Flow-throughs to fund Marker joint ventures
Marker Resources of Calgary recently completed a $1.4-million subscription agreement with First Exploration Fund 87 to finance exploration activities on joint venture properties in Newfoundland and Ma…
Articles by Northern Miner Staff
Ruttan mine deal closed by Hudbay
Hudson Bay Mining and Smelting has completed the purchase of the Ruttan copper mine from Sherritt Gordon Mines. The mine is located at Leaf Rapids, Man. Terms of the purchase were not disclosed.
Letters to the Editor Setting the record straight
I would like to respond to comments contained in a letter from Henrik Thalenhorst of the Prospectors and Developers Association which you published July 6. As Energy, Mines and Resources Canada takes …
Higher prices for metals brighten Cominco quarter
Selling shares in a subsidiary boosted Cominco Ltd.’s consolidated earnings for the six months ended June 30 to $19.5 million. An extraordinary gain of $17 million was realized from the sale of shares…
Toronto Stock Exchange Record breaking week capped by profit taking
A bout of profit-taking capped another record-smashing week on the Toronto Stock Exchange. Fueled by increasing tensions in the Persian Gulf, gold bullion prices soared on Aug 3 to $478(US) per oz. At…
Editorial The smog of summer
Despite the fact that Canada imposed strict controls on acid- rain-causing emissions from smelters and coal-burning utilities in 1984, our friends south of the border have steadfastly refused to follo…
Editorial Zounds] An NDP government in Ottawa
There’s been a lot of talk lately, impelled by a good deal of media exposure and of course by somewhat astonishing by-election victories, about the possibility of a New Democratic Party government at …
Lithium Corp gets new life; joins in search for gold
A revival is in the works for The Lithium Corp. of Canada. The company, whose Manitoba beginnings can be traced back to 1934, has joined in the hunt for gold. The Lithium Corp., which owns or has inte…
Toodoggone program for Multinational
A first-phase drill program has been completed on Multinational Resources’ Toodoggone area property north of Smithers, B.C. Sixteen holes aggregating 5,036 ft were drilled to test the B zone along str…
Stillwater starts small, aims high
North America’s only producing platinium group metals (pgm) mine just south of here has been in operation for only four months. But already, plans are being laid by the operator, Stillwater Mining, to…
Placer/Dome merger plan comes under Giant fire
Somebody is trying to throw a monkey wrench into Placer Development’s plans to merge with Dome Mines and Campbell Red Lake — and ironically it’s a former Placer executive. Out of the blue, Pamour Inc…
New zone find for Windflower
Exploration crews on Windflower Mining’s Goldfinch property in the Revelstoke division of British Columbia have discovered a new mineralized zone of quartz- carbonate vein and quartz stockwork along S…