Articles by Northern Miner Staff

Initial drilling results from the Quet property, 90 km northeast of Vancouver, returned wide intersects of low-grade gold. Noranda (TSE) is earning a 60% interest in the property from Aranlee Resource…

A recent joint venture agreement between Bethlehem Resources (TSE) and Goldnev Resources (VSE) will provide for ongoing exploration of several prospects in the vicinity of the Goldstream polymetallic …

A proposed joint venture agreement is setting the stage for Pacific Century Explorations (VSE) to take on a partner for continued exploration of the Pay Dirt property in northwestern British Columbia….

St. Genevieve Resources (TSE) recently bought for cancellation, $10.7 million worth of its 5.625% convertible bonds, through a transaction on the Swiss bond market. The bonds were purchased for the eq…

The Goldenrae alluvial gold mine in Ghana, West Africa, has entered into production, two weeks behind schedule but 10% below budget. At operating costs of below US$130 per oz., part-owner Sikaman Gold…

London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date October 9 October 8 October 5 October 4 October 3 Copper 1460-1464 1454-1456 1470-14…

MVP BGR Central Capital Net value $10.35 $5.74 $0.29 Price $9.375 $5.375 $0.16 Discount 9.42% 6.4% 44.8% Value $61,640,194 $90,430,613 N/A…

The Teck-Corona Williams mine at Hemlo, Ont., is expected to produce about 500,000 oz. of gold this year, maintaining its 1989 status as the largest gold bullion producer in the nation. The mine’s imm…

Cyprus Metals Exploration and equal partner Mitsui of Japan have tabled the first results from an 8,000-ft. drill program on Noble Peak Resources’ (ASE) Crypto zinc deposit in Utah. The first of five …

When Strathcona Minerals was attempting recently to prepare a valuation on Belmoral Mines’ (TSE) Val d’Or, Que., mill and two money losing gold mines, it took what seemed to be the only course open to…

A new minister for mines for Quebec has been named following a cabinet shuffle by Premier Robert Bourassa. Deputy premier Lise Bacon has assumed direct responsibility for the mines portfolio under her…

The Black Pine property in Idaho is slated to become the sixth mine for Pegasus Gold (TSE), a Spokane-based producer which currently turns out over 340,000 oz. gold from five operating mines in the we…