Articles by Northern Miner Staff

Operating problems spell losses for Amax Gold

Continuing operating problems have pushed Amax Gold (NYSE) further into the red. With third-quarter losses of US$7.4 million, the total loss for the first nine months of the year stands at US$75.9 mil…


EDITORIAL PAGE — A balancing act

Nova Scotia’s mining industry has suffered a series of debilitating blows in the past few years. In terms of human tragedy, the absolute bottom came with the explosion at the Westray coal mine which k…




PRODUCER PRICES (December 13, 1993)

ALUMINUM: MW U.S. market US51.0-51.5 cents per lb. (Nov. 25, 1993). ANTIMONY: MW New York dealer US76-80 cents per lb. (June 10, 1993). BISMUTH: MW New York dealer US$2.35-2.65 per lb. (Sept. 23, 1993…


Inter-Rock drills Daisy gold project

To increase reserves, Inter-Rock Gold (ME) is drilling on the Daisy gold project in southern Nevada. The 20-hole reverse circulation program will total 11,000 ft. The cost will be US$300,000. The comp…


Chase option deal on T’Boli property

Under an option agreement, Chase Resource (TSE) can acquire an interest in the T’Boli gold exploration project on the Philippine island of Mindanao. Chase can acquire up to a 75% interest in Lemura Mi…


Macassa rescue effort continues

A rescue effort to find two miners trapped underground at the Macassa gold mine of Lac Minerals (TSE) west of Kirkland Lake, Ont., continued at presstime. The pair, identified as Robert Sheldon, 34, a…



Nova Scotia government offers hope to ailing industry

The recently elected Liberal government of Nova Scotia intends to create “a balance point” between environmental and mining interests over the next year, said Donald Downe. Downe, natural resources mi…


Placer to sell Eskay interest

In concert with the planned combination of Stikine Resources and Prime Resources Group (TSE), Placer Dome (TSE) plans to sell its interest in British Columbia’s Eskay Creek project. Placer, which hold…


NEWS ROUNDUP — Gold at Slaven Canyon

Several gold intersections are reported from the Slaven Canyon property on Nevada’s Battle Mountain trend. Thirteen shallow holes were drilled to test a strong geochemical anomaly, and 11 of these int…


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