Articles by Northern Miner Staff

The average yield on mining stocks on the Toronto Stock Exchange as compiled by Moss, Lawson and Co. on prices of Oct 24 were up 0.05% at 1.93%. Last month this group yielded 1.88%, while one year ago…

Suncor has completed an exploration program on Treasure Island Resources’ Spider Lake property in the Northwest Territories. The property is located in the Indin Lake greenstone belt and the company d…

The shares of Summit Resources were posted for trading on the Toronto Stock Exchange on Oct 29. The company is involved in the exploration, production and development of petroleum and natural gas rese…

Accord Resources is completing a $300,000 flow-through share offering. When completed, the funds will be used to finance an exploration program on the company’s claim group near Beardmore, Ont. The Ac…

A major reduction in earnings in fertilizer operations was the prime reason behind the 81% profit drop posted by Sherritt Gordon Mines at the recent 9-month mark. Net earnings of $1.688 million (7 cen…

the hangingwall on its Lucky Jack claim on the Cambourne property have returned values of 20.81% lead, 0.15% zinc, 0.069 oz gold and 16.53 oz silver per ton. Assays from five 10-ft drill holes have re…

A 6,000-ft diamond drilling program is expected to start on the Federal Kirkland gold property controlled by Goldhunter Explorations. Located near Kirkland Lake, Ont., the seven claim property adjoins…

Keeping a tight lid on the red ink for the third straight quarter, Noranda Inc. has emerged with a profit of $52.9 million on revenues of $2.6 billion for the recent 9- month period and appears to be …

the first nine months of 1986 compared to a loss of $1,516,00 of $1.67 per share for the same period in 1985. The company says it had an operating profit of $720,000 for the 9-month period ended Sept …

return for flow-through shares at 60 cents each. The proceeds will be used for exploration of Kilembe’s Malartic Twp. property in northwestern Quebec. A 2,500-ft drill program has already started on …

Use of Computers in the Coal Industry – Edited by Y.J. Wang & R. Larry Grayson. Proceedings of the Third Conference on the use of computers in the coal industry held July 28-30/86, West Virginia Unive…

Additional underground exploration is expected to start shortly on Augmitto Explorations’ gold property near Rouyn, Que. The work is being funded by a unit offering completed on Oct 15. The undergroun…