Articles by Northern Miner Staff

With $28 million(US) in its treasury and access to a $35-million bullion facility, Goldenbell Re sources says it is adequately financed to bring the Pine Tree gold project in Mariposa Cty., Calif., in…

The long dormant Highmont mill of Teck Corp. will be incorporated into the Highland Valley Copper partnership which until now only included Cominco Ltd. and Lornex Mining. Cominco and Lornex put their…

Call it luck, good timing or good management — all three helped Cominco enjoy a very successful first year under Teck control. The luck Teck seems blessed with, good management it is renowned for, an…

Breakwater Resources has completed the private placement of 276,000 flow-through shares at $6.325 per share for total proceeds of $1,745,700. The money will be used to fund exploration work on mineral…

Lower gold prices are having a very negative impact on the Vancouver market which has still not recovered from the Oct 19 crash. Analysts conclude that forward sales have probably capped gold prices f…

The Ontario Securities Commission is expected to issue a new policy on financing junior resource companies during the first week of February. The new policy is expected to be implemented April 1. The …

** year ** With $3 million needed for expanded exploration programs on three placer gold projects, Calgary- based Gold City Resources is attempting to raise $1,750,000 during the current year. L…

A wholly-owned subsidiary of federal Crown corporation Eldorado Nuclear has received environmental approval to go ahead with a 3-pronged mine development plan in northern Saskatchewan. Estimated to co…

Although 1988 is still young, anyone expecting the price of gold to carry on from the high levels of last year may be forgiven for having second thoughts. The precious metal, which closed 1987 at $486…

Golden Pond Resources is the victor in an arbitration ruling which ruled in the company’s favor following a dispute with A-Pri-Or Mining. The latter company claims that Golden Pond had lost its rights…

The boards of directors of Toronto-based Rayrock Yellowknife Resources and Discovery West Corp. have agreed to a major rationalization of the mining and oil and gas assets of both companies. Under the…

Joint venture partners Tamavack Resources and International Maple Leaf continue to report encouraging drill results at their Fountain lake property in Moss Lake Twp., northwestern Ontario. A total of …