Articles by Northern Miner Staff

Royex reports 2nd-quarter income of $1.2 million

Net income of $1.2 million before unusual items and $3.4 million (4 cents per share) after unusual items was reported by Royex Gold Mining (TSE) for the second quarter ending March 31. For the same pe…


Cambior earnings up

First-quarter earnings jumped 16.3% compared with the same period in 1987, Cambior Inc. (TSE) reports. Net earnings were $3.6 million (15 cents per share) on revenue of $26.6 million, compared with $…


Newmont Gold’s reserves up 55% to 31 million oz

Just three months after Newmont Gold announced a $404-million program designed to develop its gold deposits on the Carlin trend in Nevada, the expansion policy is beginning to pay off. While reserves …


Sigma earnings up, Kiena income slips

Net income of $1.9 million (23 cents per share) on revenue of $10.3 million was repomted by TSE-listed Sigma Mines (Quebec) for the first quarter this year, compared with net income of $1.67 million (…


LETTERS Interpreting Failure

Your article “The Value of Failure” by William Stanley in the February issue says a great deal about Canadian business and the Canadian banking system. The previous bank manager of the unnamed bank i…


LETTERS IN THE PICTURE

In the January, 1988, issue of The Northern Miner Magazine on page 64, there appeared a picture with the caption “Prospecting the horse-drawn way in New Brunswick.” This picture was taken at a small c…


50 YEARS AGO PROPOSE QUARRYING AT ATHONA PROPERTY

Open-cut methods may be applied for mining the entire granite mass lying between the east and west gabbro contacts at the Athona property in the Goldfields section of the Lake Athabaska area in northe…


Cross-Cuts GOLDEN BUNGLE

Everything was quiet around the Delnite mine property on the night of June 2, 1950. The staff from the gold refinery office had long since cleared out and called it a day. Not 50 yards away in a house…


DRILLING: WHAT”S NEW WATER-JET DRILLS

With financial assistance from the National Research Council, a small, publicly listed industrial research company in Toronto is aggressively pursuing Canada’s hard-rock drilling and bolting market. T…


RESEARCH CHIBOUGAMAU NUGGETS

You may be in for a big surprise if your next drilling project in the Canadian Shield hits a pocket of “salty” brine. That is, you may very well find gold nuggets in that brine. One such nugget, conta…


50 YEARS AGO LAKE DUFAULT ADDS SECOND DRILL

Lake Dufault Mines has moved the second diamond drill on to its property adjoining Waite Amulet in order to broaden the ore search close to the scene of Waite Amulet’s spectacular drill intersections …


SUPPLIERS” NOTES

Joy Technologies of Kitchener, Ont., has booked an order valued in excess of $12 million for the supply of 10 electrostatic precipitators to Chemetics International of Toronto. The units will be inclu…


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