Articles by Northern Miner Staff

ALUMINUM: MW U.S. Market $1.085- $1.105 per lb. (Apr 14, 1988). ANTIMONY: New York dealer $1.08-$1.13 per lb. (Apr 14, 1988). BISMUTH: New York dealer $5.70-$5.85 per lb. (Mar 24, 1988). CADMIUM: New …

Drilling has resumed on the 40%-owned Michaud property of Garrison Creek Consolidated (COATS), about 60 miles east of Timmins, Ont., President William Harrison says. The work is being funded by The Co…

The Fork Lakes joint venture has decided to proceed with a $6-million underground exploration program on the Fork Lakes gold property about 80 miles northeast of La Ronge in northern Saskatchewan. Par…

If the shareholders of New Quebec Raglan Mines (TSE) were hoping that a sudden upsurge in nickel prices would encourage the company to harness its huge nickel deposit at Ungava, Que., they came away f…

It’s sometimes difficult to separate reality from wishful thinking when it comes to judging the success of the mineral exploration industry’s campaign to save flow-through financing. The issue itsel…

A $33-million(US) credit facility has been established by Plexus Resources Corp. (TSE). Completed with Elders Resources Finance, based in Sydney, Australia, the deal also gives Elders warrants with wh…

“I have been involved in many, many deals over the years, most of them unsuccessful, and it took me a long time to learn that you bet on people, not ideas.” — Leo J. Thibodeau. As he presides over t…

Excellent values have been secured in the No. 6 drill hole at the former property of Baldwin Kirkland, now operated by Lucky-Kirkland Gold Mines, S. L. Macdonald tells The Northern Miner. The drill cu…

Westfield Minerals (TSE) says a small geological deposit of about 200,000 tons with economic grades of copper, zinc, silver and gold has been outlined on the Big Island Lake property near Flin Flon, M…

Vancouver-based Galactic Resources (TSE) and partner BP Minerals America have successfully negotiated a $56-million(US) gold loan to finance construction of the Ridgeway gold mine, at Ridgeway, S.C. T…

Some encouraging gold intersections have been returned from Dutch Creek Resources’ (VSE) Wisconsin property near Nelson, B.C. The company says that recent exploration work “encountered at depth the wi…

Results from a drill hole on the Eastmain gold project in northern Quebec have management at MSV Resources (ME) and Placer Dome (TSE) smiling. Assays from hole 332-45 over a 32.6-ft length revealed an…