Articles by Northern Miner Staff

Caledonia mining private placement nears completion

Toronto-listed Caledonia Mining reports a partial closing on the European portion of its private placement of unsecured convertible debentures. To date, $20.5 million of the planned $20.6-million plac…


Junior tests Quebec property

Exploration has begun on the Jeremie Twp. gold property in northern Quebec. The 195-claim property, owned by Canadian Golden Dragon Resources (VSE) and Cyprus Canada, is adjacent to, and west of, the …


MSV record for copper output

In the fourth quarter, MSV Resources (TSE) established a new record for copper production. The Montreal-based company mined more than 129,000 tons of ore to yield 4 million lb. of the red metal from i…


Amax developing Fort Knox project

Now that the board of directors of Amax Gold (NYSE) has flashed a green light for the Fort Knox gold project, negotiations for financing are under way. Situated 15 miles northeast of Fairbanks, Alaska…


Gantner to address CIM luncheon

The global mining scene as viewed by an international contractor will form the basis of an address at the Feb. 16 luncheon of the Toronto branch of the Canadian Institute of Mining, Metallurgy and Pet…


Special event for Science North

The Ontario Ministry of Northern Development and Mines will provide a grant of $10,000 to Science North in Sudbury, Ont., for a special event celebrating the science and technology being developed and…



Scintrex awarded new contracts

Instrument maker Scintrex has received new orders worth $4.6 million in total. The Concord, Ont.-based company says its orders include $2.8 million for geophysical instrumentation, $1 million for port…


Centurion Mines begins work at Mammoth

Preliminary development is under way at the Mammoth mine in the Tintic mining district near Salt Lake City, Utah. The rehabilitation of underground tunnels from the 300-ft. level to surface is allowin…


Base metal prices put Cominco back in black

Several positive factors — improved sales and production volumes, higher base metal prices and a favorable exchange rate — helped Cominco (TSE) report net income of $132.1 million for 1994, compared…


Copper, molybdenum prices boost Cyprus Amax earnings

Higher molybdenum and copper prices last year enabled Cyrus Amax Minerals (NYSE) to report earnings of US$175 million (or US$1.69 per share) on revenues of US$2.8 billion. That compares with earnings …


OroGrande interested in Brazil

Alberta-listed OroGrande Resources, formerly known as Trev, intends to acquire an 80% interest in the Princeza gold mine property in Brazil’s Paraiba state. The junior will spend $3.3 million and make…


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