Inco Gold prepares to open first mines
Not yet a year old, Inco Gold is already gearing up to open its first gold mine in September, in the Casa Berardi area of Quebec. Then in 1989, two more mines are planned to come on stream, one in the…
Articles by Northern Miner Staff
Muscocho, McNellen close to production on Magino property
The Magino joint venture of equal partners McNellen Resources and Muscocho Explorations expects to make a production decision on its gold property near Wawa, Ont., before the end of June. Muscocho Pre…
Copper demand expected to settle back
The copper “boom” appears to be coming to an end, according to any number of analysts, including Raymond Goldie of Richardson Greenshields. Supply of the base metal in 1988 in the Western world will j…
INSIDER TRADES (March 28, 1988)
Canamax — Amax Gold (Can) bought 83,500 to hold 6,922,057. Chelsea — Northgate bought 1,000,000 (private) to hold 1,000,000 common shares and bought 400,000 warrants to hold 400,000. Gldn Briar — M…
HSK Vigrass results
No economic gold values were assayed in core from an initial drill program completed by HSK Minerals on the company’s Vigrass Lake project near Kirkland Lake, Ont. The program was designed to follow u…
Stephen Roman dead at age 66
Stephen B. Roman, the man who took control of a penny mining stock in 1953 and built it into one of the largest mining empires in Canada, has died. He was 66. A spokesman for Denison Mines said Roman …
Noramex gets results from Nevada drilling
Encouraged by a recently-completed 16-hole drill program, Noramex Minerals and partners Hillside Energy and Calvada Resources plan a $400,000 follow-up program on their Bunce heap leach gold project i…
Belmoral, Yorbeau complete agreement
Completion of an agreement whereby Belmoral Mines will spend $10 million to acquire a 50% interest in Yorbeau Resources’ Astoria gold property in northwestern Quebec, and $5 million to acquire Yorbeau…
Montreal Exchange Revised takeover bid
Although it currently holds 56.5% of the issued and outstanding common shares of Louvem Mines, St. Genevieve Resources appears to be meeting some resistance to its revised takeover bid for the gold pr…
Letters to the Editor A pleasant reminiscence
I worked at the Lake Shore in the early ’30s and your recent Odds ‘n’ Sods story brought to mind an event that happened there. I was a machine runner working for Jone Southall in a stope on the upper …
Echo Bay budget $9.5 million
Echo Bay Mines has budgeted $9.5 million(US) for exploration work on its Kettle and Key gold properties in Washington state this year. The company can earn a 60% interest for an expenditure of $10 mil…
Platinum at Big Trout
The first hole in the current drill program at Big Trout Lake in northwestern Ontario by International Platinum Corp. has returned an assay of 0.15 oz platinum group metals per ton over two feet, pres…