Significant assays at Gulf International]]
A drill program by Gulf International Minerals on its McLymont claims group in the Iskut River area of northwestern British Columbia has outlined several gold-bearing zones. The zones have been traced…
News
Applegath Group active in Mishibishu exploration
The Applegath Group is increasing its activity in the Mishibishu area, located west of Wawa, Ont. A total of six companies within the group hold varying interests in a large tract of ground in the are…
Vancouver Stock Exchange Blue chip issues draw investors
Vancouver hasn’t been able to match recent gains in Toronto and New York because it’s much more speculative. Investors bold enough to participate in the market today have tended to concentrate on blue…
Euro-Nevada acquires land position at Newmont mines
Euro-Nevada Mining has completed what it hopes will be the first in a series of royalty acquisitions in the Carlin gold trend near Elko, Nev., The Northern Miner has learned. The Toronto company has a…
Report from Calgary part 2
Destiny Resources led junior resource companies in November trading in ** volume and appreciation in value on the Alberta Stock Exchange. Destiny, with junior partner Noranda Exploration appears to ha…
Toronto Stock Exchange Volatile price swings in trendless week
The herd mentality took the market over the precipice Oct 19, Black Monday, and it very well could move it right back up again in the next few months. During our review week, signs that investors are…
Metal Prices PRODUCER PRICES (December 14, 1987)
ALUMINUM: MW U.S. Market 80.00 cents -82.00 cents per lb. (Dec 3, 1987). ANTIMONY: New York dealer $1.10-$1.14 per lb. (Nov 19, 1987). BISMUTH: New York dealer $4.70-$4.80 per lb. (Nov 19, 1987). CAD…
Consolidated TVX reports first ever quarterly profit
Consolidated TVX Mining has reported its first quarterly profit, the Toronto-based company said recently. During the three months ended Sept 30, Brazil’s second largest gold producer reported net earn…
New nickel pricing process proposed
The vice-president marketing and sales for Falconbridge Ltd. has taken issue with nickel pricing as it applies to the London Metal Exchange (lme). “To say the least, Falconbridge is less than enamored…
Inco backs out at Cochrane Hill
After conducting a 5,000-ton bulk sample test on Northumberland Mines’ Cochrane Hill, N.S., gold prospect, Inco Gold has decided to relinquish its option on the property. Inco was earning a 60% intere…
Some comments from our readers
When it comes to making suggestions, readers of The Northern Miner don’t pull any punches. Many respondents offered good sound advice but, while we received many comments on a job well done, there was…
Equity Silver plans 4th quarter writeoff
The leach and gold scavenger plants no longer used at Equity Silver Mines’ mill near Houston, B.C., will be reported as a writeoff in the fourth quarter. The $33.6-million writeoff will be reported as…