Tri Origin active in northern Ontario
Junior Tri Origin Exploration (TOE-T) has launched two exploration programs in northern Ontario.At the Confederation property, near Red Lake, the company is carrying out airborne geophysical surveys i…
Articles by Northern Miner Staff
Romarco picks up ground in Nevada
Romarco Minerals (ROM-T) has become the largest landholder in Nevada’s Goldfield district, near the California border, after closing a deal with privately held Nevada Gold & Casino.Romarco now control…
Newmont adds mines to portfolio
Though far from being the largest mine in Newmont Gold’s (NGC-N) sizable portfolio, the La Herradura mine in northern Mexico has poured its first gold and is expected to produce an average of 150,000 …
Armada and Leader in merger talks
Leader Mining International (LMN-A) has entered into talks with Armada Gold (AAU-T) for a possible merger of the two companies. However, an agreement is by no means imminent.Following an announcement …
River Gold boosts profit from Canadian mines
Higher production and lower operating costs translated into a strong second quarter for River Gold Mines (RIV-T).The Canadian gold miner earned $5.5 million (or 18 cents per share) in the three months…
Placer, Barrick to evaluate Sukhoi Log
Two major Canadian mining companies have been awarded licences to study the Sukhoi Log gold deposit in northeastern Russia.Placer Dome and Barrick Gold have until Christmas to study the deposit in ant…
OBITUARIES — Reinhart Ehrlich
Reinhart (“Reini”) Ehrlich, vice-president and chief metallurgical engineer for Watts Griffis & McOuat (WGM), has died. He was 75.Born in Frankfurt, Germany, on Sept. 14, 1922, Ehrlich immigrated to C…
Celtic, Jilbey lure Rio to Hungry Hill
Partners Celtic Minerals (CME-A) and Jilbey Exploration (JLB-M) have lured Rio Algom (ROM-T) to their equally owned Hungry Hill polymetallic property in central Newfoundland.Rio can earn a 51% interes…
Crown, U.S. close New World agreement — Company opts for cash rather than federal property
The saga of the New World gold-silver-copper project in Park Cty., Mont., is drawing to a close, as former owner Crown Butte Resources and the U.S. government conclude a 2-year-old exchange deal.Crown…
MINING MARKETS & INVESTMENT NEWS — QUERY — El-Bonanza back in the saddle again
A friend of mine bought shares in El-Bonanza Mining back in 1978. He recently came across the long-forgotten share certificate, and as he was not really into the stock market, but knew that I own and …
MINING MARKETS & INVESTMENT NEWS — EASTERN MARKETS — Mining stocks slump as eastern markets get thumped –Campbell Resources heavily traded as junior seeks gold acquisitions
The big story of the Aug. 5-11 report period was the global market slump beginning Aug. 10. Fueling the bearish sentiments were continued worries about the economic climate in Asia, particularly Japan…
Aurizon boosts gold production
Despite weak gold prices, Aurizon Mines (ARZ-T) reported both record production and improved operating results for the quarter ended June 30.The Vancouver-based company boosted production to a record …