Sikaman to treat tailings deposit
Exercising its options, Sikaman Gold Resources (TSE) has acquired the right to treat a tailings deposit at Snow Lake, Man. The company anticipates placing the project into production during the fourth…
News
Pacific Comox Res terminates option
Recently terminating an option to earn a 50% participating interest in three properties northeast of Val d’Or, Que., was Pacific Comox Resources (VSE). The company (formerly Comox Resources) had the o…
Trader Res. to explore Ronnoco gold property
Broulan Resources (TSE) and Ronnoco Gold Mines (COATS) have recently signed an agreement which will see a subsidiary of Trader Resources (TSE) spend $400,000 to explore a Timmins area gold property ow…
Metal Prices PRODUCER PRICES (January 23, 1989)
ALUMINUM: MW U.S. Market $1.13-$1.16 per lb. (Jan 5, 1989). ANTIMONY: New York dealer 98 cents -$1.03 per lb. (Jan 5, 1989). BISMUTH: New York dealer $6.65-$6.75 per lb. (Jan 5, 1989). CADMIUM: New Yo…
People (January 23, 1989)
MARLAT RESOURCES — Bruce H. Campbell elected president; Mrs. Tania Campbell appointed to the board of directors.
Bethlehem re-examines Giant Copper property
As British Columbia copper deposits go, the Giant Copper project near Hope in southwestern British Columbia hasn’t yet lived up to its name. But back in 1966, its major mineralized zone, the AM Brecci…
Nuinsco to raise $1 M for Cameron program
Nuinsco Resources (TSE) has reached an agreement to finance renewed exploration at the Cameron Lake gold property in northwestern Ontario. Under an agreement with Middlefield Resources fund 1988, Nuin…
Letter to the Editor LAC only just starting along the 04 Break
I am not too impressed by Peter Kennedy’s piece, “Jury still out as LAC drifts onto Kirkland property” (N.M., Jan 9/89), which seems to be riddled with careless errors: The 04 Break has been displaced…
Editorial Newmont’s Canadian connection
Newmont Mining’s involvement in the Canadian mining scene has been a long and illustrious one. The Northern Miner first reported the company’s Canadian presence in 1928 when we said the company’s st…
Noranda to earn 51% stake in Durga’s Allan Lake bet
Noranda Exploration has agreed to earn a 51% stake in Allan Lake gold and zinc properties which were acquired recently by Durga Resources (ASE) from Jasi Nikhanj for $500,000. Nikhanj is president of …
Platinum mining a growth area for Canada
While Canada’s reputation as a gold producer is well established around the world, the country has a long way to go before its primary platinum mining is taken seriously. Making this point in a recent…
CIM dinner
If the Soviet Union and China are transformed into market based economies, the upsurge in international trade and growth in living standards could rival the expansion experienced in the West following…