Drilling continues at Golden Bear
A recent drill program on the Golden Bear property in northwestern British Columbia is focused on testing for extensions of known mine reserves. The gold mine project is a joint venture between Chevro…
Articles by Northern Miner Staff
Executive shuffle at Noranda Minerals
Keith Hendrick will step down from his position as president and chief executive officer of Noranda Minerals as part of a recently announced executive shuffle. Alex Balogh, 58, has been chosen to succ…
Platinova, Corona analyzing results of Greenland work
Joint venture partners Platinova Resources (TSE) and Corona (TSE) are analyzing the final results from a recently completed $2.2-million exploration program at their Skaergaard gold-platinum project i…
Westmin boosts Premier Gold stake
A unit of Westmin Resources (TSE) recently acquired a 9.9% interest in the Premier Gold project held by a wholly owned subsidiary of Prime Resources Group (TSE). This acquisition boosts Westmin’s stak…
Underground drilling confirms continuity at Duquesne project
The latest results from an underground drilling program at the old Duquesne gold mine project north of Rouyn-Noranda, Que., confirm the continuity to the west of the main mineralized zones between the…
Platinum at the heart of metals used in medicine
From time to time, I have written with enthusiasm about the wide applications of platinum group metals, including specific applications in medicine, which embraces chemotherapeutic agents and dramatic…
Metalore shares fall $6
The common shares of Metalore Resources (TSE) have fallen by $6 to $13 since the company went to court on Sept. 4 against Ontex Resources (ASE) in a trial over the Brookbank gold deposit in northern O…
Higher costs clip FMC Gold earnings
Despite increased production and higher gold prices, FMC Gold’s (NYSE) third- quarter net income of US$10.9 million was slightly lower than the US$11.6 million reported in the 1989 third quarter. Sale…
Falco Gold to get African gold mines in asset swap
A proposed asset swap between Falconbridge Ltd. and its 51% owned subsidiary Falconbridge Gold (TSE) will see the latter company scoop up two African gold mines and 41 Canadian exploration prospects f…
U.S. REPORT Pacific Sentinel expands Arizona holdings
Drilling on the Golden West property has been delayed by Pacific Sentinel Gold (VSE) until it completes a surface exploration program on 222 newly acquired claims surrounding the Arizona gold project….
Placer owns 97% of Continental
About 8.3 million shares of Continental Gold (TSE), or about 97% of its outstanding shares, were tendered to a recent bid made by Placer Dome (TSE). Shareholders were offered a choice of $20 cash or o…
People MULTIPLEX RESOURCES
Craig Ishikawa appointed to the board of directors.