Articles by Northern Miner Staff

Spirit Lake preparing gold reserve estimate

A preliminary reserve estimate is expected soon from Spirit Lake Explorations (ME) for the company’s Edwards gold property, 37 miles northeast of Wawa, Ont. The claims are underlain by the same shear …


Vancouver Stock Exchange Pezim at centre stage

What received more attention for the week ended April 3: Pezim- related companies via trading in the market or Pezim himself in the press? Notice of a hearing by the British Columbia Securities Commis…


Northfield signs deal to acquire gold mine

Toronto-based Northfield Minerals (ASE) has signed a definitive agreement to purchase control of the Cheminis gold mine property near Larder Lake, Ont., where recommissioning of the shaft, surface and…


Teck pursues interest in Pine Point Mines

Teck (TSE) will soon make a bid to acquire a substantial portion of Pine Point Mines (TSE) through Nunachiaq, a private company jointly owned by Teck, Metallgesellschaft of Germany and M.I.M Holdings …




Alberta Stock Exchange Lacklustre trading

Last week’s collapse in bullion prices might have created a “second chance” buying opportunity for investors to pick up gold shares at a discount. But, judging by the lacklustre trading pattern during…


Macassa output during March best in 57 years

The Macassa gold mine of LAC Minerals (TSE) near Kirkland Lake, Ont., smashed its previous records by posting a single-month gold output of 12,353 oz. in March. The mine had never before produced more…



Tough times hit mining towns hard

Few need to be reminded of how tough things were during the recession of the early 1980s. Lessons learned then are still fresh in the minds of those who work in the mining industry. What is perhaps le…


Northair drops Deception Lake

After compiling results from a recent exploration program, Northair Mines (TSE) elected not to participate in the future development of the Deception Lake property in northern Saskatchewan. The compan…


Malartic Hygrade loan to fund Congress mill

Malartic Hygrade Gold Mines (VSE) recently arranged a US$5- million gold loan facility with the Bank of Nova Scotia to finance plant construction at the Congress gold mine in Arizona. The loan bears a…


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