Articles by Northern Miner Staff

Several mines were either placed in production or reopened in 1993 by Canadian companies, both at home and abroad. Gold was the metal of choice and Ontario and Quebec experienced the most activity. Th…

The directors of Hecla Mining (NYSE) have approved a merger with Equinox Resources (TSE). Each company has satisfactorily completed its due diligence review, though the proposal is still subject to ex…

Junior Altai Resources (TSE) will complete a final feasibility study of the Tassawini gold project in Guyana. The property is a 50-50 joint venture with Menora Resources (ME). Altai is the operator. A…

Additional drilling this year on the Brimstone deposit at the Crofoot-Lewis heap-leach mine in Nevada has boosted the resource estimate by more than 60%. Owner Hycroft Resources & Development (VSE), a…

Infill drilling by Crown Butte Resources (TSE) has added 28,000 oz. gold to underground geological reserves at the New World project in Montana. The summer program, consisting of 16 surface holes tota…

Drill results from Los Pinos, a 145-km property southeast of Lima, Peru, have prompted Asarco (NYSE) to expand road construction and test for the potential of using solvent extraction-electrowinning. …

A private placement of 316,305 units at $25.50 each will net Sutton Resources (VSE) about $8.1 million. Each unit includes a share, plus a 2-year purchase warrant exercisable at $25.50 in the first ye…

Permits for development of the MacArthur copper deposit are finally in hand for owner Arimetco International (TSE). The project is about five miles north of the companys Yerington copper mine near the…

Union members at the Giant mine in Yellowknife, N.W.T., returned to their jobs in early December, ending a labor dispute dating back to May, 1992. Some 25 members of the Canadian Association of Smelte…

Hard-rock miners in the U.S. operating on public land, including some Canadian gold producers, are facing a government-imposed royalty, but the amount was not settled in 1993. A proposal by the Clinto…

During the past 30 years, niobium has steadily emerged as an important specialty metal. In particular, steel-consuming industries have greatly benefited from the materials savings which result from us…

The Vancouver Stock Exchange had such a good year in 1993 that it surpassed trading records set in the boom-and-bust year of 1987. Volume for the year was more than 5.7 billion shares, compared with t…