Drilling continues at Taylor property
Ongoing drilling at the Taylor gold property in the Matheson area of northeastern Ontario has returned favorable results for owner St Andrew Goldfields (SAS-T).Twelve of 14 infill holes drilled at the…
Articles by Northern Miner Staff
MINING MARKETS AND INVESTMENT NEWS — Royal insiders exercise options
Senior management exercised options for Royal Gold (RGLD-Q) during January.According to filings with the U.S. Securities and Exchange Commission, President Peter Babin and Chairman Stanley Dempsey eac…
EDITORIAL — Delgamuukw ties B.C. in knots — The pall of uncertainty
As Eastern Canada trucks along to economic recovery and Alberta basks in its status as an investment haven, British Columbia is floundering under the combined weight of the Asian crisis and poor gover…
CIM prepares to take a licking
Canada Post will issue a stamp to honor the 100th anniversary of the founding of the Canadian Institute of Mining, Metallurgy and Petroleum (CIM).The stamp was designed by Monique Dufour and Sophie La…
NEW LISTINGS — Vancouver Island attracts Snowfield
With its recent listing on the Vancouver Stock Exchange, Snowfield Resources (SNO-V) intends to drum up financial support to further explore its Snow property on Vancouver Island, B.C.The gold-silver …
CORRECTION (April 27, 1998)
In our April 13 report on Cameco’s (CCO-T) Cigar Lake project, we stated that the Midwest project “has yet to be granted government approval.” In fact, the Midwest project received approval from the g…
1998 Mining for Miracles campaign launched
The 11th annual Mining for Miracles campaign is under way in British Columbia.Over the past 10 years, the campaign has raised and contributed almost $3.5 million to B. C.’s Children’s Hospital Foundat…
GEOLOGY 101
Banded iron formation-hosted gold deposits, Part IBanded iron formation-hosted gold deposits consist of gold intergrown with quartz and/or sulphide minerals in deformed and structurally complicated ir…
Falconbridge predicts growth in base metals
Though depressed metal prices curtailed first-quarter earnings for Falconbridge (FL-T), company president Oyvind Hushovd told shareholders at their recent annual meeting that brighter times are ahead….
OBITUARY — Murray Pezim dead
Legendary stock promoter Murray Pezim died April 22 of an apparent heart attack. He was 77 years of age.Pezim was best known for his role in the discovery of the Hemlo gold camp in Ontario and the Esk…
Bema looks to Russia for future growth
The economics of an advanced-stage deposit in the Russian Far East containing 1 million gold-equivalent ounces are strong enough that Bema Gold (BGO-T) is making a bid to acquire its 79% owner, Britis…
Placer Dome buys stake in Vengold
Placer Dome (PDG-T) has acquired a 16.8% interest in Vengold (VEN-T) by subscribing to 23.6 million of the company’s shares at $1.75 each, for gross proceeds of $41.3 million.Vengold’s primary asset i…