Articles by Northern Miner Staff

Toronto-listed Granduc Mining has completed a previously announced $3.5-million financing with Conwest Exploration (TSE) and Jascan Resources (TSE). Proceeds from the loan will be used to complete Gra…

The federal government, the Mining Association of Canada (MAC) and four provinces (British Columbia, Ontario, Quebec and New Brunswick) are collaborating in an attempt to identify economical ways to m…

Junior Regional Resources (TSE) has sold 1.7 million shares of Faifield Minerals (TSE). Proceeds amount to $5 million. Some of the shares were sold under an option agreement for $1.10 per share. An ad…

Nickel giant Inco (TSE) is getting tough in global markets by launching a 2-pronged attack — cutting costs to US$2.25 per lb. and expanding operations to raise total output by 20% over the rest of th…

More encouraging results have been reported from the Victoria Lake gold project near Larder Lake, Ont. So far, Sudbury Contact (TSE) has drilled 18 holes, totaling 20,642 ft., and the work has confirm…

The Canadian Diamond Drilling Association (CDDA) is considering changing its name to better reflect the drilling industry as a whole. A motion was put forward at the annual general meeting in Montreal…

In a private placement, Exroy Resources (CDN) will issue 750,000 treasury common shares at 20 cents each and warrants exercisable for a 2-year period at 20 cents, for an additional 250,000 treasury co…

Alan Lindsay appointed chairman; Anthony Harvey appointed vice-chairman; David Beling appointed president and chief operating officer; and Edward Rose appointed chief financial officer.

Thallium is the last element of group IIIA in the Periodic Table (group 13, according to the new IUPAC rules). This group also includes boron, aluminum, gallium and indium. Thallium is a soft, silvery…

Four salient trends have emerged in the gold market. First, attitudes towards gold by the European central banks have been more positive during the past year, judging by official statements and report…

Two directors of Starmin Mining (TSE) exercised options and sold shares in February. According to the Ontario Securities Commission’s OSC Bulletin, director Richard Brissenden exercised 50,000 options…

Improvements at the lead-zinc smelter in Trail, B.C., and at the Red Dog mine in northwest Alaska gave Cominco (TSE) a boost in the first quarter. The major posted $2.3 million in consolidated net ear…