Articles by Northern Miner Staff


Black Swan seeking more Australian gold

After having achieved gold production within three years of a public listing — a rare enough accomplishment for a junior mining company — Black Swan Gold Mines (VSE) now expects to pay back its shar…


Falconbridge adjusts subscription price

Falconbridge Ltd. (TSE) says the adjusted subscription price for its common share purchase warrants, which expire July 27, 1989, will be $24.69, assuming the previously- announced $4.75 per share divi…


JFederal ruling on flow-through

Federal Finance Minister Michael Wilson has ruled that parties in a flow-through share agreement have up to 60 days after entering the agreement to set the price of the shares. This marks a change fro…


Ketza River mine in Yukon second for Canamax

It’s now two down and counting for Canamax Resources’ (TSE) chief executive officer, John Hansuld, who has promised a new mine a year for five years. In fact he’s ahead of schedule with the official o…


FINANCING (August 01, 1988)

ONTARIO Released From Escrow PPC Oil & Gas Cor. — 230,103 shs released. VANCOUVER Vishnu Res — gross proceeds rec $152,000. First Star Egy — opt exerc on 120,000 @ $0.3025. Killick Gold — gross pr…


Cambior eyes Gordex’s new Maritime gold zone

In a small, modern office on Union Street in the downtown core here, Morton Gordon, chairman of Gordex Minerals (TSE) (and six other publicly- listed gold exploration companies), recounts his earlier …



Lac reports higher earnings in 2nd quarter

Second-quarter earnings by Lac Minerals (TSE) were 23% higher than for the same period in 1987, and more than twice those recorded during the first quarter of this year. The Toronto-based gold produce…


Cominco options Tom from Hudson Bay M&S

Cominco Ltd. (TSE) has concluded an agreement with Hudson Bay Mining & Smelting (TSE) to explore the latter’s Tom lead-zinc property in the Yukon. The Tom property is located on the Canol Road, close …


People (July 25, 1988)

HUDSON RESOURCES — Peter Haladin acting as president and director due to the resignation of Joseph Balint.


Santana to test airborne gas detector over Nevada

Explorationists may soon have at their disposal a powerful new method of remotely detecting mineral deposits. The instrumentation is being developed by Skyborne Exploration Canada, which is 51%- held …


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