MAS vows to delist Steep Rock shares
After being taken over by a subsidiary of Swiss calcium producer Pleuss-Staufer AG, Toronto-based Steep Rock Resources (TSE) is scheduled to be delisted. MAS Minerals recently purchased over 90% of St…
Articles by Northern Miner Staff
New Nova Scotia coal mine
Work should begin in January, at the latest, on a new dedicated underground thermal coal mine in Stellarton, N.S. The mine has been in the plans of Westray Coal Inc., 50%- owned by Giant Yellowknife M…
First Idaho moves ahead at Montana leach property
Development work is under way at the San Francisco gold property near Philipsburg, Mont., First Idaho Resources (VSE) said recently. First Idaho’s U.S. subsidiary Grand Trunk Resources, holds a 50% in…
Orion start-up costs cut Malartic earnings
Start up costs at Malartic Hygrade’s (VSE) Orion gold mine near Val d’Or, Que., and an unrealized U.S. dollar exchange loss, reduced the company’s earnings during the first half of 1988, Malartic anno…
Aur earnings decrease
On target to begin production at the Kierens zone gold deposit near Val d’Or, Que., later this month, Aur Resources (TSE) of Toronto has reported a drop in its 9-month earnings. Earnings before deferr…
Vancouver Stock Exchange Brokers’ phones starting to ring
August went out like a lamb, and September came in like one too, but brokers do say the phones are beginning to ring now that the holidays are over. While the momentum doesn’t appear to exist for a bo…
Metal Prices PRODUCER PRICES (September 12, 1988)
ALUMINUM: MW U.S. Market $1.27-$1.29 per lb. (Aug 25, 1988). ANTIMONY: New York dealer $1.05-$1.10 per lb. (Aug 25, 1988). BISMUTH: New York dealer $6.10-$6.15 per lb. (Aug 25, 1988). CADMIUM: New Yor…
Magnacon shows-gold bearing veins
Surface exploration of the east Magnacon property, located west of Wawa, Ont., has unearthed several rich gold showings, partners Flanagan McAdam Resources (TSE), Muscocho Exlorations (TSE) and Windar…
Newmont has several deposits but Gold Quarry main producer
Although Newmont Gold Company has more than a dozen gold deposits on its Carlin holdings, about 70% of its production is coming from the Gold Quarry deposit which was first identified in 1979. Develop…
Placer deposits comment not correct
Your article of August 22nd on Queenstakes’ placer operation in the Atlin mining camp of British Colubia was both enjoyable and informative. However, two comments on placer deposits in general were in…
Book Reviews Canadian book on Iron and Steel
Metallurigical works in Canada, Primary Iron and Steel 1988 lists in detail the facilities, productive capacities, products and other data of companies that comprised the primary iron and steel indust…
Octan plans to mine former Terra assets
Calgary-based Octan Resources (ASE) has agreed to acquire Terra Mines’ (TSE) mill and silver properties at Camsell River in the Northwest Territories, the company said recently. Subject to regulatory …