Articles by Northern Miner Staff

Exploration Miniere du Nord (ME) says it is planning a rights offering to finance exploration on its Lozeau and Isle-Dieu properties east of Matagami Lake, Que. The Amos, Que., company owns about 3,20…

If the past week’s action on the Vancouver Stock Exchange were likened to a member of the animal kingdom, the beast most likely to come to mind would be a slug. The market has been unable to shake its…

Construction of the mill at the Congress gold mine project in Arizona is 95% complete and the first gold should be poured by about the first of July, Marc Henderson, president of Malartic Hygrade Gold…

If miners are not already doing business in Western Europe, it will become increasingly difficult to do so after Jan. 1, 1993. As well, the Soviet Union is open for mining business. That was the messa…

Increased revenue and gold output were reported by Cambior (TSE) for the first quarter of 1990. Net income declined slightly. The Val d’Or, Que.,-based producer recorded net earnings of $4.6 million (…

“Do we need minerals? Only if we want buildings, roads, ships, cars, airplanes, glass windows, plates, cutlery, industrial machinery, communications equipment, energy generation and transmission, and …

Volume was light-to-moderate this week but investors seemed to know what they wanted. The general market portfolio index jumped almost 55 points for the week ended May 8, and the mining and minerals i…

With net earnings of $2.3 million for the 1990 first quarter, Princeton Mining (TSE) is still firmly in the black and paying dividends even though this year’s results are off considerably from the 198…

At a time when high interest rates and the strong Canadian dollar are sending corporate profits on a downhill slide, Corona (TSE) has managed to buck the trend, doubling its first-quarter earnings to …

Donald Hurd, a well-known prospector, died in Kirkland Lake, Ont., May 5. He was a member of both the Prospectors and Developers Association and the Canadian Institute of Mining and Metallurgy. Born i…

The minerals sector of Noranda (TSE), which slipped to third place in 1989 in terms of earnings among the company’s operating divisions, was riding high again during the first quarter of 1990. Operati…

The sale of 20% of P.T. International Nickel Indonesia is proceeding on schedule, Inco (TSE) Chairman Donald Phillips told a group of mining analysts in New York. As a result of the sale, Inco should …