Cameco banking on stable uranium market
Gold revenue and management fees underpinned a rise in earnings for Cameco (TSE), but future earnings are expected to be sensitive to the spot price for uranium oxide.Cameco reported net earnings of $…
Articles by Northern Miner Staff
Phelps Dodge earnings reach new high
Phelps Dodge (NYSE) has turned in its best-ever quarterly earnings statement.In fact, the third quarter was marked by overall strength in copper production, copper sales, operating income, net income …
INSIDER TRADING — Directors of Goldnev Res. traded shares in August
Three directors of Goldnev Resources (VSE) traded shares of the company in the open market in August.According to the Ontario Securities Commission’s OSC Bulletin, Leslie MacConnell, director, bought …
Index (November 06, 1995)
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Detector busy near Kirkland Lake
Detector Resources (ASE) has acquired the Abitibi Phoenix property, 30 km north of Kirkland Lake, Ont.Spanning 21 sq. km, the property was last drilled in 1985, with encouraging results. These include…
Magma pumps up its earnings
A boost in copper sales, combined with a sizable increase in the realized price of lead, enabled Magma Copper (NYSE) to more than double its third-quarter earnings from the same period last year.The c…
LABRADOR NEWS ROUNDUP — Anomaly targeted at Alliger Lake
Partners Eastfield Resources (VSE), Island Arc Resources (VSE), Athabaska Gold Resource (TSE) and Warner Resources will drill-test a geophysical anomaly on their Alliger Lake West property 65 km north…
LABRADOR NEWS ROUNDUP — Okak Bay being drill-tested
Drilling has begun on the Okak Bay property in the Voisey Bay area of Labrador.Castle Rock Exploration (VSE) and United Compass Resources (VSE) are each earning a 35% interest in the property from New…
Labrador News Roundup — Aranlee, NDT start drilling
Drilling is under way on project area 10-1, northwest of Nain, Labrador.Partners Aranlee Resources (VSE) and NDT Ventures (VSE) plan to drill four holes to test a series of extensive gossan zones in w…
DIAMOND NEWS ROUNDUP — Kennecott deal adds momentum to Alberta diamond hunt
Kennecott Canada is joining the search for diamonds in cattle country.By agreeing to spend $3 million on exploration over the next three years, the company can earn a 60% interest in a 230,000-acre la…
Dona Lake mine fined after accident
A workplace safety violation at the Dona Lake mine near Pickle Lake, Ont., has resulted in the operating company being fined $85,000.The worker was checking a problem on a conveyor belt on an electric…
More results from Wolverine
Results for stepout hole 95-16 on the newly discovered Wolverine zone at the Foot property in south-central Yukon are reported by Westmin Resources (TSE) and Atna Resources (VSE).Hole 95-16 was drille…