Articles by Northern Miner Staff

An underground exploration program at the Grevet zinc project in northwestern Quebec is planned by VSM Exploration (ME) and Serem-Quebec. An agreement-in-principle has been reached by the two companie…

Following a successful takeover bid, NCG Acquisition, a unit of Hughes Lang (VSE) and its 53% owned subsidiary Orofino Resources (TSE), has acquired about 51% of the outstanding shares of Nova-Cogesco…

An offer by Luscar to buy the Balmer and Greenhills coal mines in southeastern British Columbia was blocked by a creditor of the mines’ former owner, bankrupt Westar Mining. The Bank of Montreal oppos…

The credibility of the Lac de Gras diamond play suffered a serious blow recently when the Aber-Commonwealth-SouthernEra joint venture mistook synthetic drill bit diamonds for natural stones derived fr…

The president of Westmin Resources (TSE), Walter Segsworth, speaking here at the recent 10th Mineral Outlook Conference, summed it up nicely: “Canada needs mining and mining needs land.” Segsworth spo…

The world’s largest producing diamond mining project is the Argyle open pit mine in western Australia, 2,200 km northeast of Perth. Argyle, which produced 35 million carats in 1991, is 40% owned by As…

The discovery of tiny colored stones in the Lac de Gras area of the Northwest Territories has spawned a new surge of investor interest in the diamond exploration game. After joint venture partners Abe…

Week’s Price (US) Change Gold* $ 335.40 + $5.20 Silver* $ 3.77 + $0.06 Platinum* $ 353.50 – $1.10 Nickel** $ 2.43 – $0.10 Lead** $ 0.21 + $0.01 Copper $ 0.97 + $0.01 Zinc $ 0.47 $0.00 Courtesy of Scot…

Despite remaining unhedged against weak gold prices, Agnico-Eagle Mines (TSE) reported third-quarter earnings of $3.75 million (13 cents per share) compared with $442,000 (1 cents per share) for the s…

A strong performance from gold operations enabled Placer Dome (TSE) to report a 45% improvement in earnings for the first nine months of this year over the comparable period in 1991. Net earnings reac…

Perhaps the most urgent issue for mining in the West has been the attempt to amend or to revoke the Mining Law of 1872. For four or more years, a fight to replace the Law was led by Representative Nic…

There is something wonderful about individuals taking advantage of their God-given talents and strengths and using them for their own and mankind’s benefit. The same might be said about Canadian provi…