the Asbestos Hill asbestos de…