Metal Prices FUTURES PRICES N.Y. Commodity Exchange (May 04, 1987)
Week’s High Low Close Change COPPER (in US cents per lb.) May 62.15 61.60 62.05 — 1.30 July 62.15 61.65 62.05 — 1.10 Sep…
Articles by Northern Miner Staff
Investment Comment Second gold rush led by ERG
One man’s waste is another man’s gold. A trite expression to be sure, but a true one nonetheless. And it is one that is starting to be given serious consideration in the mining industry. A company tha…
SMDC discovery at Oven Lake
Reconnaissance drilling, performed by the Saskatchewan Mining Development Corp. (SMDC), has resulted in a gold discovery on the Oven Lake property north of La Ronge, Sask. Other partners in the projec…
News-in-brief (May 04, 1987)
Three shallow holes have been completed so far on a joint-venture project involving Baroque Resources, Petromet Resources and Royex Gold Mining in the Casa Berardi area of Quebec. Some 72 split core s…
Canadian bioleaching technology could get mine test in Australia
Vancouver-based Giant Bay Resources has taken an important step in putting its low-cost bioleaching technology to the test in an actual mining application. Last week the company signed a joint venture…
Scintilore leaps into Hemlo fray
Warfare over the billion dollar Hemlo, Ont., gold discoveries is far from over. Another combatant has entered the fray. Scintilore Explorations, a Toronto Stock Exchange-listed junior exploration comp…
Precious metals surge would spur Agnico-Eagle
The surge in precious metals prices, if maintained, promises to have a profound effect on the earnings of Agnico-Eagle Mines, especially for its silver division which has been building up a strong and…
Getty options claims from Esso Minerals
Getty Resources has signed an option agreement with Esso Minerals giving Getty the right to earn a 51% interest in Esso’s property north of Timmins, Ont. Located in Tisdale Twp., the claims are immedi…
Canamax, Bruneau up Clavos reserves
New reserve figures have been calculated by partners Canamax Resources and Bruneau Mining for the Clavos Porcupine Mines property, northeast of Timmins, Ont. Drill-indicated geological reserves stand …
Centurion nearing final feasibility
A final feasibility study should be completed later this year on a placer gold project in northeastern California being optioned by Vancouver-listed Centurion Minerals. In-fill drilling is currently u…
LETTERS Subsidiary
Pamela Phillips’ article on the Ketza River property in the january is incorrect in its reference to the 20% net proceeds interest is held by Ketza River mines Ltd., a subsidiary of Conwest, rather th…
LETTERS Only Surveyors survey
I am writing this letter to point out an error with respect to the caption under the photograph on page 35 of the March, 1987, issue of your magazine (Engineers survey property lines). Contrary to muc…