Mercury ready to stage comeback
After a long period of declining consumption, mercury may be in for a reversal in fortunes. London- based Roskill reports it sees the prospect of a plateau in demand for the mineral in the U.S. and a …
1987
Nickel prices top $3
Buoyed by an increase in stainless steel production and a shortage on the supply side, nickel this month saw its price top the $3(US) per lb mark. It has been a remarkable recovery for the base metal,…
Geddes nearing completion of adit at Windy Craggy
Geddes Resources reports it is about three-quarters of the way along in an adit it is driving to explore the gold zone at its Windy Craggy copper-gold-cobalt-zinc project in northwestern British Colum…
Placer increases grass roots activity
Designed to increase its exposure to grass roots exploration, Placer Dome is participating in the formation of a new public company called QPX Minerals . According to Lawrie C Reinertson, senior vic…
Vista files prospectus
Vista Mines has filed an offering prospectus with the Toronto Stock Exchange. The underwriter is Davidson Partners. The issue will raise a maximum of $750,000 for Vista’s gold mine project near the Sa…
Getty, Davidson to produce from diminished reserves
A production decision has been made for the Tisdale property north of Timmins, Ont. Equal partners Getty Resources and Davidson Tisdale Mines say that production, at a rate of 200 tons per day, is sch…
Estrades reserves increased by Teck
Drilling by Teck Explorations on the Estrades polymetallic deposit shared with partners Golden Hope Resources and Golden Group Explorations, has elevated reserves above the minimum tonnage required fo…
Nuinsco deals base metal properties to Seadrift
In a bid to become a Canadian gold producer within 12 months, Nuinsco Resources has dealt some of its base metal properties to Seadrift International in exchange for a larger slice of the Cameron Lake…
Mining consultants views mixed on free trade
As the contents of the Canada/ U.S. Free Trade agreement continue to unfold, it’s clear that greater cross-border access will be offered to Canadian mineral producers. But the agreement may also provi…
Perron Gold raises exploration funds
An exploration agreement has been entered into between Perron Gold Mines and emq (1987) Exploration and Co. Ltd. Partnership whereby Perron will receive $1.05 million in return for 350,000 flow- throu…
Hemlo decision imminent says Lac
As this issue of The Northern Miner went to press, Lac Minerals said it had been informed that the Supreme Court of Canada was to give its decision Dec 17 on Lac’s application to appeal an Ontario Cou…
Dundee-Palliser pushes for Vezza production
In an effort to bring the Vezza Twp. properties to a production mode, Dundee-Palliser Resources and partner North American Rare Metals have spent approximately $2.8 million on exploration since Septem…