Articles by Northern Miner Staff

Kennecott, the U.S. subsidiary of RTZ, is ceasing production at its 53% owned Greens Creek zinc-lead-silver mine, near Juneau, Alaska. The closure, which will eliminate 230 jobs, is due to low metal p…

Vancouver-based Athabaska Gold (VSE) has backed away from a letter of intent to earn an interest in the Bumbat gold field in the Republic of Mongolia. Athabaska elected not to proceed with an option t…

John McBride, president and director of Xavier Mines (ASE), has purchased 366,700 shares, or 13.8%, of the junior company’s common shares. The shares were bought though a private placement at 30 cents…

Shares of Ego Resources (TSE) reached a 52-week high of 83 cents recently when the company agreed to purchase a private company that has developed a low-cost process to recover cobalt from high-grade …

Eskay Gold Corp. (ES:VSE) has changed its name to Consolidated Eskay Gold Corp. (CKO:VSE) with a consolidation of capital on a 1-new-for-1.8-old-share basis. The transfer agent is Pacific Corporate Tr…

A deal by which Lac Minerals (TSE) would have acquired control of an Irish zinc-lead deposit has fallen through. Lac was offering US$70 million for a 52.5% interest in the Lisheen property belonging t…

Anyox, B.C., was really a ghost town in those early days (late 1930s). The bank was boarded up, but the Elks Hall was open, where there was a piano to plunk on. Never did find the library, come to thi…

Renewed threats of a federal royalty on hardrock mines in the U.S. hurt the shares of some gold producers with operations south of the border during the week ended March 16. Hardest hit was American B…

With the acquisition of six properties covering 525,000 acres in the Northwest Territories, Caledonia Mining (TSE) has introduced a new twist to diamond exploration in the area. Pointing to the diamon…

Assays for hole 93-1 from the Asia Pacific project are encouraging, partners Starmin Mining (TSE) and Adex Mining (TSE) report. A 694-ft. intersection returned 0.45% copper (and gold values in the ran…

Net proceeds of about $10.6 million (including agents’ commissions) were raised from a private placement involving the sale of 1.2 million special warrants (common shares and warrants) at $9.25 each, …

American gold producers — among them, many Canadian-controlled mines — are bracing themselves for a proposed royalty on hardrock mines in the U.S. As part of its economic program, the Clinton admini…