1988

Queries Nicoba Mines inactive

I last wrote to The Northern Miner in January, 1981 asking for the address of Nicoba Mines Ltd., a company which I own shares in. You were very kind to send me the address. Can you now tell me if Nico…


Editorial Added bureaucracy

Quebec Mines Minister Raymond Savoie has been openly critical of the Canadian Exploration Incentive Program, the federal government program that changes flow-through share investment benefits from a t…


Ivanhoe Capital makes private placement in War Eagle

A private company founded by Robert Friedland, president of Galactic Resources (TSE), and Eric Friedland recently made a $1.2 million private placement in War Eagle Mining (VSE), which owns the War Ea…



Battle Mountain profit reflects higher sales

Anticipating sales of 305,000 oz in 1988, Battle Mountain Gold (TSE) is proving to be one of the more profitable gold producers in North America. Third quarter net income jumped 26% to $15.3 million a…


MacLellan mine has successful turnaround

The turnaround of the MacLellan gold mine appears to have been successfully completed, mine owner and operator LynnGold Resources (TSE) says. Results from the third quarter show the mine producing 14,…



Montreal Exchange Messeguay/ Corona deal

When a senior takes an interest in a junior, watch out] Toronto-based Corona Corp. has announced it has reached an option agreement with Messeguay Mines whereby it may earn up to a 70% interest in a p…



Abermin pursues claims despite numerical odds

The dispute between Granges Exploration (TSE) and Abermin Corp. (TSE) (N.M., Sept 5/88) over the Tartan Lake gold mine has taken on a new twist. It could be an ominous one for the almost insolvent Abe…


Alberta Stock Exchange Volumes much higher

A strengthening in the price of gold was accompanied this week by renewed interest in a number of Alberta issues. American Ore Ltd. was the volume leader with 493,300 shares following the release of d…


Gold funds as of Nov 22

BGR Goldcorp Central MVP Capital Net value $12.33% 9.36 7.29 1.03 Price $10.125% 6.250 6.12 0.67 Discount $17.88% 33.3% 16.0% 35.0% Value $73,395,449 164,…


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