Faraway slates further drilling on B.C. claims
Additional drilling is slated in l988 on Faraway Gold Mines’ Sam claim group near Equity Silver’s mine southeast of Houston, B.C. Preliminary results from a $500,000 program carried out this year, in…
Articles by Northern Miner Staff
LETTERS TO THE EDITOR “Disgusting letter”
I have read some disgusting letters to the editor but the one to your paper from David Somerville (N.M., Nov 9/87) takes the cake. Big unions against free trade, especially Bob White, he says. I am ag…
Letter to editor Coxheath omitted
I was disappointed to note in your article about Gold fever in Canada (N.M., Nov 16/87) that our company, Coxheath Gold Holdings, was not included as a major player on the Nova Scotia gold scene. With…
Master shareholders asked to bless sale of 5,300,000 shares
Shareholders of vse-listed Master Resources & Developments will be asked to vote Dec 8 on whether or not to allow management to sell some 5.3 million unissued shares that sit in the company’s treasury…
Pamour may lose a parent, adopt a mine
It may be too early in the game to call it a battle, but the action appears to be warming up on the shareholder front at Dickenson Mines, where Pamour Inc. has purchased a 9.9% stake. At the same time…
Northern Miner publisher speaks at annual banquet
M. R. Brown, publisher of The Northern Miner, will be the after- dinner speaker at the Toronto Geological Discussion Group’s annual Christmas banquet this year. Brown, whose career in mining dates bac…
Metal Prices (November 23, 1987)
FREE MARKET London Metal Exchange Spot closing prices in Pound Sterling per tonne Date Nov. 17 Nov. 16 Nov. 13 Nov. 12 Nov. 11 Copper 1412-1413 1450-1460 N/A 1355-1365 1465-1…
Prices, investment gains aid Placer Dome profit
Higher gold prices and recent gains from investments boosted Placer Dome’s earnings for the first nine months of 1987 to $184.6 million or 35 cents per share, on revenues of $603.1 million. This is u…
Visible gold found at Radcliffe’s North Lake
As Radcliffe Resources prepares to drill the fifth of a 10-hole program at its wholly-owned North Lake property 25 miles north of La Ronge, Sask., the company says it has encountered visible gold. Vic…
Monte Carlo, Kidd Res plan amalgamation
An amalgamation proposal has been announced by Monte Carlo Resources and Kidd Resources. Both companies share the same management. The amalgamation must be approved by Kidd shareholders at a meeting s…
Queries Assets of Corona Mines acquired in 1930
Would you please provide some information on the current status of Corona Mines Ltd. As a holder of a Corona stock certificate dated Feb 24, 1928, I wonder if it’s worth anything? N.W. Elliot Lake, O…
Montreal Exchange MSV among movers
Gains early in the week gave way to negative values on the Montreal Exchange, where light trading volumes continue to be the order of the day. The mining and minerals index managed to close ahead on t…