Articles by Northern Miner Staff

The 1989 exploration program by Royalstar Resources (VSE) on the Bob Creek property near Houston, B.C., will include close to 9,000 ft of drilling to further delineate three partly- defined zones of l…

Golden Crescent Resources (ASE), which is earning a 49% stake in 26 exploration projects owned by Placer Dome Inc. (TSE), has begun a surface stripping program at Talbot Lake, near Geraldton, Ont. Gol…

Bitech Corp. (VSE) and Equity Silver Mines (TSE) have agreed to modify the joint venture agreement relating to the phase one exploration program of the Nugget Pond project in Newfoundland. Under the r…

Drilling has resumed on VSM Exploration’s (ME) Grevet base metals project southeast of Matagami, Que. A majority of the drilling will focus on defining and expanding reserves on the Grevet M property,…

Pelham Gold “N” Grain (ASE) has sold its interests in the Wonder property in Nevada. Spinnaker Resources, a private company, has acquired Pelham’s contract giving it the right to earn an interest in t…

N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Jul115.00 113.30 114.25 + 3.80 Sep113.50 111.30 112.55 — .05 Dec109.20 1??.40 108….

Freewest Resources (ME) has moved quickly to acquire ground near the Orex Explorations gold play in Nova Scotia. Freewest has staked 45 claims in the Upper Seal Harbour area, approximately two miles w…

The metals and minerals index gave a helping hand to the composite index as it reached a new high this week of 3935.23 pts. Metals and minerals, which were up by more than 3% to 3415.96 pts, responded…

Battle Mountain Gold (TSE) has signed an option to increase its interest in Inti Raymi, a Bolivian mining company, to 51% from 33.3%. The agreement gives Battle Mountain the option to purchase 35,332 …

Newmont Gold Company (NYSE) has completed start-up operations at its Number 4 mill in the Carlin area of Nevada. The mill began operations June 1, one month ahead of schedule and throughput exceeded 5…

Toronto-based Metall Mining (TSE) says it has filed a prospectus for a public offering of $125 million in convertible subordinated debentures. With an annual interest rate of 7.5%, payable semi-annual…

The keynote speaker at Western Gold Expo, to be held in Denver, Colo., Sept 29, will be mineral economist Simon Strauss. The 2-day conference is sponsored by the Denver Gold Group, an organization dev…