Articles by Northern Miner Staff

Under an option agreement, Madison Enterprises (VSE) can acquire a 50% interest in the Belencillo concession in Panama. To do so, it must pay Adrian Resources (VSE) $250,000 over four years, issue 200…

Toronto-listed Arimetco International plans to increase copper production next year to about 50 million lb. compared with roughly 26 million lb. this year. The higher output would mean a 10 cents drop…

Central Fund of Canada has sold 1,275,000 special warrants at $6.13 per special warrant. The issue raised $7.8 million. Each special warrant entitles the holder to receive a Class A share of Central F…

Drilling is to begin shortly on the Odemira polymetallic project in southern Portugal, reports owner Cercal Minerals (ASE). The 4,000-5,000-metre program will test eight gravity anomalies inferred to …

Toronto-listed Faraday Resources reports that its $1.20 cumulative, redeemable, retractable, convertible, first-preference shares, Series A, can be redeemed July 20. They are redeemable at $16.50 per …

A private placement of 200,000 shares at $3 per share has been announced by Jarvis Resources (VSE). Regulators have yet to approve the placement, proceeds from which will be used for general purposes….

Bruneau Mining Corp. (N.P.L.) Inc. (BRU:ME) has changed its name to Bruneau Minerals Inc. (BRM:ME) with a consolidation of capital on a 1-new-for-6-old-share basis. The transfer agent is Montreal Trus…

Until a couple of decades ago, terms such as “ecology,” “pollution,” “environmental protection” and “reforestation” were seldom heard in the Mexican mining industry. Today, they are not only heard eve…

Two Montreal-listed companies, Spirit Lake and Chesbar Resources, plan immediately to explore their newly acquired La Salle concession in the Anacoco area of Venezuela. The option (30% for each compan…

Calgary-based Gold City Resources (ASE) has optioned 450 claim units in southern British Columbia from a private Alberta company in return for the issuance of shares. Exploration on the 25,000-acre pr…

Shareholders have approved the sale of Goldpost Resources’ (TSE) gold properties in northern Ontario to St Andrew Goldfields (TSE). The three contiguous properties — Hislop East, Holcorp and Valliere…

The Chilean mining industry benefited from about US$1.5 billion in foreign investment in 1992, according to the Chile Copper Commission. Projects with major investments included Cominco’s Quebrada Bla…