Articles by Northern Miner Staff

The Christmas holiday may have shortened the trading week to three days, but the news was mostly cheery. The metals and minerals index closed up 18.6 points, while the general market portfolio index m…

Hecla Mining has acquired an option on the Cape Spencer, N.B., gold property owned by Mispec Resources (ME). Under the terms of their agreement, Hecla has the right to earn a 51% interest in the claim…

As each year comes to a close, economists and analysts bring out the crystal ball and make projections on what is in store for the future. Although the threat of recession and unrelenting high interes…

Stratabound Minerals (ASE) has released some encouraging results from its 100% owned CNE zinc-lead-silver property near Bathurst, N.B. where reserves above the 130-ft level stand at 210,000 tons of gr…

The industry honored some of its own last January at the inaugural dinner of the Mining Hall of Fame held at Toronto’s Royal York Hotel. Keynote speaker at the event was former Falconbridge chairman B…

Trading profits of $2 million for the six months ended Sept 30 kept Imperial Metals (TSE) in the black. The company reported net earnings for the period of $1.33 million on operating revenues of $2.1 …

ALUMINUM: MW U.S. Market US73.00 cents – 74.75 cents per lb. (Dec 14, 1989). ANTIMONY: New York dealer US81 cents -84 cents per lb. (Nov 30, 1989). BISMUTH: New York dealer $4.40-$4.50(US) per lb. (D…

The bull market in base metals would appear to be over, at least for a London research firm which points out that during the fourth quarter of 1989, metals “either returned to the defensive or continu…

The Louvicourt Twp., Que., find of joint partners Aur Resources (TSE) and Societe Miniere Louvem (TSE), the hottest base metals discovery since Kidd Creek, brought a sluggish June mining market to lif…

Vancouver promoter Murray Pezim’s connection with Corona Corp. (TSE) was weakened substantially when he sold almost all of his remaining stake in the Toronto- based gold producer recently. According t…

CAROLIN MINES — Michael Berne appointed chairman of the board, president and chief executive officer; R.D. Anthony and Robert Handfield, vice-presidents and Major General Norman Ross, corporate secre…

North America’s richest goldfield keeps getting richer. In August, Denver-based Newmont Gold pulled an intersection of 350 ft of 0.768 oz gold per ton from its Deep Star property along Nevada’s Carlin…