Articles by Northern Miner Staff

When a mining company turns into a holding company what’s to be done but pay dividends and wait for the cash flow to keep coming? That’s exactly what Lornex Mining (TSE), the 45% partner in Highland V…

A first-quarter 1988 profit of “only” $35.2 million, or 45 cents a share, could have been as much as $8 million more had it not been for the company’s troubles in the Dominican Republic, William James…

With a November deadline to consider, Jerome Gold Mines (ASE) and Muscocho Explorations (TSE) are currently working against the clock to prove up enough reserves to place the old Jerome mine near Sway…

When hydraulic drills were introduced in the early 1970s, productivity shot up to an estimated 107 tonnes per man-hour. That compares with 13 tonnes per man-hour produced using the hand- held pneumati…

A band of high quality dolomite with a maximum of 1% silica impurities and a minimum whiteness of 88.5% (meeting the company’s standards) has been uncovered by Aster Exploration (ME) at its Portage-du…

Two drill holes have extended the strike potential in the Main zone at the Grew Creek gold discovery near Faro, Yukon. Noranda Exploration is operator for a joint venture which includes Golden Nevada …

Mining claim staking in northern New Brunswick has been active recently, says the New Brunswick Prospectors and Developers Association (NBPDA). Approximately 1,100 claims have been recorded along a fa…

Record uranium production combined with lower debt charges and interest rates are the main reasons behind the record earnings of $60.3 million realized by Saskatchewan Mining Development Corp. For the…

Net income of $2.25 million (6 cents per share) was reported by Belmoral Mines (TSE) for the first quarter of 1988, compared with $1 million (4 cents per share) for the same period last year. Revenues…

Nu Pacific Resources has amalgamated into Iron Lady Resources Inc. (IRD:VSE). Shareholders of Nu Pacific receive 1-new-for-3-old shares; shareholders of Iron Lady receive share-for-share.

A second assay has confirmed earlier published results from the Launay-Privat gold property situated about 30 miles northeast of Rouyn-Noranda, Que., Messeguay Mines (ME) reports. Hole ML-87-75 return…

An expected resumption of operations at the Sherwood mine gold property in the Strathcona area of Vancouver Island has given a spring boost to the Casamiro Resources issue. Trading on 333,100 shares i…