News

Contrary to what was reported in The Northern Miner Sept 19, American Barrick Resources’ (TSE) new 4,500-ton-per-day Goldstrike mill will initially process ore from the high grade portion of some eigh…

A proposal by Amca Resources (VSE) to extend the lease on its sole project, the Silver Cross property in Arizona, was recently turned down by the leasor. Amca held a 67.5% interest in the gold-silver …

Demand for chromium and nickel remain strong, but the two metals, essential alloy constituents of stainless steel, have little else in common, writes Roskill of London in two new studies. Chromium hea…

Creating a federal ministry for housing is widely seen as a sop to Toronto’s voters, a gesture with little substance. Intended to show concern for city issues, many regard it as little more than a plo…

Luxembourg-based Minorco has commenced what promises to be a titanic bidding war by announcing a $6.6 billion(US) offer for all the outstanding shares of Consolidated Goldfields of London. Minorco alr…

Leaving aside the negative impact of the Western Mining-Seabright Resources dispute, the dragged-out uncertainly over flow- through and the general skepticism over Nova Scotia gold prospects, the Nova…

The Mining Association of Canada’s initiative in calling for a major research program to improve the management of mines’ tailings is an important one. Raising the issue and offering to pay a major pa…

A $1-million program ending in a feasibility study on the QR gold deposit near Quesnel, B.C., is scheduled for completion in early 1989 by QPX Minerals (VSE). According to Tim Ryan, president, a produ…

First gold has been poured at Stan West Mining’s (TSE) McCabe mine, a former producer three miles west of Humboldt, Ariz. A study by the consulting firm of Derry, Michener, Booth and Wahl indicates th…

Consolidated earnings of $18.8 million (12 cents per share) before unusual and extraordinary items, or $15.7 million (10 cents per share) after unusual and extraordinary items, were reported by Coron…

Shipment of copper and zinc concentrates to Hudson Bay Mining & Smelting’s (TSE) aging metallurgical complex here should pick up significantly in the remaining months of 1988. And long-term supplies s…

Speculating on a penny miner that’s punched a few holes in the ground and turned up decent widths at a respectable grade can be exhilarating. You can revel in the stock’s rising price or, conversely, …