1988

Texas oilman T. Boone Pickens and his Mesa Ltd. Partnership recently withdrew a $1.88-billion takover bid for San Francisco-based Homestake Mining Co. On March 7, the Homestake board of directors unan…

Results are encouraging from the first five holes drilled by Pamorex Minerals (60%) and Highwood Resources (40%) on the Regan Lake gold prospect southeast of Lupin Lake, N.W.T. The best intersections …

An $8.8-million(US) gold loan has been arranged by Pacific Trans Ocean Resources through Lloyds Bank plc of New York. The proceeds will be used to retire short term credit facilities and for preproduc…

Plans to sink a shaft and perform lateral stoping for the removal of bulk samples have been announced by Kapalua Gold Mines of Calgary for the Briscoe-Bryce gold property near Kirkland Lake, Ont. The …

One of the most active issues on the Vancouver Stock Exchange this week was Windarra Minerals. Some 718,900 shares changed hands as the issue slipped a penny to close at $1 even, once again proving th…

I do hope you plan to soon re-introduce oil stock quotations. Many of the oils have mining properties, for example, Barons Oil, in which I have an interest. Too, The Northern Miner is such a reliable …

N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Mar 104.30 101.10 101.10 + 1.60 May 97.00…

The first hole in the current drill program at Big Trout Lake in northwestern Ontario by International Platinum Corp. has returned an assay of 0.15 oz platinum group metals per ton over two feet, pres…

Echo Bay Mines has budgeted $9.5 million(US) for exploration work on its Kettle and Key gold properties in Washington state this year. The company can earn a 60% interest for an expenditure of $10 mil…

I worked at the Lake Shore in the early ’30s and your recent Odds ‘n’ Sods story brought to mind an event that happened there. I was a machine runner working for Jone Southall in a stope on the upper …

Although it currently holds 56.5% of the issued and outstanding common shares of Louvem Mines, St. Genevieve Resources appears to be meeting some resistance to its revised takeover bid for the gold pr…

Completion of an agreement whereby Belmoral Mines will spend $10 million to acquire a 50% interest in Yorbeau Resources’ Astoria gold property in northwestern Quebec, and $5 million to acquire Yorbeau…