Sierra Madre signs agreement with Jamie
Sierra Madre Resources (VSE) has signed an option agreement with Jamie Frontier Resources (COATS) giving Sierra the right to earn a 50% interest in Jamie’s Todd gold property. Located near Red Lake, O…
News
Sampling seminar
The Toronto Geological Discussion Group is sponsoring a seminar entitled Sampling, Sample Preparation and Assaying — The Basics, and How They Affect Ore Reserve Estimates. A topic of considerable int…
INSIDER TRADES (November 28, 1988)
Canaustra Gold — Black Hill bought 80,500 (Oct) to hold 650,631. Cliff — J. Bates sold 6,500 (Oct) to hold 187,500. Cons Norex — Graymont bought 50,400 (Oct) to hold 2,870,942. Dolphin — P. Brown …
Northern Platinum finds more reserves
Additional near-surface reserves have been outlined by Northern Platinum (VSE) on the company’s Kanichee copper-nickel property near Temagami, Ont. Drilling has outlined 249,250 tons grading 0.84% cop…
Giant Yellowknife boosts third-quarter earnings
Consolidated earnings of $3.7 million (44 per share) on revenue of $36.7 million were reported by Giant Yellowknife Mines (TSE) for the third quarter of this year, compared with $3.1 million (44 per s…
Hughes and McAleer out after Whim Creek dispute
Australian gold producer Whim Creek Consolidated has signalled its displeasure with some recent developments involving the company by replacing Chairman Pat Hughes and chief executive officer Peter Mc…
Garimpeiros busy in Brazil’s Amazon
Brazilian gold prospectors or garimpeiros, (pronounced garim- pay-roos) are responsible for about 80% of that country’s gold output, a recent report says. The independent pick and shovel diggers, know…
Letter to the Editor Economic principles
For many times over the last 20 years, I have appreciated the editorials of The Northern Miner, but the one titled “Wasting our assets” (N.M., Nov 7/88) is excessively ” a propos” for all of us Canadi…
LME considers its first warehouse in the U.S.
The venerable London Metal Exchange (LME), having reached out to the Far East, may soon be making its physical presence felt in North America. The exchange, with 97-98% of its activity generated outsi…
Letter to the Editor Mining double talk
Having had some experience in the investor/public relations field, I am nonetheless continually amazed by the ingenuity and invention displayed by some of its practitioners. The article “Gunnar, Mill …
FUTURES PRICES Metal Prices (November 28, 1988)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US per lb.) Nov 149.00 149.00 148.80 + 11.90 Dec 143.50 131.30 142.80 + 12.90 Mar 123.50 114.30 122.8…
Editorial Now the work begins
Canada’s thirty-fourth general election was a hard fought one, but the high energy level of the past seven weeks shouldn’t conceal the fact that the hard work of maintaining our prosperity and our way…