Articles by Northern Miner Staff

Pine Point Mines, which lost $9.8 million in the first half last year, has completely reversed its fortunes in the similar period this year, with reported net earnings of $10.8 million. The profit thi…

Mineral Resources International has completed the issue of $24,450,000 of 6.75% convertible subordinated debentures by way of private placement through Sprott Securities. The debentures have a 10-year…

A tailings project to recover gold by heap leaching is being pursued by Goldstake Explorations in South Dakota. Goldstake’s U.S. subsidiary has entered into a proposed joint venture with Strawberry Hi…

A privately-held Montreal firm, Beaver Creek Goldfields, has acquired from its major shareholder, the American company Beaver Creek Explorations U.S.A., the rights to an agreement with Mesa Silver Cor…

A $10-million underground program could begin later this year at Regional Resources’ Midway property on the B.C./ Yukon border. President Graham Farquharson emphasized at the annual meeting that under…

Production of metals, non- metallics and structural materials in Canada was worth $15.6 million in 1986, up slightly from the 1985 record value, the Mining Association of Canada reports. Last year was…

With four gold deposits already discovered, it’s not surprising that Echo Bay Mines has put its Kettle River project in Washington State on a fast track to production. Vancouver- listed Gold Texas Res…

Drilling has resumed on Aber Resources’ Bugow joint venture gold prospect at Russell Lake, N.W.T. New York-listed Freeport- McMoRan Gold is currently earning a 51% interest in the 10,000-acre proper…

Flush with cash and waiting for increased production from some of its key properties, American Barrick Resources is a company which has caught the eye of London, England-based Barclays de Zoete Wedd R…

Potash problems combined with lower uranium prices were responsible for a drop in Rio Algom’s net earnings for the first six months of 1987. Rio Algom reported unaudited consolidated net earnings of $…

Western Quebec Mines says that Oracle Exploration’s option to acquire a 45% interest in the Joubi property near Val d’Or, Que., has expired as a result of Oracle’s failure to provide the required fund…

Lytton Minerals says it has entered into two agreements, both of which are subject to the approval of all regulatory authorities. The first agreement is with Dolly Varden Minerals Inc., an associated …