Articles by Northern Miner Staff

Shareholders of Asamera Minerals (TSE) recently voted in favor of a proposal to privatize the company effective Aug. 1. Minority shareholders will receive $1.40 per common share under the terms of the…

The mayor of this northeastern Ontario city is encouraging other gold-dependent communities to lobby together against the sale of the yellow metal from federal government reserves. Mayor Vic Power say…

My application for an Ontario Prospectors Assistance Program grant was made in 1991 and 1992 and for both years turned down. In this regard I am compelled to condemn the approval for application for t…

More and more miners are crossing the picket line at the Giant gold mine near Yellowknife, N.W.T., where a labor dispute has kept most union workers off the job since May of this year. The dispute ran…

Commercial production at the Castle Mountain gold mine in eastern California was established in early April of this year, just six weeks after startup. It was good news for operator and 75% owner Vice…

Although it was staked 65 years ago, the Lightning gold zone in northeastern Ontario was only discovered in 1984. Now, after a protracted session of haggling over ownership interests, the property’s s…

A study of a proposed garnet quarrying and processing operation near the Apex recreation area 32 km west of Penticton, B.C., was recently completed, although no decision was made on the project’s futu…

TVX Gold (TSE) and Golden Knight Resources (TSE) have discovered two gold zones about 100 metres northeast of their jointly owned Casa Berardi Est mine in northwestern Quebec. The companies say a bore…

An exploration program is under way at the More Creek property owned by joint venture partners Adrian Resources (VSE) and Hemlo Gold Mines (TSE). The polymetallic mineralization on the More Creek prop…

Recently cut loose by its parent, RTZ (NYSE) of London, Toronto-based Rio Algom (TSE) realized earnings of $8.2 million in the second quarter compared with $6.4 million for the same period of 1991. Ri…

Drilling is expected to commence on the Woolgar copper property in the Northwest Territories in early August, reports Rhonda Mining (ASE). Noranda (TSE), as owner and operator of the 37,375-acre prope…

Week’s Price (US) Change Gold* $352.90 – $5.30 Silver* $ 3.88 – $0.06 Platinum* $377.35 + $3.35 Nickel** $ 3.34 – $0.03 Lead** $ 0.30 + $0.01 Copper $ 1.13 – $0.01 Zinc $ 0.61 $0.00 Courtesy of Scotia…