Articles by Northern Miner Staff

STOCK MARKETS — TSE posts gains as miners look on

The Toronto Stock Exchange gained 498.70 points (or 1.6%) over the report period ended Feb. 4 to close at 6,145.41 — a new record.The banks, retailers and industrial manufacturers were the big gainer…


First Dynasty ups Dublin Gulch reserves

Vancouver-based First Dynasty Mines (FDM-T) reports that reserves at its Dublin Gulch project in the Yukon have exceeded 1 million oz. gold.Based on 1996 drill results, reserves for the Eagle sulphide…


Larder expands Ontario exploration portfolio

A letter of intent with Explorers Alliance sets the stage for International Larder Minerals (LRDR-C) to expand its exploration portfolio in Ontario.Larder plans to acquire all the share capital of Exp…


Third of workforce laid off at Detour Lake

Placer Dome (PDG-T) has laid off almost a third of the workforce at its Detour Lake gold mine in northeastern Ontario.The layoffs — part of a plan to reduce production costs — will affect 103 of 347…


Abacus tallies resource at Niblack project

Abacus Minerals (AMC-V) has calculated a drill-indicated resource for the Lookout zone of its Niblack volcanogenic massive sulphide project in southeastern Alaska.The resource stands at 1.8 million to…


ODDS’N’SODS — A lunch fit for a mouse

In the 1930s, the Paymaster Consolidated gold mine near Timmins, Ont., was known as the “ham, jam and an orange mine.”When the Paymaster restarted in 1933, for the second time, funds were in short sup…



Ursa Major expands interests in Kazakstan

Junior Ursa Major International (URSA-C) has added a fourth gold property to its portfolio of mineral assets in Kazakstan.The Hamilton, Ont.-based company can acquire a 60% interest in the Nirinsk lic…


Placer Dome drills to a Fault near Detour Lake

Two more holes drilled by Placer Dome (PDG-T) on the Fault Lake property, adjacent to the company’s Detour Lake gold mine in northern Ontario, have intersected gold mineralization.The property, held i…




Union Pacific lays claim to diamond mine

Diamond miner Redaurum (RRK-T) says it intends to “strenuously defend” title to its Kelsey Lake mine, 45 miles west of Fort Collins, Colo., near the Wyoming border.The company’s rights to the new diam…


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