Articles by Northern Miner Staff

Golden Nevada, Bethlehem to buy Goldstream mine

Although the price wasn’t disclosed, Golden Nevada Resources (TSE) and Bethlehem Resources Corp. (TSE) have signed a letter of intent to purchase a 100% interest in the Goldstream deposit and related …


Managing TIMELY ADVICE

It has often been said, live for today, not tomorrow. Or that we think of the past with regret and the future with fear. Or never look back — you’ll die of remorse. In other words, when we look back …


Ridgeway revives Galactic

Success was about as elusive as the gold in its first mining venture, but Galactic Resources (TSE) is reporting an exceptional start for its recently- opened Ridgeway gold mine in South Carolina. The …


World Gold Conference at Lugano, Switzerland

This year’s World Gold Conference will be held in Lugano, Switzerland on June 26-27. The conference attracts investors, miners and dealers from around the world regardless of the state of the gold mar…


Hemlo Gold expanding output

Canada’s second largest gold mine plans to get bigger during the next several years. Golden Giant, owned by Hemlo Gold Mines (TSE) expects to increase its gold output to an average of 430,000 oz per y…


On the Move (May 01, 1989)

Stephen McMurray is the general manager of blm Mincon, a new manufacturer and distributor of mining and construction products, based in Lively, Ont. BLM, one of the Bharti Laamanen Mining group of com…


Law DEALING WITH DEFAULT

“Sorry, but we just could not raise the money.” These or similar words often immediately precede, or are used to explain, the occurrence of an event of default under an agreement. The result that can …


Falco Gold profit (May 01, 1989)

Falconbridge Gold (TSE) realized earnings of $1.36 million or 10 cents per share for the first quarter of 1989 ended March 31. Revenues totalled $15.1 million from the sale of 31,880 oz of gold. Mine …


Silverado, Amax Gold consider joint venture

Silverado Mines (VSE) says it has reached an “understanding” with Amax Gold (NYSE) for further development of the Grant mine/ Ester Dome project near Fairbanks, Alaska. Assuming the agreement is forma…


THE ECONOMICS OF THIOUREA

If cyanide costs $2 per kg and if it costs between $8 and $14 per kg to destroy it by chemical methods, then it may be more economic for a gold mine to use thiourea to leach its ore. Here’s the reason…


Continental Mt Milligan

The extent of the low grade porphyry gold-copper system at Continental Gold Corp.’s (VSE) Mt. Milligan project in central British Columbia should be known after the current step-out drilling program i…


Cominco still adding up profits

Although most base metal producers won’t say how long they expect metal prices to remain strong, the latest financial results from Cominco Ltd. (TSE) suggest the good times are not over yet. Higher me…


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