Articles by Northern Miner Staff

Higher interest rates in Canada (in comparison to the United States) have strengthened our dollar and reduced fears of inflation which, similar to the U.S., is public enemy number one. But our stronge…

After entering an agreement to buy a large iron property in Delestre, Que., Calgary-based Stockmen Minerals says it has set out to examine the prospect for possible gold reserves. Located 35 km north …

The future for Lacana Mining can only get better. The Toronto-based mining company, which in fiscal 1987 produced 39,000 oz gold (and about 781,000 oz silver) from its share of several North American …

A $2-million program is nearing completion at Rea Gold’s Discovery zone property 60 miles northeast of Kamloops, B.C. The company completed a 1,033- ft adit to access reserves in the L98 lens, calcula…

A 50% increase in ounces poured over the last 12-month period and a 20% hike in the price of the yellow metal reflects well on the bottom-line results of Echo Bay Mines, released this week. But result…

Geologists will soon be going underground again on the Lingman Lake gold deposit in northwestern Ontario. It has been about 40 years since someone has been underground there. But a Ned Goodman company…

It’s fair to say that Mascot Gold Mines’ Nickel Plate project near Hedley, B.C., has endured its share of teething problems. But for most new mines that’s all part of growing up — the school of “hard…

N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Feb 98.50 98.50 98.50 — 12.30 Mar 93.50 90.90 …

An active drilling program on Better Resources’ Mt. Washington project on Vancouver Island, B.C., has indicated a healthy reserve potential for the property. Drill-indicated reserves, based on a 0.03-…

Last year proved to be a good one for Lac Minerals of Toronto, with the company’s earnings almost tripling compared with 1986. A 9% increase in production, a higher gold price and higher interest inco…

A 15,000-ft diamond drilling program has begun on the 234-claim property held by Lake Ponask Gold Corp. Located in northwestern Ontario, the property is being explored for precious and base metals. Dr…

Significant gold mineralization in two of three drill holes completed in December at the Obalski mine property at Chibougamau, Que., has been reported by Syngold Exploration of Toronto. Hole 87-2, dri…