Articles by Northern Miner Staff

Diversified major Noranda (NOR-T) plans to keep busy this year spending the money it had expected would be required for two acquisitions, which never materialized.Noranda unsuccessfully bid for the An…

Rea Gold (REO-T) has raised nearly $17 million in equity financing to fund ongoing development at its Bisset gold mine, northeast of Winnipeg, Man.The private placement, which was arranged with RBC Do…

Pegasus Gold (PGU-T) recorded a loss of US$15,000 for the recent first quarter, compared with a profit of US$13,000 for the same period in 1996.Hedging increased the company’s realized gold price to U…

ExchgValue($000s)HighLowCloseChangeBarrick GoldT3…

Aluminium: LME settlements US$1,634 per tonne, alloy $1,500 per tonne (May 13/97).Antimony: Composite free market, US$2,220 per tonne (May 13/97).Bismuth: Composite free market US$3.30 per lb. (May 13…

Having carried out a first phase of exploration on its San Jose de Gracia gold project in western Mexico, Golden Hemlock Resources (GHE-V) is preparing to conduct follow-up drilling.The first phase co…

BASE METALS (London Metal Exchange – Midday bid/ask prices in US$ per tonne)DateMay 13May 12May 9May 8May 7…

Thomas Shrake appointed chief executive officer.

Successful bio-oxidation testwork on sulphide mineralization at the open-pit Daisy mine in Beatty, Nev., has enabled Toronto-based Inter-Rock Gold (IRO-T) to increase its reserve estimate for the proj…