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Dickenson, Wharf directors agree on merger proposal

The boards of directors of Dickenson Mines (TSE) and Wharf Resources (TSE) have approved the principal terms of a merger of the two companies, subject to shareholder and regulatory approval. Dickenson…


Letters to the Editor Praise for Dome Mines

I was interested in an inside “highlights” item at the top of page 1 of your June 13 issue, which read; “Yesterdays — In the early 1900s Cobalt was the place to be.” How about “Dome Mines?” If one ha…


Gold caught in neutral trading pattern

Bouncing around within a fairly narrow range, the price of gold seems to be caught in a neutral pattern, analyst Manford Mallory of Capital Group Securities of Toronto told The Northern Miner. The pre…


FINANCING (August 01, 1988)

ONTARIO Released From Escrow PPC Oil & Gas Cor. — 230,103 shs released. VANCOUVER Vishnu Res — gross proceeds rec $152,000. First Star Egy — opt exerc on 120,000 @ $0.3025. Killick Gold — gross pr…


Copper boosts Lornex earnings

Increased copper production and higher copper prices (averaging about $1.10(US) per lb) were responsible for an 84% increase in net earnings over 1987 figures by Lornex Mining Corp. (VSE) for the six …


Letters to the Editor A rebuttal

Having just arrived back from Kenora Prospectors and Miners’ annual meeting held at Gold Point Farm Camp on June 24, I feel a rebuttal is in order to your “Grab Samples” column (N.M., June 20/88) whic…




Energex/Geostar drilling yields positive results

Recent drilling on a project located in a historic gold mining district straddling the Nevada/Utah border has returned “positive” drill results, according to joint venture partners Energex Minerals (T…


Editorial The power of coal

Energy is used to generate electricity far more than it is used for any other purpose. Industry accounts for about a quarter of the world’s energy consumption, transportation a little less than that a…


Cominco American

Cominco American Inc., a wholly-owned subsidiary of Cominco Ltd. (TSE), and alenco Petrochemicals have formed a partnership which will allow Alenco to participate in Cominco American’s nitrogen-based …


Ketza River mine in Yukon second for Canamax

It’s now two down and counting for Canamax Resources’ (TSE) chief executive officer, John Hansuld, who has promised a new mine a year for five years. In fact he’s ahead of schedule with the official o…


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