Articles by Northern Miner Staff

A net loss of US$111.4 million was reported by Homestake Mining (NYSE) for the 8-month period ended Aug. 31, which includes US$117 million of pretax expenses relating to its recent acquisition of Inte…

Maple Resource Corp. (MRZ:VSE) has changed its name to Birchwood Ventures Ltd. (BIR:VSE) with a consolidation of capital on a 1-new-for-4.4-old-share basis. The transfer agent is Montreal Trust.

An option to earn a 50% interest in the Duquesne gold property north of Rouyn-Noranda, Que., has been acquired by Hemlo Gold Mines (TSE) from Radisson Mining Resources (ME). To earn its interest, Heml…

A study on the proposed construction of a ferrochrome plant in Tracy, Que., is expected to be completed early in 1993, says Ressources Minieres Coleraine (ME). Coleraine and provincial utility Hydro-Q…

In order to fund further mineral royalty acquisitions, Redstone Resources (TSE) will issue two million special warrants at $4 per warrant to raise $8 million. Each special warrant will be convertible …

Bermuda-based Dundee International, a wholly owned subsidiary of Dundee Bancorp (TSE), will make a 1-for-1 share exchange offer to acquire the 263 million ordinary shares of Knights Gold Mining. Knigh…

Four separate geological targets were evaluated during a first-phase trenching and surface sampling program carried out by the Goldrun Syndicate on the Decker, Torok and Goldrun mineral leases in Humb…

I regret that I am unable to renew my subscription due because of M.R. Brown’s column “Warding off `penny dreadfuls’ ” (T.N.M., Sept. 14/92). I am a promoter of several of such “penny dreadfuls.” Mr. …

A cash position of $46.2 million at the end of the third quarter was reported by zinc-lead producer Curragh (TSE), which also recorded a loss for the 3-month period ended Sept. 30. The company says th…

A recent decision by the Quebec Court of Appeal has granted Toronto-based junior Exroy Resources (CDN) full title to 48 claims in the Ungava nickel copper belt in northern Quebec. This decision will a…

Worldwide silver mine production in 1991 was 431.9 million oz., down 8% from 1990. The reduction was due mainly to decreased incentives to mine because of low silver prices. In 1991, Mexico was the wo…

A boost in reserves at the Crofoot/Lewis mine prompts owner Hycroft Resources & Development (VSE) to review the possibility of refitting the operation with newer and larger mobile equipment. Proven or…