Articles by Northern Miner Staff

Rayrock Yellowknife Resources (TSE) has entered an agreement with First Marathon Securities for a private placement of 500,000 subordinate voting shares at $12.125 per share for gross proceeds of almo…

The majority owner of the producing Omai gold mine in Guyana has increased its interest by 5%. Cambior (TSE) has exercised an option granted by Golden Star Resources (TSE) and will pay $2 million to G…

James Andrews appointed president and director; David Rinker, Lakhwinder Janda, J. Andrusko, Michael Sanguinetti and Carl Forbes appointed directors.

Robert Adsit appointed vice-president, U.S. marketing and public relations.

Gold stirred from a lengthy slumber during the week ended April 27, gaining more than US$10 to US$350 per oz. in New York and sending gold shares to new 52-week highs on the Toronto Stock Exchange. Th…

A lockout notice was delivered recently by Westmin Resources (TSE) to 364 unionized employees at its Myra Falls mine near Campbell River, B.C. Westmin said protracted negotiations with Canadian Auto W…

Shareholders of Matlock Mining of Australia have approved the sale to Miramar Mining (VSE) of Matlock’s interests in two Cuban projects. Miramar now holds a 50% interest in the Hierro-Mantua copper le…

Drilling on the Huckleberry property near Kemano, B.C., has confirmed the presence of a new zone of copper mineralization about 4,000 ft. east of the main deposit. New Canamin Resources (VSE) discover…

As the operator of a developing mine and — to add speculative appeal — a major participant in the Northwest Territories diamond hunt, Aur Resources (TSE) has been climbing in price on the Toronto St…

Copper-miner Bethlehem Resources (TSE) recently reached an agreement-in-principle with Lac Minerals (TSE) to lease (with an option to purchase) the Poison Mountain copper-gold-molybdenum property nort…

Copper, one of the few industrial metals to maintain its value in the current depression, has lost its shine and suffered steep reverses in recent weeks. The metal recently reached a five-and-a-half-y…

A deep hole drilled by Flag Resources (ASE) on the Wanapitei anomaly near Sudbury, Ont., intersected 814 ft. of magnetite-bearing core from a depth of 1,900 ft. The magnetite (FE3O4) may have been con…