Barrick buying second half of Nevada mine
American Barrick Resources has locked up a 100% working interest in Nevada’s Goldstrike gold mine with an agreement to buy Western States Minerals’ 50% interest in the property. The purchase from West…
Articles by Northern Miner Staff
Drilling on Coxheath claims
Coxheath Gold Holdings reports that 25 diamond drill holes have been completed on its Beaverdam property by operator Seabright Resources. Coxheath’s 22-claim piece of ground adjoins the Seabright Beav…
Average yield (December 22, 1986)
The average stock yield on mining stocks on the Toronto Stock Exchange as compiled by Moss, Lawson & Co. on prices of Nov 28 is down 0.06% at 1.88%. Last month this group yielded 1.95% , while one yea…
Quebec Explorers’ underground drilling could boost reserves
Quebec Explorers plans to spend $1.3 million for exploration aimed at increasing reserves on its Dubuisson Twp. property in northwestern Quebec from 440,000 tons grading 0.21 oz gold per ton already i…
Goldstack and partners add to Dubuisson reserves
Drilling has added to reserves at the Dubuisson Twp., Que., gold project operated by Aumine Exploration for partners Goldstack Resources and Sullivan Mines. A 23,000-ft drill program completed this mo…
New research lab opened in Rouyn
A new mining research facility has been opened in the Abitibi- Temiscamingue region of northwestern Quebec. The facility is housed in the sciences department of the College de l’Abitibi-Temiscamingue …
Metals Report Perilous predictions for 1987
Every year at about this time senior officials at mining companies across the country summon underlings to their executive suites for private consultations. What is the subject of the high level huddl…
Editorial Halting insider trades not fully possible
In light of the Ivan Boesky insider trading scandal in the United States which rocked stock markets, the Ontario government — a leader in regulating Canadian securities — is going to tighten up its …
Noranda workers reject latest offer
The latest offer by Noranda Minerals’ Horne Division in Noranda, Que., to striking workers has been rejected. Members of the CNTU voted 71.5% in favor of rejecting the company’s final offer for a new …
Mine Expansion funded by cash flow, Milner says
Positive cash flow from mining operations at the San Andres open pit in Honduras is funding mine expansion, partners Milner Consolidated Silver Mines and Madeleine Mines say. Both companies hold a 25….
Letters to the Editor Lac challenges appeal report.
On Nov 24, in an article published about Lac’s appeal, one of your reporters, Jim Borland, included in his report a reference to a Buffalo-based criminologist taking notes about judges hearing the cas…
News in Brief (December 22, 1986)
A prefeasibility study is under way on the Golden Harker property held by Lenora Explorations. Located near Kirkland Lake, Ont., the property is being considered for underground exploration, Lenora sa…