Articles by Northern Miner Staff

Surface drilling has resumed at the massive sulphide project of Aur Resources (TSE) and Societe Miniere Louvem (TSE) after a short Christmas break, says Aur Vice- President Howard Stockford. Operator …

Already this winter Falconbridge has suffered power shortages at its Sudbury operations for 14-hour stretches on several consecutive days — a total of 110 hours in December alone. The demand for powe…

Kokanee Explorations (VSE) is carrying out an exploration program on its Vine property 16 km from Cranbrook, B.C. Held under option from Cominco (TSE), the Vine property’s geology is considered analog…

One of the ways in which mining companies attempt to motivate and reward their key employees is to grant them options to purchase a specific number of shares at a specified price. Typically, if the co…

An agreement between Galactic Resources (TSE) and an undisclosed major international mining company for the sale of 75% of Galactic’s stake in Far Southeast Gold Resources is on hold. Galactic had pla…

Toronto-based Northfield Minerals (ASE) says a private placement of 250,000 common shares to affiliate Northfield Capital (COATS) was completed recently. According to Northfield Minerals, it has raise…

The more open attitude toward foreign investment in the Soviet Union provides some interesting opportunities, and where there are opportunities, you’ll find Canadian mining companies. One of Canada’s …

A quiet trading pattern prevailed during the holiday season and left most junior mining shares unchanged. A single transaction involving 100,000 shares of Milestone Resource left that issue unchanged …

The board of directors of Toronto- based Agnico-Eagle Mines (TSE) recently declared a US10 cents per share dividend payable May 1, 1990, to shareholders of record April 3, 1990.

St. Genevieve Resources (TSE) has reported net income of $1.3 million or 7 cents per share for the nine months ended Sept. 30, 1989, compared with a loss of $2.8 million or 20 cents per share for th…

Kimex Resources (ME) has signed a letter of intent with Wabigoon Resources (COATS) which gives Kimex the right to earn a 50% interest in Wabigoon’s Hunter gold project near Timmins, Ont. The interest …

Now that the Robinson gold mine litigation is officially settled, Alta Gold (NASDAQ) and partner Echo Bay Mines (TSE) expect to produce about 115,000 oz. gold at Robinson in 1990. Kennecott recently g…