Articles by Northern Miner Staff

Amax Gold results lower in quarter

Amax Gold (NYSE) reported net earnings of $9.2 million or 15 cents per share in the first quarter of 1989 compared to $12.5 million or 21 cents for the same period of the previous year. Earnings w…


Vista extends gold zones

Drilling by Vista Mines (TSE) and Cameco has extended two mineralized zones on the Batty-Graham gold property 15 km west of Flin Flon, Man. The drilling was designed to test a series of stacked sub-pa…


Northfield ups stake in Rockford Minerals

Toronto-based Northfield Minerals (ASE) recently moved to tie up control of affiliate Rockford Minerals (TSE). Under a private agreement with Northfield Capital (COATS) and the Equity Group of Toronto…



1989 rebuilding year for Pioneer

A key item on the 1989 agenda for Pioneer Metals Corp. (TSE) will be rebuilding financial strength, President Robert Willis told shareholders at the recent annual meeting. The company’s financial diff…


Montana Resources gets $100 million from Asarco

A partnership is being formed by Montana Resources and Asarco Inc. to own the former’s Montana copper-mining business. Asarco will purchase a 49.9% interest in the partnership, with Montana Resources …



Mining needs to attract capital

This is a market like no other. Mining has seldom been in such a favorable position, yet mining stocks just can’t capture the attention of investors. Commodity prices for everything but gold and silve…



Granges Exp. faces Trout Lake law suit

Toronto-based investment firm Oxford Acquisitions Inc. recently launched a $100-million law suit against Granges Exploration (TSE) and Outokumpu over a recent deal involving the Trout Lake mine in Man…


Hecla posts loss of $2.5 million

A net loss of $2.5 million or 9 cents per share was reported by Hecla Mining (NYSE) in the first quarter. This compares to earnings of $4.9 million or 18 cents for the same period last year. Produc…


New reserves are discovered by Rouyn, LAC

New reserves have been discovered at the No 6 shaft of the Francoeur property near Rouyn-Noranda, Que., from recent exploration work on the 10th and 11th levels, Rouyn Mining Resources (TSE) reports. …


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