Euro-Nevada obtains Castle Mtn. royalty
Toronto-based Euro-Nevada Mining (TSE) has reached an agreement to buy a 4% net smelter return royalty interest in 540 acres of land on Viceroy Resources’ (TSE) Castle Mountain gold property. Located …
Articles by Northern Miner Staff
Steel demand gaining in strength
Consumption of crude steel in the non-Communist world is expected to rise by 6% this year over 1987 levels, to 478 million tonnes, delegates to the 22nd annual conference of the International Iron and…
Mining research network would cost $50 million
The nation’s nine mining degree granting universities are planning to establish an elaborate, coast-to-coast research network which would cost about $50 million over four years. They recently presente…
Chile gold boom attracts Canadian firms
Favorable foreign investment laws combined with attractive gold potential have convinced some Canadian mining firms that risk taking in the mountains of Chile is bound to pay off. Currently the third …
Graphite play viable Stewart Lake says
A prefeasibility study for the Kirkham graphite deposit north of Kingston, Ont., has been completed, Stewart Lake Resources (TSE) says. The study, completed by Kilborn Ltd., a consulting engineering c…
MinVen finds gold in South Dakota
The first gold button has been poured from the Gilt Edge Mine owned by Colorado-based MinVen Gold Corp. (TSE). Located near Deadwood, South Dakota, the Gilt Edge Mine is owned and operated by MinVen’s…
Mill tune-up phase begins at Mark V bet
The first of several test milling runs was recently completed at Mark V Petroleums and Mines’ (VSE) Bagdad gold property near Philipsburg, Mt., where the Vancouver company is tracking a number of high…
Spot prices at a glance (October 17, 1988)
Week’s Price (US) Change Gold (per oz) $404.70 $7.45 Silver (per oz) $6.26 $0.04 Platinum (per oz) $517.00 $10.00 Copper (per lb) $1.27 $0.08 Lead (per lb) …
Canaco earning interest
An option agreement has been reached by Canaco Mining Resources (ME) with Cambior Inc. (TSE) whereby Canaco may acquire a 45% interest in the latter’s Rouyn- Merger property located several miles east…
Starrex’s Star Lake mine sparks gold rush in Sask.
The Star Lake gold mine in northern Saskatchewan is one of the pleasant stories in recent Canadian mining. In commercial production since the beginning of 1987, its success has sparked somewhat of a g…
Belore pleased with Meat Cove assays
Trenching results from the Meat Cove property have returned several encouraging assays, Belore Mines (ASE) says. Held under option from United Reef Petroleum (TSE), the Meat Cove property is located o…
INSIDER TRADES (October 17, 1988)
Amir — G. Nordin sold 125,000 (July, private) to hold 10,600. Bar Res — D. MacLeod sold 260,650 (Sept, private) to hold nil. Breakwater — R. McDonald sold 30,708 (Sept) to hold nil. Canuc — R. Gun…