Exploration heats up Northwest Territories
With the resounding success of the Lupin gold mine which produced nearly 194,000 oz of gold last year at its site just 56 miles south of the Arctic Circle, many junior companies are following the exam…
Articles by Northern Miner Staff
Moneta acquires a base metals deposit
Moneta Porcupine Mines has acquired a 15-claim property in Blondeau Twp., near Belleterre, Que. The claims include a deposit which was explored by Kelly Lake Nickel Mines years ago. More than 62,000 f…
New gold zone for Snow Lake
A new gold zone discovery was recently announced by Snow Lake Mines on its Birch zone property located two miles from Snow Lake, Man. The new zone is approximately 4,000 ft north-northwest of the comp…
Malartic boosts income slightly
A net income of $l,896,478 (54 cents per share) was reported by Malartic Hygrade for 1986 compared with $1,892,747 (54 cents per share) for a year earlier. Cash flow from operations in 1986 was highe…
Drilling due to start on Thompson- Lundmark NWT gold project
A 14-hole diamond drilling program will be carried out this year on the formerly-producing gold property of Consolidated Thompson-Lundmark Gold Mines at Thompson Lake, N.W.T. The work will be done by …
Editorial Streets covered in gold
Not too long ago in this space, we noted the primitive methods of mining gold in a huge open pit in Brazil — where literally thousands of people swarmed in and out of the pit carrying sacks full of o…
Alberta Stock exchange Gold issues surge
Junior gold issues bounced back with strengthening gold prices. One of the best gainers continued to be Monte Carlo Resources which added another 85 cents to $2.80 — that’s up $1.80 in three weeks. …
Atlantic Report Mining means more than gold
Industrial minerals, say Dr Richard Potter, in charge of mineral resources promotion in the province’s department of mines and energy, and John Fowler, senior industrial minerals geologist with the de…
Toronto-listed Vestgron active concern once again
There’s no denying that Vestgron Mines has had its share of ups and downs over the past year, but now that this Toronto-listed company has been acquired by a private Halifax-based investment company, …
Cdn mining not in hopeless state
Mining is a great Canadian success story and is, to a significant extent, responsible for the high standard of living enjoyed by Canadians. It hardly behooves me to tell experts in the mining industry…
Production hits records but Westmin profit off
Despite record minerals, oil and natural gas production, Westmin Resources earnings in 1986 slid to a net of $8,648,000, on revenues of $189,563,000, compared with earnings of $30,452,000 on revenues …
Vancouver Stock Exchange Market bullish with new highs
Investors are taking a hard look at secondary markets because blue chip gold stocks on the tse and elsewhere are getting a bit expensive. As a result Vancouver has turned extremely bullish and its mar…