Articles by Northern Miner Staff

Teddy Bear Valley Mines (CDN) is raising the necessary funds to cover its portion of construction costs at the Holloway gold joint venture in northeastern Ontario.The company will raise $2 million thr…

Exploration Acabit’s (ME) gold property in Quebec’s Private Twp. has been optioned to Hemlo Gold Mines (TSE).The latter can acquire the former’s 42 mining claims in the area, subject to a 2% net smelt…

Anne McLellan, Canada’s minister of natural resources, helped launch the Mobile Foundry Laboratory during a recent ceremony at Quality Steel Foundries in Edmonton, Alta.The mobile laboratory will revi…

Despite persistent fears of a new recession, the TSE 300 composite surged ahead over the 5-day report period ended June 20, helped in part by falling interest rates and a strong performance in preciou…

Emerging from under the yoke of Soviet rule, the countries of Central Asia are struggling to transform themselves into market-based economies.Uzbekistan has been especially aggressive in the area of m…

Wednesday, June 21Week’sPrice (US)ChangeGold*$390.70+$3.90Silver*$5.49+$0.12Platinum*$442.75+$6.15Nickel**$3.51+$0.05Lead**$0.27-$0.01Copper $1.41+$0.10Zinca$0.45$0.00Co…

A drill program at the Kabanga joint venture in Tanzania is expanding reserves.Sutton Resources (VSE) says work on the North zone has outlined 12.4 million tons grading 2% nickel, 0.27% copper and 0.1…

With its wholly owned Eskay Creek gold-silver mine in northwestern British Columbia up and running, Prime Resources Group (TSE) is looking to seize opportunities elsewhere in Canada.Towards this end, …

London Metal ExchangeSpot closing prices in $US per tonneDateJune 13 June 12June 9June 8June 7Copper2904-2905 2920-29222914-29162888-28892867-2870Lead617-618 615-615.5 611-612 601-602 …

The number of diamondiferous kimberlites known to exist on the James Bay Lowlands property of KWG Resources (ME) and Spider Resources (ASE) is now five.Two kimberlites, referred to as Kyle No. 2 and N…

The Castle Mountain open-pit, heap-leach mine in California’s San Bernardino Cty. continues to pump out profits for 75% owner Viceroy Resources (TSE).The company earned $11.6 million, or 50 cents per …

Fears that the Canadian economy may be headed back into a recession kept eastern markets in check this week as the TSE 300 composite managed only a slight gain. Over the 5-day report period ended June…