Articles by Northern Miner Staff

The successful start-up of the Green Springs gold mine in Nevada has generated improved financial results for USMX Inc. (NASDAQ) in 1988. The Colorado-based company reported a net loss of $55,000(US) …

While the Vancouver market remained in the doldrums over the past week, brokers and investors here are taking note of a recent upswing in trading activity in New York and Toronto. A lukewarm economy a…

The London Metal Exchange (LME) will begin trading in a new tin contract June 1. LME Chief Executive Michael Brown said a decision to resume tin trading after more than three years was made by the exc…

A technical and financial feasibility study for a kaolin production facility is expected to be completed by the end of April, Ekaton Industries (TSE) says. The company anticipates plant construction b…

Unless the price of silver increases dramatically from its recent trading price of $5.80(US) per oz, Agnico-Eagle Mines (TSE) plans to suspend silver production in June. After shutting down its three …

The following is from a presentation on mining law in Canada by Reginald Tays, property manager at Falconbridge Ltd. Most prospectors have always felt that if they acquired title to a mining claim, …

Hamilton-based steelmaker Dofasco Inc. (TSE) says it has agreed to purchase the remaining 75% interest in Quebec Cartier Mining Co. from USX Holdings of New York for an undisclosed sum. Last month, Do…

Although capital costs have almost doubled to $70 million since the initial feasibility study, North American Metals (VSE) and Chevron Minerals will proceed with the development of their Golden Bear p…

N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Apr143.25 142.00 142.80 + 1.80 May141.10 139.10 140.90 + 0.90 Jul133.50 131.50 …

Although it is still listed as a Canadian mining company, Toronto-based Northgate Exploration (TSE) looked more like an investment banking firm in 1988. By investing more than $134.6 million in 12 Nor…

Toronto-based Diepdaume Mines Ltd. (VSE) proposes to issue 500,000 units representing one million flow-through shares (one unit two shares) at 60 cents per unit, provided it gets approval from all app…

Forbex Mining Resources (ME) is planning an exploration program on the former producing Poirier zinc-copper mine near Joutel, Que. The program is part of Forbex’s option agreement to earn a 50% intere…