News

Ridgeway gold mine looms for BP Minerals, Galactic

The Ridgeway gold mine, owned 52% by BP Minerals America and 48% by Galactic Resources will start tuneup operations by the fourth quarter of this year. The 15,000-ton-per-day mine, located 25 miles no…


Pickens backs out of Homestake deal

Texas oilman T. Boone Pickens and his Mesa Ltd. Partnership recently withdrew a $1.88-billion takover bid for San Francisco-based Homestake Mining Co. On March 7, the Homestake board of directors unan…


Pamorex/Highwood N.W.T. drill results

Results are encouraging from the first five holes drilled by Pamorex Minerals (60%) and Highwood Resources (40%) on the Regan Lake gold prospect southeast of Lupin Lake, N.W.T. The best intersections …



Kapalua plans shaft, stoping

Plans to sink a shaft and perform lateral stoping for the removal of bulk samples have been announced by Kapalua Gold Mines of Calgary for the Briscoe-Bryce gold property near Kirkland Lake, Ont. The …



Letters to the Editor (March 21, 1988)

I do hope you plan to soon re-introduce oil stock quotations. Many of the oils have mining properties, for example, Barons Oil, in which I have an interest. Too, The Northern Miner is such a reliable …



Platinum at Big Trout

The first hole in the current drill program at Big Trout Lake in northwestern Ontario by International Platinum Corp. has returned an assay of 0.15 oz platinum group metals per ton over two feet, pres…


Echo Bay budget $9.5 million

Echo Bay Mines has budgeted $9.5 million(US) for exploration work on its Kettle and Key gold properties in Washington state this year. The company can earn a 60% interest for an expenditure of $10 mil…


Letters to the Editor A pleasant reminiscence

I worked at the Lake Shore in the early ’30s and your recent Odds ‘n’ Sods story brought to mind an event that happened there. I was a machine runner working for Jone Southall in a stope on the upper …


Montreal Exchange Revised takeover bid

Although it currently holds 56.5% of the issued and outstanding common shares of Louvem Mines, St. Genevieve Resources appears to be meeting some resistance to its revised takeover bid for the gold pr…


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