Articles by Northern Miner Staff

Mining comes to B.C. students

Students in British Columbia are being introduced to mining through a program produced by the province’s Mining Association (MABC) and a division of its teachers federation. The joint project resulted…


NEWS ROUNDUP — Noble Peak secures funding

Toronto-based Noble Peak Resources (ASE) has entered an agreement with four private investors to raise $750,000. The placement comprises about $600,000 in flow-through common shares at $1.05 per share…



Spot prices at a glance (May 31, 1993)

Week’s Price (US) Change Gold* $377.25 – $1.50 Silver* $ 4.56 – $0.18 Platinum* $390.10 – $1.90 Nickel** $ 2.57 + $0.03 Lead** $ 0.18 $0.00 Copper $ 0.83 + $0.02 Zinc $ 0.44 $0.00 Courtesy of Scotiaba…


Arimetco boosts MacArthur interest

Tucson, Ariz.-based Arimetco International (TSE) plans to acquire the remaining half of the MacArthur copper property in western Nevada. The property, jointly owned by Arimetco and Brookline Minerals …


Ex-Gold Fields managers run Akiko

Several former senior executives of Gold Fields Mining have taken over the helm of Akiko Gold Resources (VSE). President Stephen Flechner said Akiko intends to pursue projects that will enable it to b…


INSIDER TRADING — Downey sells Northgate stake

Patrick Downey, chief financial officer for Campbell Resources (TSE) and Northgate Exploration (TSE), sold his holdings in the sister companies in late April. According to the Ontario Securities Commi…


Big base metal find in Finnish Lapland

A huge base metals deposit has been confirmed in northern Finland. The 50-100-million ton deposit reportedly contains copper, nickel, platinum and gold mineralization. First discovered in the late 198…


Haile reserve tops 13 million tons

The Haile property near Kershaw, S.C., has proven and probable reserves of 13.2 million tons grading 0.091 oz. gold per ton, a consulting group estimates. Piedmont Mining (NASDAQ), 37.5% owners of the…


Cyprus hedges

A price protection program ensures that Cyprus Minerals (NYSE) will receive a minimum average sales price of about US94 cents per lb. on about 90% of its projected 1993 copper sales. The program also …


Flag to deepen Wanapitei holes

Having intersected a wide magnetite zone in two holes collared two miles apart on its Wanapitei holdings in Mackelcan Twp., Ont., Flag Resources (ASE) plans to use a larger drill to deepen the holes. …


Golden Star locks up golden deal

A deal to acquire two properties in French Guiana has been signed by Golden Star Resources (TSE). The first property, known as St. Elie, covers 39 sq. miles (100 sq. km) and was formerly the largest p…


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