Articles by Northern Miner Staff

A financing package that would have seen Golden Knight Resources (TSE) purchase one million shares of Plexus Resources (TSE) at $3 each has been terminated. It was contingent upon the latter’s Rawhide…

Another gold mineralized zone has been intersected by drilling on the Hislop property owned by Chevron Resources and Stroud Resources (TSE). Located near Timmins, Ont., the Hislop property protects a …

FREE MARKET London Metal Exchange Spot closing prices in Pound Sterling per tonne, except zinc and nickel ($US per tonne) Date Dec 13 Dec 12 Dec 9 Dec 8 Dec 7 Copper …

A 50% interest in the Mosquito property in the Barkerville-Wells area of British Columbia will have been acquired by Lyon Lake Mines (ME) at the end of this year following the expenditure of $6 millio…

The Supreme Court of British Columbia awarded judgment in favor of Cusac Industries (TSE) in an amount totalling $2.6 million as a result of a contractual dispute with Total Erickson, now known as Tot…

The National Research Council is contributing $1.97 million to the development of two continuous tunnel boring machines which could be used in hardrock mines. The announcement was made by Minister of …

Unicorn Resources has changed its name to Pacific Unicorn Resources (PUC:VSE) on a 1-new-for-5-old share basis.

Toronto-based Northgate Exploration (TSE) has increased its stake in Audrey Resources (TSE) from 20% to 28% by acquiring a block of 850,000 common shares from NIM and Co. Ltd. and CMP Resources Partne…

Bachelor Lake Gold Mines (TSE) of Toronto reports a loss for the 9-month period ended Sept 30 of $634,786 or 8 per share compared to $6.57 million or 90 per share for the year earlier period. Mine c…

Bull Run Gold Mines (NASDAQ) is anticipating a significant cash flow deficit in 1989 due to operating problems and a cost over-run at the Big Springs gold mine operated by Freeport-McMoran Gold Co. Pr…

Encouraging results have been received by J.A.G. Mines (ME) from underground sampling of the Aubelle vein at the Belleterre property in northwestern Quebec. Average grade of the assays of 10 bulk samp…

A call for papers has been issued for the 1990 Society of Mining Engineers first Annual Meeting, Feb 26-March 1, in Salt Lake City, Utah. The deadline for receipt of preliminary abstracts is Feb 1, 19…