Articles by Northern Miner Staff

Gold’s role as a reliable store of value can be important at times of political or economic uncertainty. This applies not only to Western investors but, more importantly, to the populations of countri…

Though not a good week for the base metal miners, our report week was far kinder to the gold and diamond stocks. For example, gold bullion posted a very solid move after drifting sideways for quite so…

ALUMINUM: MW U.S. market US51.50-52.50 cents per lb. (Sept. 30, 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, 1…

Vancouver-listed Bolivar Goldfields will use proceeds from a $7.5-million financing to expand exploration in Venezuela’s Bolivar state. Activity will be focused on the gold districts of El Callao, Chi…

The Lac de Gras region of the Northwest Territories received some international attention recently as BHP held its annual meeting in Melbourne, Australia. A news service reported BHP Chairman Brian Lo…

Gold Funds as of Oct. 5 BGR Central Net Value $13.31 $5.72 Price $11.75 $6.375 Discount 11.73% 11.5% Value $74,562,000 $115,383,038…

A brokered private placement of 1.5 million special warrants at $3.40 each will net Diamond Fields Resources (VSE) just under $5 million. The issue replaces a financing which the company was forced to…

One might have expected rather dramatic rumblings in the gold market this report week, when Russian President Boris Yeltsin’s tanks blasted holes in the Russian parliament buildings to end a week-old …

Drilling at the Damoti Lake project, 150 km north of Yellowknife, N.W.T., has returned a 10-metre intersection grading 16.26 grams gold per tonne in Hole D-5. Consolidated Ramrod Gold (TSE) is earning…

As the federal election heats up, Canadians whose livelihoods are tied to mining should ask their riding candidates what they intend to do — if anything — to keep the industry in Canada. That is the…

Toronto-based Metall Mining (TSE) has bought certain copper smelting and refining assets from controlling shareholder Metallgesellschaft of Germany in a deal worth $171 million. Metall acquired a 35% …

Drilling by Newfoundland Goldbar Resources (CDN) on its Glover Island property in west-central Newfoundland returned significant gold values over wide widths. Three holes were drilled on 300-ft. stepo…