Prospectors criticize tax reform
Proposed tax reform by federal finance minister Michael Wilson which would see the elimination of flow-through funding at the end of 1989 is a “serious over-reaction,” says the Prospectors and Develop…
Articles by Northern Miner Staff
Mary Ellen project funded by Pacific
An exploration program, funded by Pacific Trans-Ocean Resources, has begun on a property optioned from Mary Ellen Resources. Located in Eby Twp., six miles west of Kirkland Lake, Ont., the property co…
Getty tells shareholders not to act on Total ofer
Following an evaluation by Wood Gundy Inc., Getty Resources is advising its shareholders not to tender their shares to Total Resources (Canada). Total has made an offer to buy all the issued and outst…
News in Brief (January 11, 1988)
On Sept 26, the Senate of the United States proclaimed the week of April 24-30 as Mining Awareness Week by adopting Senate Resolution 289. Mining Awareness Week coincides with the dates of amc’s MINEx…
Belmoral on NASDAQ
The common stock of Belmoral Mines of Toronto, which is listed on the Toronto, Montreal and Vancouver stock exchanges, is now trading on nasdaq (symbol bmeef), the over-the-counter market system in th…
Core examined
More than 50,000 ft of core drilled in the vicinity of the F-zone deposit at the Mattabi mine in northern Ontario have been moved from temporary storage for examination. An additional 20,000 ft have b…
Controlling the price of a metal
The dream of great wealth to be obtained from control of the international price of a metal or other commodity has ensnared many an adventurer. It is heady wine and is often carried with an obsession …
New Arseno refractory process of interest to gold miners
When City Resources starts processing ore at its Cinola gold mine late in 1989, it will be using a new refractory treatment process, one that has not previously been used commercially. The Arseno proc…
Mount Wright seeks royalty payment from Exminesa
Legal proceedings by a company controlled by Lac Minerals of Toronto will soon be under way in Spain to collect a royalty owed to it by the mining firm Exploracion Minera Internacional Espana S.A. (Ex…
Galactic releases new Ivanhoe results
Vancouver-based Galactic Resources and partner Cornucopia Resources have released some new drill results from the Ivanhoe joint venture gold property at Carlin, Nev. Galactic Chairman Robert Friedland…
Queries Rayrock drills Rembrandt’s Bellevista
My mother had 1,000 shares of Rembrandt Gold Mines (formerly 5,000 New Taku Mines) certificates dated Nov 10, 1981. While Rembrandt was apparently delisted and written off as having no value, the is…
New York gold show aimed at the investor (January 11, 1988)
With the pall of Black Monday still hanging over world stock markets, more professional and private investors are taking a close look at gold as an investment which has remained stable, yet still offe…