Gold and platinum can be found in some ore
The Oct 17th issue of The Northern Miner recently carried an article by Professor Jerry White addressing the promotion of precious metals stocks by “boiler room sales promotions” (N.M., Oct 17/88 Mini…
Articles by Northern Miner Staff
Toronto Stock Exchange Free trade concerns keep index flat and
A much-expected Republican election victory combined with concerns of a Liberal government in Canada kept the market twitching nervously. After a couple of days of steep declines earlier in the week w…
United Keno losing miners
A shortage of skilled miners and low metal prices are affecting silver production at the Elsa Mine, located 500 km north of Whitehorse, Yukon Territory. The Elsa silver mine, owned and operated by Uni…
New consulting firm
Several professional mining engineers and geologists, formerly employees of Robertson & Associates, have established a consulting firm under the name Micon International Limited. The group, in recent …
Minnova boosts Laramide interest
Recently becoming a major shareholder of Laramide Resources (VSE) was Minnova Inc. (TSE) The precious and base metal producer bought 2.5 million shares of Laramide in a private placement at 90 per sh…
Editorial A threat to sovereignty
The greatest threat to Canadian sovereignty today is not free trade but a growing public debt that is running out of control. In recent years, the economy has been humming along nicely. But beneath th…
Financing (November 14, 1988)
Ontario Roxmark Mines — up to 4,000,000 offered @ 20 per sh to net $800,000. Amanda — opt exerc on 150,000 @ 45 per sh. Agio — 600,000 shs offered @ $2.48 per unit. Athabaska Gold — 500,000 shs …
Graphite drawing an exploration crowd (November 14, 1988)
Yet another Canadian mining company has entered the search for graphite. Quebec-based junior Mazarin Inc. (TSE) plans to spend almost $1.1 million between now and next May exploring for graphite, as w…
INSIDER TRADES (November 14, 1988)
Bitech — J. Wade bought 25,000 (Oct, private) to hold 1,100,416. First Can Gold — J. Hahn sold 1,000,000 (Sept) to hold 41,413. Flagship — Moss Res sold 300,000 (Sept, private) to hold nil. Franco-…
Editorial Tomorrow’s leaders
Thomas Meyer wants someday to be a mine manager and Craig Bournes wants to study rock mechanics. The two second- year students at the University of Toronto will likely attain those goals and the minin…
Cream-colored cans clue to mysterious diamond rush
Maxim Pellack’s doubters may have been legion, but that didn’t dissuade him from his belief that Prince Albert, 150 km north of here, and better known for its wheat fields, was in fact diamond country…
Magma Copper third quarter earnings
Magma Copper reports a third quarter 1988 net income of $12.3 million (U.S.), or 32 per common share. This compares to a net loss of $5.1 million for the third quarter of 1987. Total revenue for the …