Accounting policy change adds to Galactic loss
A much more conservative accounting policy has been adopted by Galactic Resources, major gold producing asset of which is the Summitville mine in Colorado. As a result, Galactic reported a year-end ne…
Articles by Northern Miner Staff
Canadians find gold on Aruba
In something of a coup, a little known junior Canadian mining company, Monte Carlo Gold Mines, has obtained the exclusive mining concession to this beautiful Dutch island in the Caribbean Sea just 15 …
Letters to the Editor Gordex not first
A story in a recent issue of The Northern Miner states that Gordex is Canada’s first gold heap leaching operation. This is not true. Anaconda Caribou treated 60,000 tonnes of gossan ore grading 0.156 …
Syngold on TSE
Active in Ontario and Quebec, Montreal-listed Syngold Exploration is now also listed on the Toronto Stock Exchange effective April 1. The original tse listing in the mining category is for 8,544,553 s…
New LME contract in U.S. dollars
A new aluminum contract denominated in American dollars will begin trading June 1 on the London Metal Exchange (lme). The new contract, which will have a delivery point in Singapore, the first outside…
Production nearing for Ketza River gold
An in-house feasibility study prepared by Canamax Resources and audited by Wright Engineers recommends production for the Ketza River gold property in the Yukon. The $21.1- million project is a joint …
Gowest drill holes cut two gold zones
A 3,000-ft drill program completed by Gowest Amalgamated Resources has intersected two zones of gold mineralization. The drilling in Denton Twp., Ont., intersected in the first hole an 11.7-ft section…
Obituary Peter Munro
At presstime, we learned with deep regret of the death, after a lengthy illness, of Peter Munro, 52, president of Dickenson Mines. A full appreciation of Mr. Munro will appear in the next issue of The…
COMMODITY FUTURES PRICES (April 06, 1987)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) April — — 62.25 — May …
Correction (April 06, 1987)
The story in the March 30 issue of The Northern Miner regarding production dates set at the Cargo Muchacho project in southern California and the Kirkland Lake tailings project refers to Eastmaque Gol…
Ojibway bands stake claim in north Superior property
While the Hemlo gold find in northern Ontario has been big news for a few years now, it may soon find itself indirectly involved in another controversial issue, this one dealing with an Indian land cl…
Bay takeover bid by St. Genevieve
Bay Resources and Services has received a takeover offer from affiliate company St. Genevieve Resources. The St. Genevieve offer consists of one common share for each two Bay shares held. The deal is …