Articles by Northern Miner Staff

Canada Tungsten Mining Corp. has optioned two properties from X-Cal Resources in B.C. On the Tyax property, Canada Tungsten can earn 50% of X-Cal’s interest by spending $1 million over a 3-year period…

Several rich intersections have been pulled by Canamax Resources from the Break zone on the Ketza River gold property in B.C. Pacific Trans-Ocean Resources shares the property equally with Canamax. Ho…

Vancouver-based Galactic Resources and Cornucopia Resources have opted to go ahead with a major deep drilling program at their 100,000-acre Ivanhoe property in Nevada’s Carlin gold trend. The joint ve…

Mono Gold Mines reports it has an agreement with Micham Exploration under which Micham can earn a 51% interest in Mono’s Bannockburn gold property near Madoc, Ont. Under the terms of the agreement, Mi…

George Albino is no longer the chairman and chief executive officer of Toronto-based Rio Algom Ltd. After 23 years with the company, Canada’s second highest paid chief executive was replaced as chairm…

As investors tried to reduce their exposure to an uncertain market place, it was a rare issue which traded more than 150,000 shares. Consolidated CBA Ltd. and Consolidated Golden Standard were among t…

Lornex Mining Corp. realized net earnings of $26.8 million or $3.25 per share for the 9-month period ended Sept 30. During the same period last year, the company earned $20.1 million or $2.43 per shar…

The slide on the Toronto Stock Exchange continued, whipsawing investors with violent swings as it declined. The shortlived rally of Oct 21 was obliterated by three days of losses which wiped out anoth…

An agreement has been reached between Maufort Resources and Ressources Minerales DeMontigny whereby the latter may increase its interest to 50% in the Siscoe- extension property in northwestern Quebec…

The world’s largest and richest uranium deposit took another step closer to production. Cigar Lake Mining Corp., which owns the Cigar Lake project in northern Saskatchewan, says that environmental app…

Toronto-based Dickenson Mines has acquired 9.8% of the outstanding shares of Wharf Resources of Calgary. On Oct 16, Dickenson purchased 942,000 shares and then on Oct 26 increased its holdings to a co…

Gold production of 200,000 oz in 1988 is projected by Cambior Inc., which recently gained control of Sullivan Mines. Quebec-based Cambior, which was formed about 15 months ago, increased its ownership…