Deep drilling results enhance Tundra play
Results from two deep drill holes have considerably enhanced the potential of the Tundra gold property, held by Noranda Exploration Co. and partner Getty Resources. Located 130 miles northeast of Yell…
News
Newspaper joins industry teaching mining to youth
The Northern Miner has joined in a direct way, along with the industry itself, in attempting to educate the young people of Canada about mining in this country, and to show coming generations how vita…
Editorial Still another bad move out of Ottawa
It’s simply incredible how our federal government can throw around money in this period of so-called restraint — money it does not have, just piling debt on top of debt. Only a week or so ago we ques…
A signal that fraud won’t pay
The stiff sentences handed two Vancouver stock promoters for their part in the Oct 19 trading debacle more than two years ago should go a long way to curbing such abuses in the future. The promoters -…
Montreal Exchange Radisson rallies
A drill hole on Radisson Mining Ressources’ Douay Twp property in northwestern Quebec’s Casa Berardi area reversed a decline in the new issue that saw its stock price fall to as low as 30 cents . This…
Metals Report Gold starts ’87 with bang
That oppressive U.S. trade deficit just won’t go away. On a downtrend since August, it seemed like the deficit was slowly coming under control. Then November’s deficit was announced — $19.2 billion, …
Toronto Stock Exchange Market action booming with Bay St bull
With the stock market rally continuing on North American exchanges and key indicators sprinting into uncharted territories, the 4-year old bull looks as frisky and as feisty as ever. And despite its a…
VSE breaks records in volume, value
Like the Toronto Stock Exchange, (N.M., Jan 12/87), the Vancouver Stock Exchange broke records in 1986. Volume traded at 3.5 billion shares, establishing a new high surpassing by 12.9% the previous re…
Goldenbell on target
Work on the Pinetree gold property held by Goldenbell Resources is continuing on schedule, the company says. Located in California, the Pinetree property is being readied for mine construction beginni…
Lenora calculates Worvest reserves
Reserves have been calculated by Lenora Explorations for the company’s Worvest property, held in joint venture with American Barrick Resources. Located immediately west of Barrick’s Holt-McDermott min…
Canamax budget to hit $11 million
A total of $11.5 million is budgeted by Canamax Resources on Canadian exploration this year. Of that amount, $8 million comes from certain agreements reached with Amax of Canada Ltd., Amax Inc. and NI…
Rio’s default felt in Spain
Fallout from Rio Algom’s decision to default on a $155-limited non- recourse loan to build its East Kemptville tin mine in Nova Scotia is being felt elsewhere in the world. In November Rio handed over…