Articles by Northern Miner Staff

NEWS ROUNDUP — Abacus undertakes detailed sampling

On a 296-claim package in the Brookfield area of southwest Nova Scotia, Abacus Minerals (VSE) has begun detailed sampling for gold. Abacus can earn a 100% interest in the property from a private compa…


Precious metals look for support

After the strong summer bull market, most precious metals have been losing ground as a result of profit-taking by speculators. The question is, after testing the downtrend line, will these metals even…


NEWS ROUNDUP — Soquem drills Douay prospect

The auriferous zone at the Douay property of Northern Abitibi Mining (ASE) in northwestern Quebec has been traced for more than 2,600 ft. along strike. Drilling by Soquem, the Quebec Crown exploration…


NEWS ROUNDUP — Cambior, Audrey in loan agreement

The parent company of Audrey Resources (TSE) has agreed in principle to provide Audrey with a loan facility worth up to $17 million. The loan from Cambior (TSE) will allow Audrey, which is developing …


NDP leader urges consensus on environmental issues

In preparation for the Oct. 25 federal election, The Northern Miner asked representatives of four of the main political parties to respond to a series of questions pertaining to mining. All representa…



New drill results from Bell Allard South

Further surface drilling by Noranda Exploration, a unit of Noranda (TSE), on its Bell Allard South property near Matagami, Que., has encountered additional base metal mineralization. To date, a massiv…


Spot prices at a glance (September 20, 1993)

Week’s Price (US) Change Gold* $345.25 – $7.00 Silver* $ 4.04 – $0.22 Platinum* $353.00 – $3.50 Nickel** $ 2.00 – $0.03 Lead** $ 0.17 – $0.01 Copper $ 0.87 – $0.03 Zinc $ 0.40 $0.00 Courtesy of Scotia…


Amcorp options bet

With a letter of intent to earn a half interest in the Montana Mountain property near Carcross, Y.T., Amcorp Industries (VSE) expects to begin a minimum 5-hole drilling program shortly. Amcorp can ear…


Exall banking on small-scale mine for cash

Small-scale production on an alluvial gold deposit on the Yaqui River in Sonora, Mexico, is under way, Exall Resources (TSE) reports. The company has stockpiled 45,000 cu. metres of mineralized gravel…



Cameco signs deal with Kazakhstan

Toronto-listed Cameco has signed a deal to help develop uranium deposits in Kazakhstan, a former republic of the U.S.S.R. The 10-year agreement calls for Cameco and Uranerz Exploration & Mining to sha…


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