Articles by Northern Miner Staff

Several factors have contributed to a loss of $4 million in the third quarter for Firstmiss Gold (NASDAQ). These include a $1-million writedown of low-grade ore stockpiles, high operating costs due to…

Speculation over upcoming bulk-sample results from the Lac de Gras area of the Northwest Territories sent Dia Met Minerals to a high of $62 for a gain of $9.13 during the week ended May 25. Waiting an…

With gold holding on to gains, and diamond stocks generally steady, the Vancouver Stock Exchange resource index continued its upward sprint, finishing the week ended May 25 up more than 70 points at a…

Drilling has begun on the East-Bay gold property of Ressources Temisca (ME), northeast of Rouyn-Noranda, Que. The program is funded and operated by Soquem which is earning a 50% interest.

Toronto-listed Placer Dome has agreed to sell US$200 million in bonds to underwriters, for distribution in the U.S. The 718% notes, due May 15, 2003, have been priced at 99.813%. The bonds are being o…

Toronto-based Hemlo Gold Mines (TSE) will increase to 27% its interest in Freewest Resources (TSE) by acquiring one million shares of the junior under a financing agreement signed in 1989. The common …

The sharp turnaround in the gold price in April and its continued strong upswing should herald renewed financial strength for this sector of the mining industry. Spurred by investors jumping into the …

Gold Funds as of May 25 BGR Central Net Value $12.28 $5.87 Price $10.50 $6.375 Discount 14.50% 8.6% Value $68,789,000 $107,254,913…

Calco Resources Inc. — 1,000,000 units @ $1.35 and each unit consists of sh and 2 wts. 2 series A wts purchase sh. Delmay Mining Corp. — 10% convertible debentures @ $100.00. Vortex Energy & Mineral…

— Week — May 25 May 24 May 21 May 20 May 19 High Low Composite”300″ 3859.91 N/A 3835.99 3831.59 3811.29 3859.91 3801.34 Metals&Minerals 2916.19 N/A 2880.75 2900.64 2882.36 2925.62 2860.54 Integrated…

It has been three long years since Great Lakes Minerals first listed on the Toronto Stock Exchange and embarked on a quest to join the select group of Canadian juniors that can boast an operating cash…

Toronto-listed Brunswick Mining and Smelting has earmarked $37.5 million over the next five years to find ore within trucking distance of its New Brunswick operation. If this search proves fruitless, …