Articles by Northern Miner Staff

Thus far into 1994, American Barrick’s (TSE) earnings statement shows every sign of outshining that of last year. For the first quarter, revenues were US$187.3 million compared with US$144.1 million i…

Junior Habsburg Resources (TSE) reports that its previously announced private placement with Canaccord Capital has not been completed. Instead, Habsburg will sell, on a private placement basis, up to …

Alberta-listed New Island Minerals (NIM) intends to acquire mining assets from CDN-listed Newfoundland Goldbar Resources (NGR). Included are 51% of the shares of Tiara Marble. NIM will retain ownershi…

For gold and base metal producer Lac Minerals (TSE), 1993 was a year with mixed results. Attempts to reduce cost and increase productivity were offset by after-tax provisions associated with mine clos…

Toronto-based T & H Resources (TSE) intends to acquire at least a 49% interest in the Shuangyang cement plant in northeastern China. It will buy the interest from Imperial Investment, subject to a due…

Drills are turning again on the Casino property in the southwestern Yukon. Pacific Sentinel Gold (VSE) reports that four rigs are at work and an additional two rigs will be operational shortly. Drilli…

The Toronto Stock Exchange’s independent verification of samples taken from International Platinum’s ground in Arizona was not yet available at presstime. A TSE official said its report will be coming…

Vancouver-based Maymac Petroleum (VSE) has paid $US500,000 for the Crescent Valley placer gold mine within Nevada’s Battle Mountain Trend. The property consists of 8,500 acres and a mill capable of pr…

A staking rush is heating up near Yellowknife, N.W.T., fueled by reports that a local prospecting syndicate intersected kimberlitic material while drilling a blind geophysical target about 25 km south…

Ruby Mountain Mines (RUB:VSE) has changed its name to Syrus Capital on a 1-new-for-3-old-share basis.

Aiming to extend the life of its Winston Lake mine in northwestern Ontario, Metall Mining (TSE) has begun underground exploration of the nearby Pick Lake deposit. A 2.5-km.-long drift, costing $2 mill…

Members of both the New York Mercantile Exchange (Nymex) and the Commodity Exchange (Comex) of New York voted recently in favor of merging the two futures exchanges. Nymex, the world’s major trader of…