Articles by Northern Miner Staff

Following the sale of its interest in the Hanson Lake copper-zinc deposit near Flin Flon, Man., Trimin Resources (TSE) is moving out of mining and into plastics. Armed with about $9.5 million in cash…

Preparations for a 5,000-ft. drill program are now in progress on the Katie property, a porphyry copper-gold prospect owned by Yellowjacket Resources (VSE) near Salmo, B.C. The program is being carri…

Directors of Wilanour Resources (TSE) have elected to hire an independent consultant to determine whether the old Cochenour gold mine near Red Lake, Ont., should be brought back into production. Unhap…

The reopening of the Van Stone mine is a welcome event to local residents who depend primarily on the flagging logging industry for employment. Of the 75 employees at the mine, almost all were hired l…

A block of 54 claims in the Randsburg district of southern California was recently purchased by Glamis Gold (TSE) from DRX Resources (NASDAQ). Glamis paid DRX US$200,000 for the claims and plans to u…

Taking a big hit on the market for the week ended July 2 was Perrex Resources. Trading over four million shares, the junior gold explorer lost three quarters of its value to close at one penny. Althou…

Following the southerly migration of exploration dollars, Canmine Resources has agreed to acquire a 100% interest in the San Antonio silver property in the province of Chihuahua, Mexico. In exchange …

Interest in Mexico’s mineral deposits has surged recently after the country announced its decision to allow 100% foreign ownership of local companies for up to 12 years. The prospect of free trade amo…

Trading volumes struggled but the market turned positive during the holiday-shortened week ended July 2. The mining and minerals index jumped by 33.7 points and the market portfolio moved ahead by 5.8…

BGR Central Net Value $9.00 $5.24 Price $7.75 $4.750 Discount 13.89% 9.4% Value $53,599,558 $79,915,425…

Encouraged by recent results at Aurizon Mines’ (TSE) Sleeping Giant gold property north of Amos, Que., Cambior (TSE) is committed to spending $3.6 million on underground exploration. In a bid to dete…

In return for an option to purchase shares of Northfield Minerals (ASE), Dynatec Mining has agreed to develop and mine above the 695-ft. level at the Cheminis site near Virginiatown, Ont. The option,…