Articles by Northern Miner Staff

Aurizon Mines (TSE) has granted Ezekiel Explorations (VSE) the right and option to participate in a joint venture and earn a 49% interest in 16 claims adjacent to the discovery property of Aur Resourc…

Falconbridge Gold Corp. (TSE) should achieve gold sales this year of roughly 90,000 oz, a figure that puts it squarely within the ranks of this country’s tier two gold players. Normal production from …

While volumes were down substantially from levels seen during the last two weeks of July, there was still plenty of action to consider this week on the Alberta Exchange. The Gold Vessel issue, which h…

Giant nickel producer Falconbridge Ltd. (TSE) could soon have a new controling shareholder and it may not be Noranda Inc. (TSE). Falconbridge and large U.S. metals supplier Amax Inc. (NYSE) have enter…

I do not particularly like the new Canadian “loonie” one-dollar coin. It’s another big coin for the pocket. However, it’s not as heavy as the relatively new, ugly heavy brass one- pound sterling U.K. …

American Ore (ASE) has begun its exploration program on the Iskut joint venture property equally owned by American Ore, Golden Band Resources (VSE) and Prime Resource Corp. (VSE). The property is loca…

Vancouver-based 007 Precious Metals (VSE) has completed a 10-hole drill program on its Rainbow Island property at Sturgeon Lake in northwestern Ontario. The shallow drill program tested known gold-bea…

Fleck Resources (VSE) is seeking joint venture offers for its Dunka Road base metals deposit in Minnesota. An in-house reserve estimate concludes the deposit hosts 170 million tons of material grading…

Lower silver and gold prices brought about a 1989 first-half loss for Callahan Mining Corp. (NYSE). The Arizona-based company produces silver from the Galena and Coeur mines in Idaho, and gold from th…

Rouyn-Noranda-based junior Bonanza Metals has just completed a $768,000 financing and is set to launch a 30,000-ft drilling program next week on the former producing Poirier zinc-copper mine, near Jou…

Net income from operations for M.A. Hanna (NYSE) reached a record level of $20.9 million(US) or 74 cents per fully diluted share in the quarter ended June 30. The Ohio-based company said this represe…

Teck Corp. (TSE) recorded a net earning of $25 million or 31 cents per share in the quarter ended June 30. In the same quarter of last year Teck’s earnings were $20.9 million or 26 cents per share. R…