Articles by Northern Miner Staff

Western markets took it on the chin over the week ended May 10, despite a rebound in gold to US$380 per oz. The Vancouver Stock Exchange resource index lost more than 30 points to close at 1,044.91, w…

After rising for several months, The Bank of Nova Scotia’s commodity price index declined by 1.1% in March. A substantial drop in agricultural prices and a smaller decline in forestry products and oil…

Proceeds from a rights offering amount to about $1.1 million for Armistice Resources (ME), after commissions and expenses. More than 7.2 million shares were bought at 18 cents per share in the over-su…

Results from ongoing drilling at the Andacollo project in central Chile have Dayton Mining (TSE) predicting an increase in reserves. The proven and probable minable figure is now estimated at 30.7 mil…

Junior Canmine Resources (CDN) has outlined a new target area on its Fer project in northern Manitoba. The target, known as the Island zone, is interpreted as lying vertically at a depth of more than …

An option agreement allowing International Holmstead Resources (VSE) to acquire the DKO property in northeastern Ontario has received regulatory approval. The 800-claim property is in Gauthier Twp., n…

Several juniors are continuing to add to their land positions near Fort MacKay in northeastern Alberta. Interest in the region began growing last spring after Focal Resources (ASE) announced that it h…

Junior Sudbury Contact (TSE) has completed a flow-through private placement worth $1 million. The company will issue 166,666 shares to associated company Agnico-Eagle Mines (TSE). Sudbury Contact will…

Now that shareholders have approved the proposed merger of Bachelor Lake Gold Mines (ME) and Espalau Mining (ME), the former will become a wholly owned subsidiary of Espalau and will be known as Espal…

Four new technical notes have been released by mineral processing laboratory Lakefield Research: Tailings testing (Vol. 5, No. 4), Advances in zinc flotation (Vol. 5, No. 5), Solvent extraction testin…

A Guide to Historic Cobalt, by Peter Fancy. Published by the Temiskaming Abitibi Heritage Association. For mail orders, contact the Highway Book Shop, Highway 11S, Cobalt, Ont. P0J 1C0. 40 pages. $3.7…

Negotiations allowing Hillsborough Resources (TSE) to arrange financing for a planned $14.1 million expansion at the company’s Quinsam coal mine on Vancouver Island, B.C. are well under way. The expan…