Articles by Northern Miner Staff

Ontario Hydro, that giant Crown-owned utility, is creating quite a headache and dilemma for Falconbridge Ltd., its largest buyer of industrial electricity. The big mining firm, suffering from what it …

Under an offer to repurchase its debentures, Northgate Exploration (TSE) announced that $11,553,000 (84%) of its 7% convertible subordinated debentures have been tendered. Under the offer, Northgate p…

Unable to buy coal from the closed Westray mine at Plymouth, N.S., provincial utility Nova Scotia Power Corp. will purchase an additional 300,000 tonnes coal from Cape Breton Development Corp. (Devco)…

Having completed mill tests on 6,000 tons of ore to confirm grade and recovery, Deak Resources (TSE) says it will exercise its option to acquire the Astoria deposit in northwestern Quebec from Yorbeau…

A purchase agreement that gives Wharf Resources (TSE) a 60% interest in the Golden Reward gold mine near Lead, S.D., for US$21.3 million is complete. Under a new partnership with MinVen Gold (TSE), Wh…

A $60-million public offering of 7.5 million Sherritt Gordon (TSE) units closed recently. The units, consisting of one common share plus one-half a warrant, were sold on a bought deal basis for $8 eac…

Open pit mining is now under way on the copper zone at the Murray Brook mine in New Brunswick, reports owner NovaGold Resources (TSE). The company will ship its first load of copper concentrate to Fal…

Ontario is calling for a strategic partnership between the province’s mining industry and the provincial government to address issues facing the industry. In a recent discussion paper, the Ontario Min…

An active player in the diamond rush in Canada’s Northwest Territories, Kalahari Resources (VSE), has also taken on several exploration projects in Mexico. Earlier this year, the company announced det…

Although best known for mineral projects in northern British Columbia, Granduc Mines (TSE) plans to buy a 25% interest in the advanced La Choya gold project in northwestern Sonora, Mexico. At last rep…

Chicago-based FMC Gold (NYSE) recently incorporated Minera FMC as a Mexican subsidiary to facilitate exploration efforts in Mexico. The company reports that it is encouraged by initial exploration eff…

Two large porphyry copper-oxide projects belonging to Azco Mining (VSE), Piedras Verdes and Suaqui Verde, both in the Mexican state of Sonora, are candidates for development using solvent extraction, …