Articles by Northern Miner Staff

A renewal of an offer to exchange 5.75% convertible bonds into convertible preferred shares at a ratio of 2,940 preferred shares for each CHF (Swiss franc) 5000 bond, until Sept. 27, has been announce…

Marshall Minerals (ASE) announced a normal course issuer bid to acquire about 1.4 million of its outstanding shares through the open market to Sept. 15, 1992. The company has almost 27 million shares …

The Canadian business community faces a crisis of confidence in our credibility with the general public. Too many Canadians believe that we, the business community, do not operate in a manner that ben…

Constitutional issues aside, Inco Ltd. was the big talking point among mining watchers during the week ended Sept. 24. The nickel miner’s activities clearly caught the attention of residents in Sept-I…

American Barrick Resources Chairman Peter Munk stands to make $36.6 million when he sells two million shares he bought earlier this year through stock options granted in 1987. Munk will likely take a …

Surface drilling on the western portion of the Orchan property near Matagami, Que., has discovered a deep, massive sulphide deposit with one hole intersecting 130.1 ft. grading 17.31% zinc and 2.11% c…

Following its court battle with Metalore Resources over the Brookbank gold property in northwestern Ontario, Ontex Resources has announced a letter of intent covering an option deal with large gold pr…

A human resource development agreement has been signed by the Saskatchewan government’s education ministry and Minatco under which the latter will hire, train and promote “northerners” at its mining o…

Less than a year after bringing its Oronorte property in Columbia into production, Greenstone Resources (TSE) is getting ready to hatch a second Latin American gold mine. At a capital cost of US$17.6 …

Matachewan Consolidated Mines (TSE) is preparing to defend itself against a recent government order to clean up tailings material that spilled into the Montreal River in October, 1990. To pay for the …

The phase-III expansion of the East pit at the Gibraltar mine near McLeese Lake, B.C., will begin to generate revenue later this year for Newcoast Silver Mines (VSE). Newcoast owns a 30% net profits i…

Deak Resources (TSE) and Kennecott Canada, a unit of Utah-based Kennecott Corp., are teaming up to explore areas of mutual interest to the east of Deak’s Kerr gold mine near Kirkland Lake, Ont. The co…