Articles by Northern Miner Staff

First-half earnings for Cheni Gold Mines (TSE) were $901,000 or 8 cents per share after extraordinary items. Cash flow during the period was $2.36 million, due largely to Cheni’s Lawyers gold mine in …

A recent action by Brazil to retain all foreign companies’ remittances of profits and dividends is likely to discourage overseas investors from considering any new projects in that country. The move h…

The first hole in a drill program under way on Black Hawk Mining’s (TSE) Minago nickel property has intersected encouraging results in a northeast extension to the main zone. The Minago nickel project…

Week’s Price (US) Change Gold*$361.20–$ 5.60 Silver*$ 5.13–$ 0.10 Platinum*$477.10–$ 8.25 Nickel**$ 5.72+$ 0.07 Lead**$ 0.34+$ 0.02 Copper$ 1.36+$ 0.05 Zinc$ 0.84–$ 0.04 Courtesy of Scotiaba…

Bouyant investor interest in base metal stocks helped push the integrated mines index higher to 4081.06 points this week. The Toronto Stock Exchange’s 300 composite index, a wide measure of Canadian s…

A major drill program comprising 58,000 ft in 74 holes has been completed on the Mt Hundere zinc- lead-silver property in the Yukon Territory by partners Hillsborough Resources (TSE) and Curragh Resou…

DEJOUR MINES — L.J. (Jack) Gunter appointed president and chief executive officer and to the board.

Having recently bagged a large U.S. copper mine for $83 million (US), Toronto-based Metall Mining (TSE) has set out to make the most of its investment. With production from the Copper Range mine expec…

Toronto-based Chutine Resources (VSE) has made a $150,000 private share placement agreement with Waverley Mining Finance PLC of Great Britain. The proceeds of the private placement will be used for ge…

Gold Torch Resources (VSE) has acquired a one-third interest in the Goldstream copper-zinc mine and mill complex located near Revelstoke, B.C. To acquire its interest Gold Torch paid $5 million to Bet…

Goldpost Resources (TSE) and Mining Corp. of Canada have entered into an agreement whereby the latter will purchase Goldpost’s Hislop West property situated east of Timmins, Ont. Goldpost will receive…

Billiton Minerals USA, the mineral wing of Houston-based Shell Oil Co., has signed a preliminary agreement to earn 51% in Ican Minerals’ (ASE) Racey gold project in southeastern Oregon. Last winter Ic…