News-in-brief (December 07, 1987)
Tse- and vse-listed U.S. Precious Metals Inc. has arranged a private placement of 900,000 shares for $629,000. The placement includes warrants good for an additonal 900,000 shares at 85 cents within …
Articles by Northern Miner Staff
EDITORIAL Steelworkers’ irony
It’s ironic that Gerard Docquier would come down so clearly against free trade. His comments as national director of the 160,000 Canadian members of the United Steelworkers of America seem to be an ex…
OBITUARY Amax executive dies
C. Eric Ho, former senior vice- president for tungsten operations in the metals group at Amax Inc, has died, of a heart attack, at age 61. Ho retired from Amax last January after a 29-year career with…
St. Genevieve funding (December 07, 1987)
St. Genevieve Resources and Societe en Commandite Sofimines 1987 have entered into an agreement whereby Sofimines will contribute $326,400 towards the former’s exploration programs in exchange for 65,…
Pickle-Opapimiskan a big producer by 1990s
By the early 1990s, the Pickle- Opapimiskan Lakes area in northwestern Ontario could have four gold mines in operation producing more than 200,000 oz of gold. Such a production forecast, combined with…
Gldn Terrace makes second discovery at Richardson Lk
Deeper drilling, to 500 ft, has doubled inferred reserves on the Richardson Lake property, 70 miles east of Red Lake, Ont. Owned and operated by Golden Terrace Resources the project now has 200,000 to…
Editorial Death throes of apartheid?
Given the present dangerous state of affairs in South Africa, on the face of it it’s probably a good move — certainly a shrewd move — for that country’s mining giants, Anglo American Corp. and De Be…
COATS Trading Features (December 07, 1987)
A generally quiet week is the best way to sum up the performance on coats. Several issues however, did show some life. Clavos Porcupine Mines, which holds a royalty interest on a promising gold play o…
More scholarships to meet industry need for engineers
The Canadian Mineral Industry Education Foundation is widening its horizons. For more than 20 largely-unheralded years, the industry-supported, non-profit foundation has been quietly but effectively w…
Cove-McCoy mine augers well in Echo Bay expansion plans
Edmonton-based Echo Bay Mines, which four years ago produced just 118,000 oz of the yellow metal, plans to pour 550,000 oz next year and is shooting for 700,000 oz in 1989. This incredible growth rate…
ON THE MOVE (December 01, 1987)
The new president of Brampton, Ont.-based Marubeni Construction Machinery Canada is Masayuki (Mike) Kataoka. He replaces N. (Bill) Watanube who returns to Tokyo, Japan as deputy general manager of the…
Profile TWO TESTERS
William Bondar and Malcolm Clegg chuckle about it now, but the time their Whitehorse assay lab mixed up separate core samples from a customer was really no laughing matter. The samples went into a dry…