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…
News
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…
Aurogin begins diamond search
Following the signing of an option agreement with Morrison Minerals (COATS) last month, Aurogin Resources (VSE) is now set to join the search for diamonds in Canada. Aurogin has an option to earn a 50…
Hycroft to mix ore from two Nevada mines
Ongoing negotiations have finally culminated in an agreement that will give Hycroft Resources & Development Corp. (VSE) and its U.S. subsidiaries the right to blend ore from the Lewis mine with ore fr…
Duration regains Theresa property
Following a period of uncertainty, ownership of the Theresa gold property near Longlac, Ont., has finally been regained by Duration Mines (TSE). “The return of the Theresa property ends a particularly…
Acquisitor, Stabell pleased by drilling
Further assays from the Vein No 5 area of the Dubuisson gold property at Val d’Or, Que., have been released by Acquisitor Mines (VSE) and joint venture partner Stabell Resources (ME). Hole RS-213, dri…
Min Ven solves problems
A seepage problem that interrupted production last year at MinVen Gold Corp.’s (TSE) Gilt Edge mine in South Dakota is being repaired successfully, the company reports. The South Dakota Department of …
Orofino looks to Scadding for improved balance sheet
Toronto-based Orofino Resources (TSE) was forced to bring out the red ink when reporting its financial results for fiscal 1988. But the 52%-owned Northgate Exploration (TSE) subsidiary, is hoping that…
Spot prices at a glance (January 23, 1989)
Week’s Price (US) Change Gold (per oz) $402.85 –$ 0.65 Silver (per oz) $ 5.94 +$ 0.03 Platinum (per oz) $525.00 –$ 1.00 Copper (per lb) $…
Letter to the Editor 48.3% of shares
With reference to your article on page 27 of The Northern Miner dated Jan 9, (“Trans-Dominion to acquire 48.3% of Doelcam”), I am enclosing a copy of our news release with respect to the transaction d…