Int’l Curator teams with Coeur d’Alene
New York-listed Coeur d’Alene Mines stands to benefit from a combined share purchase and property agreement with International Curator (VSE). Coeur d’Alene will receive a 66.7% interest in the Jualin …
Articles by Northern Miner Staff
NEWS ROUNDUP — Goldpost to merge with Antares
A publicly traded company, to be known as Antares Mining & Exploration, will be formed through the amalgamation of Goldpost Resources (TSE) and privately owned Antares Mining & Exploration. Under the …
EDITORIAL PAGE — This site condemned
Ontario’s Workers’ Compensation Board (WCB) is in the midst of erecting a $178-million Taj Mahal in downtown Toronto. At first blush, this might seem a bit odd. For it was the WCB that, only a few mon…
Castle Mountain an environmental and economic success
The Castle Mountain gold mine came through its first year with flying colors, shareholders of Viceroy Resource (TSE) were told at the annual meeting. Viceroy operates and owns 75% of the open-pit, hea…
Inco completes TVX transaction
Nickel miner Inco (TSE) has sold its 61.9% interest in TVX Gold (TSE) to a group of Canadian underwriters led by Wood Gundy and Burns Fry. Proceeds from the sale, after underwriting commissions, total…
More drilling for Cat Town in California
A second phase of drilling will begin shortly on the Cat Town polymetallic project in Mariposa Cty., Calif. Partners Atna Resources (VSE) and Laramide Resources (TSE) each hold half of an option to ac…
New geochemical technique probes for deeper deposits
A Colorado-based laboratory has developed a geochemical exploration method capable of detecting mineral deposits buried under up to 1,000 ft. of overburden or cover rock. If the method proves legitima…
PRODUCER PRICES (August 02, 1993)
ALUMINUM: MW U.S. market US55.50-56.50 cents per lb. (July 22, 1993). ANTIMONY: MW New York dealer US76-80 cents per lb. (June 10, 1993). BISMUTH: MW New York dealer US$2.35-2.70 per lb. (June 11, 199…
NEWS ROUNDUP — Freewest raises $7 million
To help finance its share of the Holloway gold project in northeastern Ontario, Freewest Resources (TSE) has negotiated a $7-million private placement of 2.5 million special warrants with Pollitt, Ber…
High River drilling deep at Snow Lake gold bet
Having completed a $1.6-million private placement, High River Gold Mines (TSE) has begun 18,000 ft. of deep drilling on its Snow Lake gold property in northern Manitoba. The new program, estimated to …
Cominco loss affects Teck earnings
Low zinc and lead prices led to lower earnings for Teck (TSE) in the 1993 second quarter ended June 30. Net earnings of $3 million for the period were down considerably from $12 million a year earlier…
In the trough — Inco hammered by nickel price
Low nickel prices continue to take their toll on Inco (TSE), which reported losses of US$2.2 million (3 cents per share) for the second quarter and US$24.8 million (25 cents per share) for the six mon…