Articles by Northern Miner Staff

The old Melba gold mine near Kirkland Lake, Ont., is being bought by Canreos Minerals (1980) under an option agreement from Nordex Explosives for an aggregate price of $750,000. Canreos President Koos…

The following is extracted from a brief presented by the Canadian Associatio n of Single Industry Towns at the recent 44th annual mines ministers’ conference, in St. John’s, Nfld. “We believe that t…

An exploration program of surface stripping and sampling is being performed by Glimmer Resources on the company’s 108-claim property in Barnet Twp., Ont. The claims are located in the Harker- Hollowa…

Exploration work worth $275,000 will be spent by Etruscan Enterprises of Vancouver on a gold property in Nevada, President R.J. MacNeill reports. The program, comprising i.p. surveys, drilling and add…

Exploration work is going full tilt at Lingman Lake, near the Manitoba-Ontario border. About 25 people are on site, supporting a mapping, trenching and sampling program under the direction of Durham G…

Estimated reserves at the Magnacon gold project northwest of Wawa, Ont., are strongly exceeding original expectations, the three joint-venture partners report. The companies involved in the project ar…

A short-term pain for long-term gain mining strategy at the Goldstrike mine in Nevada, reduced Franco-Nevada Mining’s royalty and net profit returns during the first quarter of 1987. Franco-Nevada ret…

London Metal Exchange — Didrik Normark and Jon Pither have joined the board.

Nearly four years after Prime Minister Brian Mulroney declared that Canada was open for business, Australian mining companies have been answering the clarion call with an unprecedented wave of investm…

One of the more active junior issues on the Canadian mining scene today, Tandem Resources is still spreading its wings. In excellent financial shape (cash and marketable securities approaching $10 mil…

There’s nothing quite like rising interest rates to send tremors through the market. Following New York and Toronto’s lead yesterday, Vancouver tumbled 22.5 points and by presstime it was down another…

Sept. 8 Sept. 7 Sept. 4 Sept. 3 Sept. 2 Gold London Bullion Dealers afternoon (morning) $US per oz. 456.95(462.75) 463.50(464.40) 464.75(464.40) 463.70(462.15) 463.10(456.55) Gold Bank of Nova Sco…