Articles by Northern Miner Staff

Asset writedowns totalling about US$14 million are expected to be released by Canyon Resources (NASDAQ) for its 1992 fourth quarter ended Dec. 31. The Colorado-based company said the writedowns reflec…

During the last week of November, when the shares of Skyline Gold (VSE) soared to $1.15 cents from 30 cents, director and majority shareholder Ronald Shon sold a small portion of his indirect holdings…

Prompted by the British Columbia Ministry of Energy, Mines and Petroleum Resources’ failure to issue permits for an exploration drill program, American Bullion Minerals (VSE) dropped its option on the…

A Canadian subsidiary of Homestake Mining (NYSE) recently acquired 2.03 million shares of Prime Resources Group (VSE), thereby increasing its total holdings to about 54% of Prime’s outstanding shares….

A systematic sampling program designed to outline reserves is scheduled to get under way on the Bamingui diamond concession in the Central African Republic later this month, says United Reef Petroleum…

Renowned mining engineer Bruce Edgar Hurdle, who spent his entire career with Cominco Ltd. and its subsidiaries, died recently. He was 79. Born in Winnipeg, Hurdle grew up in Edmonton. Upon graduation…

The president of Exall Resources (TSE), Stephen Roman, recently increased his interest in the company to about 21.8% by way of a private placement. Roman bought 750,000 shares and received warrants en…

The latest results from the Tenby diamond claims in the Northwest Territories were described by analysts as disappointing. But the analysts also stress that the exploration program is still in its ear…

A former Saskatchewan farmer, once described by his colleagues as a “quick learner” and “consummate politician,” became Canada’s minister of Energy, Mines and Resources (EMR) during a recent federal c…

One of the most significant features in the gold mining business during the past two years has been the growing interest in South America as a place to explore and develop gold mines. Aside from the o…

London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Jan. 5 Jan. 4 Jan. 1 Dec. 31 Dec. 30 Copper N/A 1560-1561 N/A 1505-1506 1500-1502 Le…

Mining giant BHP Minerals International recently agreed to take up an option on the Kabanga and Kagera concessions in Tanzania from Sutton Resources (VSE). Under the terms of the previously announced …