Articles by Northern Miner Staff

Echo Bay Mines has declared an increased semi-annual dividend of 35 cents (US) per common share, payable on Dec 31 to shareholders of record on Dec 15. According to Echo Bay, the previous semi-annual …

Placer Dome Inc. has committed itself to bringing another gold mine into production, the company said recently. The Big Bell gold property in Western Australia will be developed by Placer Pacific Ltd….

An interest held by Lockwood Petroleum in the Cameron Lake mine project shared by Echo Bay Mines and Nuinsco Resources, has been sold. Lockwood, which held 17.3%, has sold its stake to Seadrift Intern…

Additional deep drilling by partners Noranda Exploration (51%) and Getty Resources (49%) has extended the strike length of the Tundra deposit by 450 ft. Located at Courageous Lake, N.W.T., the Tundra …

Net income of Imperial Metals rose in the six months ended Sept 30 to $611,000 on revenue of $1.6 million, compared to income of $58,000 on revenue of $1.2 million in 1986. Income for the second quart…

In a bid to broaden its interests beyond gold exploration, Moneta Porcupine Mines of Timmins, Ont., has acquired a major interest in over 200 mining claims in the Finlay Basin area of Granite Cty., Mo…

Remember that childhood game called crack the whip? That’s exactly what the market is doing to those interpid investors bold enough to go for the ride. Since Black Monday last Oct 19, volatile swings…

While Quintette Coal has accused them of attempting to squirm out of long term contracts, a major Japanese steel manufacturer says it has no alternative but to take a pricing dispute involving Quintet…

A $15.2-million exploration program at Associated Porcupine’s Paymaster gold property near Timmins, Ont., will be funded by American Reserve Mining under a joint venture agreement. Using flow-through …

Edmonton-based Echo Bay Mines, which four years ago produced just 118,000 oz of the yellow metal, plans to pour 550,000 oz next year and is shooting for 700,000 oz in 1989. This incredible growth rate…

The Canadian Mineral Industry Education Foundation is widening its horizons. For more than 20 largely-unheralded years, the industry-supported, non-profit foundation has been quietly but effectively w…

A generally quiet week is the best way to sum up the performance on coats. Several issues however, did show some life. Clavos Porcupine Mines, which holds a royalty interest on a promising gold play o…