Articles by Northern Miner Staff

As described recently in T.N.M., (Jan.21/91), the Ontario Ministry of the Environment (MOE) i i th proces o servin wor order t forme owner an operator o tailing pon nea Matachewan Ont Followin heav ra…

Hector Monette, noted mining engineer, died recently in Quebec. He was 78. Born in Montreal, Monette graduated from the Military College of Kingston in 1934 and from McGill University in 1936. Upon gr…

Inflation has just about whisked away the penny, if not physically then at least in terms of value. But don’t expect it to disappear quite yet; all of the new and different tax grabs (the goods and se…

Options Open Series Volume Last Interest Feb. 370 C 586 3.70 545 Feb. 380 C 1,367 1.70 2,301 Feb. 390 C 302 0.9 2,583 Feb. 400 C 863 0.50 3,476 May 380 C 244 11.50 707 May 390 C 324 8.60 515 May 400 C…

The U.S. mining industry “never before has faced as many challenges” as it does this year, according to the chairman of the American Mining Congress (AMC), Milton Ward, who also is president of Freepo…

Belmoral Mines (TSE) has withdrawn its offer to acquire working and ownership interests in the Magino and Magnacon gold projects, near Wawa, Ont. .TBelmoral says that current gold prices dissuaded the…

The Ontario Ministry of the Environment has asked United Reef Petroleums (TSE) to clean up a lake contaminated by mining waste rock over 80 years ago. Because United currently holds the lease on the l…

In the late 1950s, the Soviets were the first to study the viability of using soil bacteria to locate ore. Since then others have followed suit. Nancy Parduhn, president of Cereus Exploration Technolo…

Judging by the improved volumes, investors have decided the time is right to play a more active role. For the week ended Feb. 5, daily trading volumes ranged between 6.1 million and 7.8 million shares…

Speculating on the results of a 20,000-ft. drilling program on the Bellechasse property southeast of Quebec City, investors sent shares of Golden Hope Mines up 10 cents to $1.10 on a volume of 97,137 …

Shares of Golconda Resources rose 5 cents to 24 cents in the week ended Feb. 5 after the company finalized an agreement to acquire a gold property in Oregon. Golconda can earn a 100% interest in the G…

The Ontario Securities Commission (OSC) ruled recently that George Albino, the former president of Toronto-based Rio Algom (TSE), unfairly used insider information to make a $52,000 profit from his st…