Articles by Northern Miner Staff

The drilling of the first of several deep holes from the 2250 level to test the Kerr zone is under way at the Virginiatown, Ont., gold project of Armistice Resources (ME). The holes are part of a 35,0…

A series of workshops is being scheduled by Energy, Mines and Resources Canada to help prospectors and mining executives understand key features of the Canadian Exploration Incentive Program (CEIP). A…

Quebec gold producer Louvem Mines (TSE) reports that it is in default of a deposit of 1,440 oz gold to a reserve fund which should have been deposited with a trustee by April 1. Louvem says it will as…

Consolidated Silver Butte Mines (VSE) has begun to diversify into the petroleum and natural gas business. The company recently acquired a 10% working interest in six sections of oil and gas lands in s…

Three potential gold-bearing claim blocks have been added to the property inventory of Dolphin Explorations (TSE) in southwestern Newfoundland, the company reports. The Phillips Brook extension, a 46-…

Canadian Mines: Perspective from 1988 — Production, Reserves, Development and Exploration. Mineral Bulletin MR 221. Prepayment $9(C); other countries $10.80(C) Canadian Government Publishing Centre, …

Toronto-based Kam-Kotia Mines (TSE) has enough cash on hand to pay off a $3.5 million bank loan it negotiated a year ago to help acquire a sodium sulphate business in Saskatchewan, President John Kach…

N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) May135.00 131.10 131.25 — 7.05 Jul130.10 127.10 127.40 — 8.00 Sep126.50 123.50 1…

Noranda Inc. (TSE) has purchased a further 300,000 shares of Crown Butte Resources (VSE), raising its stake in Butte to 26.5%. The deal, an off-market transaction, was exercised under a share option a…

Following a trend established in the gold mining industry, base metal producers are beginning to look at re-activating old mines. Companies are taking a hard look at old zinc producers like the Pend O…

With a large and diversified exploration portfolio, a bulging treasury ($47.5 million cash), with production, revenues and profits all on an upswing, this should be an exciting year for Rayrock Yellow…

Conwest Exploration (TSE) reports net earnings of $7 million in the first quarter of 1989 or 54 cents per share. That’s up from the first quarter of 1988 when net earnings were $4.3 million, or 35 ce…