Articles by Northern Miner Staff

Rand Buhler appointed a director.

Philip Speyer appointed president succeeding Logan Anderson who resigned; William Timmins appointed director succeeding Harold Moll who resigned.

Mentor Exploration & Development (TSE), which controls Agnico-Eagle Mines (TSE), continues to increase its stake in the Toronto-based gold producer. During the first week in February, according to the…

After securing $3.4 million in loans from the Northern Ontario Heritage Fund and the FedNor Core Industrial Program, Deak Resources (TSE) has been able to complete agreements for a $3-million private …

Price (US) Week’s Change Gold* $364.20 – $ 1.00 Silver* $ 4.04 – $ 0.02 Platinum* $401.45 – $ 5.05 Nickel** $ 3.98 + $ 0.08 Lead** $ 0.27 $ 0.00 Copper*DA $ 1.08 – $ 0.02 Zinc*DD $ 0.54 + $ 0.00 Court…

Marshall Minerals (ASE) reported completing the acquisition of the 45% interest in the Sangold property at Foleyet, Ont., it did not already own. Marshall issued 748,886 shares at $1.05 per share (for…

South American Goldfields (TSE) recently raised $460,000 through a private placement involving 575,000 shares at 80 cents per share. Proposed was the sale of up to one million shares. The company said…

There will be big things happening in British Columbia’s mining industry for the rest of this century, big enough to warrant raising the old question of whether the West Coast needs a copper smelter. …

With little else to focus on apart from weak gold prices and a flurry of mixed economic signals, confused investors elected to stay out of the market during the week ended March 19. Although Finance M…

Metall Mining (TSE) has raised $65 million from a public offering to reduce bank debt and provide funds for other corporate purposes, including the financing of projects in North America, Europe and t…

N.Y. Commodity Exchange High Low Close Week’s Change COPPER (HG) (in US cents per lb.) Mar 107.85 107.10 107.40 – 3.70 Apr 106.50 106.00 106.80 – 2.45 May 106.20 105.20 105.95 – 2.30 SILVER (in US cen…

Toronto-based Noranda (TSE) foresees lower earnings and cash flows in its four operating divisions this year unless there are unexpected increases in commodity prices or a drop in the value of the Can…