Scintrex contract
Scintrex Ltd. has signed a $1 million contract with the Ministry of Nuclear Industry of the People’s Republic of China to outfit an aircraft with a complex airborne geophysical system including a high…
Articles by Northern Miner Staff
Nor-Acme seeks agreement on Snow Lake gold mine
Management of Nor-Acme Mines is hoping to complete an agreement between Nor-Acme and another company within “two to three months,” director David Mosher tells The Northern Miner. If successfully compl…
Ste-Genevieve to get interest in Quebec bet
Ste-Genevieve Resources reports it has entered into an agreement with the Norex (60%)-Cambior (40%) joint venture to acquire a 30% participating interest in the Waite- Camac base metal property stradd…
Mazarin makes major move into Labrador trough area
The Labrador trough area of northeastern Quebec has long been the subject of mineral exploration with some notable successes, but to the west of that regional geological feature exploration has been n…
Control of United going to Europeans
Control of United Mining Corp. could pass to a European group following the completion of a deal between United and a U.S.-based company, El Dorado Gold Mines. Under the terms of the agreement, United…
Sherritt writes off Ruttan copper mine
Due to depressed base metal prices, Sherritt Gordon Mines is writing off $24.6 million, which represents the carrying value of the company’s Ruttan mine in Manitoba. At present prices, Sherritt says t…
Nevada Goldfields contracts for new mill
A contract has been let for the construction of a 500-ton-per-day carbon-in-leach mill facility by Nevada Goldfields Corp. The mill is expected to start processing ore from Nevada’s Kingston mine in N…
Montreal Exchange Yorbeau trades heavily
The most active issue on the Montreal Exchange this short holiday week was Yorbeau Resources, unchanged at 70 cents on 425,600 shares. Company officials said they knew of no reason why the stock had …
Vancouver Stock Exchange Indecision keynote for year-end
The end of a calendar year and the beginning of a new one are generally indecisive times for stock markets, Vancouver being no exception. Trading activity has been slow with Tangent Oil and Gas and Sk…
Toronto Stock Exchange Golds strong as market bids 1986 a firm
The market ends the year on a firm and upbeat note, despite the quiet post-Christmas trading. At noon the widely-followed composite 300 was up 3.15 pts to 3048.28, a 5% improvement over the 2,900.60- …
Problem-plagued deposit purchased by Aussie firm
Claiming a coup, East West Minerals N.L., an Australian-based junior mining company, has purchased the Caribou base metals deposit located 30 miles west of Bathurst, N.B. The deposit was purchased for…
COATS Trading Features (January 05, 1987)
Edda Resources was one of the few gainers in the holiday-shortened trading week. The issue added 3 cents to 45 cents . Edda is still working on getting listed on the Alberta Stock Exchange. Goldteck …