Articles by Northern Miner Staff

Beauchamps, Aurizon in option agreement

An option agreement has been entered into by Aurizon Mines (TSE) and Beauchamps Explorations (VSE) whereby the former may acquire a 51% interest (subject to a 2.5% net smelter return royalty) in four …


Hemlo’s ’88 output nears 900,000 oz

Relatively low production costs continue to be the order of the day at the Hemlo gold camp in northern Ontario, where production from the three gold mines operating there is expected to total about 90…



Bulk test scheduled at Octan silver bet

Encouraging results have been encountered at Octan Resources’ (ASE) Bonanza silver claims in the Northwest Territories where the company is planning to take a 15,000-ton bulk sample to determine accur…


The value of metal investors and speculators

Although it may not be palatable to some people, the feeding frenzy behavior of groups such as the many investors in metals, constitutes a vital component of the market that provides price discovery f…



Montreal Exchange Juniors may merge

A proposed takeover bid (at $1.50 per share) of a junior by Quebec gold producer Cambior Inc provoked a response by the junior, but it wasn’t perhaps what Cambior was expecting. The junior, Nova-Coges…


FINANCING (December 12, 1988)

ONTARIO Augmitto Expls. — final rec iss offer min 750,000 & max 2,000,000 @ $4 per Cl A spec sh to net min $2,760,000 & max $7,360,000. Dynalta Egy — final rec iss offer min 3,000 & max 10,000 @ $1,…


Editorial Who’s in charge here?

Politics can make for some very peculiar reasoning. Take, for example, our recent general election, won by the Progressive Conservatives with what appears to be a resounding majority — 169 of 295 sea…



Barrick, Gold STandard court date set

Another high stakes court battle will get under way when American Barrick Resources (TSE) and Utah- based Gold Standard Inc. appear in a Tooele Cty., Utah, courtroom, Feb 5, 1990. As a former joint ve…


Duration re-acquires interest in Theresa

Duration Mines (TSE) has reached an agreement with Redpath Ltd., a mining contractor, which will return ownership of the Theresa mine project near Longlac, Ont., back to Duration. Last summer, Redpath…


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