Bentley ups reserves at Bagdad Chase mine
A recently completed drilling program has increased open pit reserves at Bentley Resources’ (VSE) Bagdad Chase mine located in the Mojave Desert of southern California. Reserves have increased to 1,10…
Articles by Northern Miner Staff
Editorial Sales tax on power is a no-no
As though an electrical power rate increase announced late last year of about 5.2 per cent to direct power users weren’t enough, it is now being proposed that a sales tax be added to the cost of power…
Rouyn bulk sampling at Francoeur gold project
A 33,500-ton bulk sampling program at the Francoeur property is expected to be completed by May, Rouyn Mining Resources (TSE) says. Following the completion of the mining program, the company plans to…
Galactic announces European offering
Galactic Holdings, a wholly- owned subsidiary of Vancouver- based Galactic Resources (TSE), recently announced a European public offering to help reduce a $14- million(US) debt load incurred during a …
Queries Silver Eureka hopes rind on construction
It has been about five years now since I heard anything from Silver Eureka Mining which holds a 25% interest in Eureka, Nevada-based Ruby Hill Mining Co. A number of years ago, Silver Eureka receive…
Westar gets price increase from Japanese coal buyers
A $2.90(US) price increase has been won by Westar Mining (TSE) from its Japanese customers for the coal year commencing April 1. This brings the price for metallurgical coal to $46.90 per tonne. Westa…
Cliff improves recovery rate at Olinghouse placer project
Thanks to a more efficient mining method and some new technology, Cliff Resources (TSE) is planning to extract about 20,000 oz gold this year from its Green Hill placer gold mine at Olinghouse, Nev. O…
Flint Rock flow-through to finance Teck program
Downsview, Ont.-based Flint Rock Mines (VSE) says it is seeking approval for a $105,000 flow- through share issue for exploration at a property in the Larder Lake, Ont., region. Flint Rock says the is…
Agassiz buys shares
Agassiz Resources (TSE) has acquired an additional 50,000 shares of Twin Gold Mines (ASE). The acquisition gives Agassiz 1.35 million Twin Gold shares or a 56.75% interest in the company. Twin Gold co…
Letter to Editor Kiena offer too low
Regarding the amalgamation of Kiena Gold Mines with Placer Dome Inc., it has to be the largest steal of the century. Mr Hick, Placer’s secretary, states the share exchange represents a 15% premium to …
Dickenson Mines plots new strategy for growth
A change in image is in the works for Dickenson Mines (TSE). The Toronto-based company, incorporated in 1945, is known basically for its operation of the Arthur W. White gold mine near Red Lake in nor…
Rockford group, Gold Vessel Res in agreement
A letter of intent has been signed between companies in the Rockford Group and Gold Vessel Resources (ASE). Members of the Rockford Group include Rockford Minerals (TSE), Northfield Minerals (ASE) and…