Articles by Northern Miner Staff

Yellowknife, N.W.T., is abuzz with talk that at least two major mining companies, BHP Minerals Canada and Kennecott, are at the decision-making stage of what their respective next steps will be. Both …

The story of the week has been the Toronto Stock Exchange Composite Index and its bid to hit a new all-time high. On Aug. 23, it went through the 4,100 level and looked hellbent for leather to beat th…

BGR Central Net Value $13.97 $6.18 Price $12.50 $6.500 Discount 10.54% 5.2% Value $78,268,000 $117,645,450…

Week’s Price (US) Change Gold* $371.75 – $1.10 Silver* $ 4.75 + $0.06 Platinum* $386.90 – $1.10 Nickel** $ 2.09 + $0.01 Lead** $ 0.17 $0.00 Copper $ 0.90 + $0.03 Zinc $ 0.40 + $0.01 Courtesy of Scotia…

London Metal Exchange Spot closing prices in $US per tonne Date Aug. 24 Aug. 23 Aug. 20 Aug. 19 Aug. 18 Copper 1988-1989 1946-1947 1968-1969 1930-1932 1928-1930 Lead 387-388 384-386 390-391 387-388 38…

Editor’s Note: The Sarnoff controversy (see Aug. 2 issue) and our ensuing editorial have generated a healthy flow of letters to the editor; so many, in fact, that we’ve decided to run the overflow in …

— Week — Aug 24 Aug 23 Aug 20 Aug 19 Aug 18 High Low Composite”300″ 4112.24 4091.76 4077.18 4069.59 4069.31 4118.12 4046.43 Metals&Minerals 3130.64 3121.57 3120.60 3119.92 3120.23 3132.66 3104.54 In…

New Lintex Minerals (NLN:VSE) and Willow Creek Coal have amalgamated to form Globaltex Industries (GTZ:VSE) with a consolidation of capital on a 1-new-for-1-old-share basis. The transfer agent is Mont…

Drilling is to begin shortly on the Glover Island gold property in central Newfoundland. The 9,800-13,100-ft. program will primarily test the Lunch Pond South Extension zone where a hole drilled late …

A program aimed at expanding reserves and finding new deposits has begun on Mexico’s La Colorada project. Operator Eldorado (VSE) is earning a 70% interest in the 13-sq.-mile property from Campbell Re…

A final feasibility study will examine the McDonald gold deposit near Lincoln, Mont. Canyon Resources (NASDAQ) has a 27.75% interest in the joint venture, which is operated by senior partner and major…

A unit of Amax Gold (NYSE) will carry out a third phase of exploration on the Robertson gold project in Nevada’s Crescent Valley. Amax has one more year to explore the property and complete a bankable…