Articles by Northern Miner Staff

Net earnings for 1986 were $27.3 million or $3.30 per share, Lornex Mining Corp. reports. That represents a 13% increase in profits over those realized in the previous year. Revenues, however, decline…

A letter of intent has been signed between United Reef Petroleums and a private company for the purchase, by United, of a 32,000-acre concession in the Labrador Trough. Located in northeastern Quebec,…

A unique showing of platinum mineralization, associated with uranium and gold, is the focus of an exploration program operated by Eldor Resources and funded by partner Mary Ellen Resources. Known as t…

The mood at this year’s convention of the Prospectors and Developers Association of Canada will likely swing somewhere between exhilaration and apprehension. Among the 3,000 or so delegates expected…

With a working capital of $4.3 million, Brohm Resources says it is in an excellent financial position to develop its Gilt Edge project in South Dakota. The company recently completed a private placeme…

With the resounding success of the Lupin gold mine which produced nearly 194,000 oz of gold last year at its site just 56 miles south of the Arctic Circle, many junior companies are following the exam…

Moneta Porcupine Mines has acquired a 15-claim property in Blondeau Twp., near Belleterre, Que. The claims include a deposit which was explored by Kelly Lake Nickel Mines years ago. More than 62,000 f…

A new gold zone discovery was recently announced by Snow Lake Mines on its Birch zone property located two miles from Snow Lake, Man. The new zone is approximately 4,000 ft north-northwest of the comp…

A net income of $l,896,478 (54 cents per share) was reported by Malartic Hygrade for 1986 compared with $1,892,747 (54 cents per share) for a year earlier. Cash flow from operations in 1986 was highe…

A 14-hole diamond drilling program will be carried out this year on the formerly-producing gold property of Consolidated Thompson-Lundmark Gold Mines at Thompson Lake, N.W.T. The work will be done by …

Not too long ago in this space, we noted the primitive methods of mining gold in a huge open pit in Brazil — where literally thousands of people swarmed in and out of the pit carrying sacks full of o…

Junior gold issues bounced back with strengthening gold prices. One of the best gainers continued to be Monte Carlo Resources which added another 85 cents to $2.80 — that’s up $1.80 in three weeks. …