Articles by Northern Miner Staff

Four salient trends have emerged in the gold market. First, attitudes towards gold by the European central banks have been more positive during the past year, judging by official statements and report…

Two directors of Starmin Mining (TSE) exercised options and sold shares in February. According to the Ontario Securities Commission’s OSC Bulletin, director Richard Brissenden exercised 50,000 options…

Improvements at the lead-zinc smelter in Trail, B.C., and at the Red Dog mine in northwest Alaska gave Cominco (TSE) a boost in the first quarter. The major posted $2.3 million in consolidated net ear…

Montreal-based Freewest Resources (TSE) has signed an option to acquire three claims, comprising 1,040 acres, north of Kirkland Lake, Ont. Over a 5-year period, Freewest will pay $150,000 cash and iss…

In the past five years, central bank activities in the gold market have increased significantly. There are currently more than 80 central banks active in the gold market. Indeed, central banks are an …

The U.S. gold reserve is one of Washington’s “open secrets.” The Treasury’s open attitude about the status of the reserve can be attributed to three factors: * The U.S. gold reserve is owned and manag…

Dallas-based Uranium Resources (TSE) and its wholly owned subsidiary, URI, have signed a long-term contract to supply 1.3 million lb. of uranium oxide to a major U.S. electric utility. The contract, w…

Calgary, Alta.-based Manson Creek Resources (TSE) will buy the Oroturba gold concession in Bolivar state, Venezuela. The 500-hectare property includes both alluvial and lode rights and has never been …

The search for gold and silver deposits in established North American mining camps has taken Minefinders (VSE) to Nevada, Arizona and North Carolina in the U.S. and Chihuahua state in Mexico. The juni…

International Gold Resources (CDN) has reported results from the final 11 reverse-circulation drill holes at the Bibiani gold deposit in Ghana. The best results are as follows: * Hole 40 intersected 1…

Shareholders of Breakwater Resources (TSE) have approved part of a restructuring plan put forth by management. The approved section calls for repayment of up to $10 million in outstanding debt owed to…

Noranda (TSE) has filed a preliminary, short-form, shelf prospectus with the Ontario Securities Comission. The prospectus will allow the major to file up to US$500 million worth of debt securities for…