Articles by Northern Miner Staff

Placer Dome (PDG-T) intends to take over junior Lassie Red Lake Gold Mines (LRLG-C) by increasing its ownership to 100% from the current 47.3%.Lassie owns five gold exploration claims adjacent to Plac…

Gold projects in the former Soviet Union rarely deliver their riches to western companies without some associated heartache, but mining analyst Michael Jones of T. Hoare & Co. believes that Nelson Gol…

The Dow Jones Industrial average climbed above the 9,000 mark during the holiday-shortened report period of July 2-7. The Dow gained 87.68 points (or 1%) to close at 9,085.04.There were no fireworks a…

Teck (TEK-T) has agreed to option Minco Mining and Metals’ (MMM-V) 80%-owned polymetallic White Silver Mountain property in China’s Gansu province.In order to earn 70% of Minco’s interest, Teck is req…

Privately owned Jipangu will pay $2 million for a 35% interest in the Blackdome gold mine, near Clinton, B.C. The Tokyo-based firm can increase this to 50% by spending an additional $1 million before …

A long-term approach to doing business in Indonesia is paying off for gold major Newmont Mining (NEM-N), which has one mine in the Southeast Asian country up and running and a second scheduled to come…

Based on a recently completed evaluation study, Weda Bay Minerals (WDA-A) has resolved to proceed with development of its nickel-cobalt property on the Indonesian island of Halmahera.The project, in w…

Alberta Star Mining (ASC-A) has proposed a private placement of up to 1 million flow-through shares at 20 cents each.Proceeds will be used to cover exploration expenditures incurred on the Mazenod Lak…