Articles by Northern Miner Staff

Toronto-based Rio Algom (TSE) is continuing to benefit financially from a favorable economy and the performance of 68.8%-owned copper producing subsidiary Lornex Mining Corp. (VSE). After reporting im…

For very different reasons International Baslen and Varna Gold were the issues which stood out in a week when volumes were otherwise relatively low. Varna was the volume leader with 856,300 shares cro…

Initial concerns raised by the Prospectors and Developers Association of Canada (PDAC) over amendments to Ontario’s Public Lands Act (Bill 137) have abated somewhat, the association’s managing directo…

A spectacular drill hole has been reported from the UTC zone at Newhawk Gold Mines (TSE) Sulphurets property north of Stewart, B.C. The zone was discovered earlier this year during a deep test in the …

Borealis — R. Cox sold 35,800 (Sept) to hold 111,936. Brenda — Noranda bought 72,000 to (Sept) hold 2,412,020. Campbell Res — R. Lister bought 2,435 (Sept) to hold 441,627. Cominco — Teck bought 1…

Ore reserves were increased on two gold projects, and a feasibility study started on a third, reports Cominco Resources International (TSE) in a review of operations for the nine months ended Septembe…

Week’s Price (US) Change Gold (per oz) $412.50 + $ 5.00 Silver (per oz) $ 6.35 + $ 0.10 Platinum (per oz) $573.00 + $34.00 Copper (per lb) $ 1.53 + $ 0.04 Lea…

Recent drilling on Golden Rule Resources’ (TSE) Weedy Lake property located in the La Ronge belt of northern Saskatchewan has returned more high grade gold intersections. Two holes were drilled to tes…

A reorganization and amalgamation of Manitoba and Saskatchewan Coal (1984) and Bienfait Coal has resulted in the formation of a new company, Estevan Coal Corp. Headquarters of the new company will be …

The program planned for the 1989 Society of Mining Engineers annual meeting and exhibit includes technical sessions, three special symposia, three short courses, several field trips and an expanded ex…

The first four drill holes completed on the Nugget Pond project, owned by Bitech Energy Resources (ASE), has returned strong gold values. Drilling on the new discovery in Newfoundland’s Betts Cove are…

The sale by Placer Dome (TSE) of its interest in Falconbridge and McIntyre Mines in August boosted the company’s cash position to $764.5 million as of Sept 30. And that huge treasury has promoted spec…