Articles by Northern Miner Staff

PAMOUR PROSPECT GROWS CHEERY At Pamour Porcupine, west-end developments continue to be very favorable. The Northern Miner can say that more than two years’ mill supply — better than one million tons …

Toronto-based Noront Resources (VSE) has entered an agreement with prospector Don McKinnon to acquire a 60% interest in the Hurdman Twp. base metal and Clavos West gold properties in northern Ontario….

ALUMINUM: MW U.S. market US56.50-58.00 cents per lb. (Sep. 12, 1991). ANTIMONY: New York dealer US82-84 cents per lb. (Aug. 8, 1991). BISMUTH: New York dealer US$3.15-3.25 per lb. (Jul. 18, 1991). CAD…

Despite a boost in the price of gold over the US$350 level again, the resource index remained flat over the week ended Sept. 24 at 533.63 while the composite index managed a 3.82-point gain to finish …

New York-based metals giant Asarco (NYSE) has reached a settlement with the U.S. federal government over alleged health and safety rule violations at its East Helena smelter in Montana. Back in 1988, …

Polymetallic miner Audrey Resources (TSE) has reached an agreement with Elders Finance Inc. to extend to June 30, 1992, the final reimbursement of its long-term debt of US$12.1 million. The maturity d…

Brokers from central Canada recently had their first look at the new underground coal mine here which will provide security for Curragh Resources’ (TSE) latest private placement. Cash flow from the We…

Sept 24 Sept 23 Sept 20 Sept 19 Sept 18 High Low Composite”300″ 3398.10 3396.61 3407.09 3411.95 3418.48 4009.47 3009.91 Metals & Minerals2893.55 2873.74 2894.73 2915.43 2919.88 3453.06 2502.63 Intergr…

Crowning 16 years of exploration by Inco (TSE) in the Victor area on the eastern rim of the Sudbury, Ont., basin, three deep drill holes have returned assays that are little short of momentous. Grades…

Ontario mining companies already under pressure from sagging metal prices are preparing to pay more for electricity after Ontario Hydro announced that it will increase its rates by an average of 11.8%…

Mining taxation is the subject of an international conference this week in Montreal. The conference, to run from Sept. 30 to Oct. 4 at the headquarters of the International Civil Aviation Organization…

Unionized employees at Denison Mines’ (TSE) Elliot Lake, Ont., uranium operations say they are prepared to strike in support of contract demands. Denison’s 400 uranium miners, who are represented by t…