Articles by Northern Miner Staff



MRI seeking new ventures to replace Nanisivik

With a banner year for earnings behind it and another one shaping up, Mineral Resources International (TSE) continues scanning the horizon for new opportunities and sources of revenue. “We could easil…


Malartic acquires Congress mine from Echo Bay

Seeking a foothold in the U.S., Malartic Hygrade Gold Mines (VSE) of Toronto has acquired the Congress gold mine in Arizona from Echo Bay Minerals (TSE). The deal gives Echo Bay 400,000 Malartic commo…


First year gold output 33,000 oz for Crown

Gold output at the Kettle River project of Echo Bay Mines (TSE) and Crown Resources (NASDAQ) is expected to reach about 110,000 oz in the first year, 33,000 oz of that total accruing to Crown Resource…


Placer completes Paymaster purchase

Placer Dome (TSE) has completed the purchase of a 60% interest in the Paymaster gold project at Timmins, Ont. American Reserve Mining (VSE) has received $18.2 million in cash for the sale of both the …


Noranda in place to take control of Aur discovery

Toronto-based Noranda Inc. (TSE) is quietly positioning itself to take advantage of a massive sulphide discovery reported recently by Aur Resources (TSE) and Societe Miniere Louvem (TSE) at the Louvic…



Layoffs result as companies try to cust costs

Exploration staff at several mining companies have been reduced in the past six months in an effort to cut costs and keep overhead costs to a minimum. Exploration is commonly the first area to be cut …



GASPE CONCENTRATOR

When the fatal fire in 1987 closed Wthe E Zone mine at Murdochville, Que., management at Noranda Minerals didn’t have a difficult choice to make as far as the smelter was concerned. The 70,000-tonne-p…



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