Articles by Northern Miner Staff


Takeover costs reduce earnings of Falconbridge

Expenses related to the recent takeover of Falconbridge Ltd. (TSE) led the major nickel producer to reduce its third-quarter earnings by $37 million. Noranda Inc. (TSE) and Swedish firm Trelleborg AB …



Montreal Exchange Record-high index

It was a long climb, but the Montreal Exchange’s general market portfolio index this holiday- shortened week rose to a new high, despite a downturn by resources issues. The market portfolio, up 22.5 p…



Bill Roscoe lecture

Bill Roscoe of Roscoe Postle Associates will deliver a talk Oct 19 on mining property values and the 1987 stock market crash. The event, jointly sponsored by The Canadian Institute of Mining and Metal…


Armistice plans new drill program

A 10,000-ft drilling program is planned by Armistice Resources (ME) for its Virginiatown, Ont., gold property, shareholders were told at the recent annual meeting in Toronto. The drilling, to cost $75…


Gold funds as of Oct 10

MVP BGR Central Capital Net value $11.72 $5.94 $0.57 Price $10.25 $5.50 $0.26 Discount 12.54% –7.4% 54-4% Value $69,758,508 $ 99,910,632 N/A…



Glimmer benefits from drill results near Matheson

A significant gold discovery has been made by Noranda Inc. (TSE) on property held under option from Glimmer Resources (VSE). The 14-claim property is in Beatty and Hislop twps., about 45 miles east of…


Inco’s reserves good for 20 years

Inco Limited (TSE) is always at least 20 years ahead of the game when it comes to keeping track of available, potentially mineable nickel ore reserves. While the exact use of the reserves, year by yea…


Nickel price to fall, but not drastically

The bull market for nickel may be nearing an end, but a price collapse does not appear to be in the works, at least according to two analytical sources. The base metal, which climbed to $10.84(US) per…


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