Articles by Northern Miner Staff

An agreement has been finalized for the development of the Robertson gold property owned by Coral Gold (TSE). Under the agreement, Amax Gold (NYSE) can earn a 70% interest in the property by spending …

For the year ended Dec. 31, Brenda Mines (TSE) reported a loss of $9.4 million or $1.93 per share on revenue of $49.8 million. That compares with net earnings of $14.6 million or $3 per share on reven…

The Chief Gold Commissioner of British Columbia has ordered the cancellation of the DUP 1-3 claims which had been subject to an option agreement between Adrian Resources (VSE) and Paul Dupras and Alex…

A $175,000 drilling program is under way on Beaufield Resources’ (TSE) Lac Rouleau gold property held jointly with 52.5% partner Falconbridge Ltd. in northern Quebec. The property is about 70 miles no…

An agreement has been reached between Total Energold (TSE) and Plexus Resources (TSE), whereby Total will subscribe for a private placement of six million common shares of Plexus at $3 per share. The …

Earnings of $49.1 million (32cents per share) for 1989 before unusual and extraordinary items were reported by Corona (TSE), compared with restated earnings, before unusual and extraordinary items, of…

Kingswood Explorations continued to lead the action on the Alberta Stock Exchange trading almost two million shares during the week ended Feb. 27. It came off sharply over that period, losing 20cents …

The open pit potential of the mothballed Surluga gold project near Wawa, Ont., is going to be investigated, thanks to a recent agreement signed by Citadel Gold Mines (TSE) and Pan Orvana Resources, a …

ONTARIO Sindor Res — final rec iss offer 2,200,000 @ 50cents per unit to net $1,001,000. VANCOUVER Black Rock Nevada — 800,000 sold for gross $360,000. Fortress Res — opt exerc on 175,000 @ 40cents…

Trading was relatively dull during the week ended Feb. 27, the Vancouver Exchange dropping 0.42 points to 724.6. Gold bullion’s steep dip may have had something to do with the market’s lethargy. The y…

Investments in gold and oil production appear to have paid off handsomely for Toronto-based Horsham (TSE). Horsham, which controls American Barrick Resources (TSE), says net earnings in 1989 increased…

Earnings of $3.6 million (43cents per share), before unusual items, on revenue of $119.5 million were reported by Giant Yellowknife Mines (TSE) for 1989. After providing $3.8 million for an unusual af…