Articles by Northern Miner Staff

Editorial Foreign capital enhances opportunities

It’s hard to imagine an issue that rings as truly Canadian as the impending sale of Falconbridge Ltd. to U.S.-based Amax Inc. It has all the elements of the traditional struggles between commerce and …



Strike acquisition

Strike Minerals (COATS) has acquired 103 claims in Baden Twp., Ont. The claims are adjacent to a 28-claim block already owned by the company. An airborne geophysical survey has been completed.


Ego option deal

Toronto-based Ego Resources (TSE) has optioned a 17-claim gold- silver property near Brislane Lake, N.W.T., from Initiative Explorations (COATS). The agreement gives Ego the right to earn a 100% undiv…



Louvem-Aur dispute takes centre stage

Now that three of Canada’s largest mining companies have agreed to participate in the Louvicourt Twp. joint venture east of Val d’Or, Que., a resolution to an ownership dispute is expected to be the n…


COATS (over-the-counter) Bonanza steady

A heavy trader this week was Bonanza Metals with 44 transactions in the 95 cents -$1.15 range. This Quebec- based junior is hoping to come up with extensions to the former Poirier copper-zinc deposit …


New X-Cal find

A new gold discovery has been made by X-Cal Resources (TSE) on the company’s Snowbird property near Fort St James, B.C. Located 1,600 ft east of the East zone, the new gold-bearing zone is within a gr…


Hope Brook needs better gold price to show a profit

Having solved a number of operating glitches at its Chetwynd, Nfld. gold mine, Hope Brook Gold (TSE) is currently grappling with a new problem that is obviously beyond its control. As a result of lowe…



Asarco directors adopt rights plan

The board of directors of base- metals producer Asarco Inc. (NYSE) has adopted a shareholder rights plan in which preferred stock purchase rights will be declared as a dividend at the rate of one righ…



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