Articles by Northern Miner Staff

Golden Pond project success of Casa Berardi area

A discovery by Inco Ltd. (TSE) geologists in 1981 of a gold deposit lying about 60 miles north of La Sarre, Que., recently became a producing mine (Golden Pond East), a positive sign for the Casa Bera…


How Newmont tries to balance financing, risk-taking

From an address to the Financial Times World Gold Conference by Gordon R. Parker, chairman, president and chief executive officer of Newmont Mining Corporation. To talk about financing companies is to…


Kimex drilling

Two drill holes on property in Beauchastel Twp. in northwestern Quebec have intersected “very interesting copper values,” Kimex Resources (ME) reports. The property is located 15 miles west of Rouyn-…



COOKIE JAR MINING

Gordon Strasser, a 59-year-old mining engineer, calls it “cookie jar mining.” The term describes a new method of mining those isolated pockets of rich gold mineralization which are too small to justi…


Cambior, Audrey sell gold forward

Two mining companies in northern Quebec, Cambior Inc. (TSE) and Audrey Resources (TSE), recently revealed details of forward sales of production. Cambior will deliver, during the last four months of 1…


Law DUE DILIGENCE

The phrase “due diligence” is familiar to most people in the business world, but how many people really know what it means? To the average business person, the phrase indicates an extensive, comprehen…


Specs SECURE GROUND

As our mines grow older, our miners are working in stopes which are deeper and deeper underground. Some stopes are 6,000 ft below surface and two new base metals discoveries in the Sudbury Basin — th…


Metal Prices PRODUCER PRICES (October 03, 1988)

ALUMINUM: MW U.S. Market $1.115-$1.14 per lb. (Sept 22, 1988). ANTIMONY: New York dealer $1.05-$1.10 per lb. (Aug 25, 1988). BISMUTH: New York dealer $6.10-$6.25 per lb. (Sept 8, 1988). CADMIUM: New Y…


MSV buying out Eastmain partner

Quebec junior MSV Resources (ME) plans to go it alone at the Eastmain gold project near James Bay. MSV has announced it has entered into an agreement with project partner Placer Dome (TSE) to purchase…


More production likely at Harker Holloway gold camp

Until American Barrick Resources (TSE) opened its Holt-McDermott gold mine in an extravagant ceremony recently, Ontario’s Harker- Holloway area hadn’t seen a new mine for as long as any of the guests …


World Gold ’89

In the fall of 1989, a major symposium focusing on all aspects of the gold mining industry of North America and Australia will be sponsored jointly by the Society of Mining Engineers of AIME and Austr…


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