Articles by Northern Miner Staff

Results from an ongoing drilling program on the Laurani gold-silver property 130 km south of La Paz, Bolivia has United Mining Corp. (OTC) and its 50/50 joint venture partner considering an undergroun…

The federal government and the government of Quebec have teamed up to provide a grant of $1.97 million to Audrey Resources (TSE), which is building a mill at its Mobrun project north of Rouyn- Noranda…

For 9-month period ended Sept 30, 1988. In millions of dollars, except per-share figures. 1988 1987 Assets $5,699 $8,258.6 Long-term debt $2,167.0 $1,706.0 Revenue $6,578.0 $7,366.2 Ear…

Gold producer Malartic Hygrade Gold Mines (Canada) (VSE) and Gold Texas Resources (VSE) are battling each other in court over a proposed merger involving Gold Texas and two Texas-based junior mining c…

Calgary-based Octan Resources (ASE) has completed the acquisition of Terra Mines’ (TSE) Camsell River assets in the Northwest Territories which were shut down due to low silver prices in 1985. They in…

Toronto-based Goldex Mines (TSE) will continue to play wait and see with its Dubuisson Twp. property near Val d’Or, Que. After spending $13.4 million since 1985 on surface and underground exploration,…

For 9 months ended Sept 30, 1988. In millions of dollars, except per-share figures. 1987 Assets $121.7 $129.6 Long-term debt $10.0 — Revenue $279.1 $234.3 Earnings (loss) $13.6 $35.6 …

For 9-month period ended Sept 30, 1988. In millions of dollars, except per-share figures. 1988 1987 Assets $1,996,600 $1,815,900 Long-term debt $337,600 $318,000 Revenue $1,160,600 $915,0…

Buyers came back today after a short bout of profit-taking earlier in the week. Traders tacked 12.96 pts to the composite index which closed at 3567.84 pts on volume of 26.1 million shares. Despite a …

Initial drill results from the Ferro Mine property near Snow Lake, Man. have Pierce Mountain Resources (VSE) confident new tonnage will be added to proven and probable reserves estimated by previous o…

For 9-month period ended Sept 30, 1988. In millions of dollars, except per-share figures. 1988 1987 (as of (as of Dec 31/88) Dec 31/87) Assets $795 $750.1 Long-term debt $0.778 $66.0 R…

The president of Hudson Bay Mining & Smelting (TSE), Lloyd Nilsen, runs the safest nickel- mining company in the country. Safe from takeovers, that is. His company’s 813,267 common shares (as of Decem…