Articles by Northern Miner Staff

NEWS ROUNDUP — Cross Lake hits zinc near Timmins

A hole drilled while testing for electromagnetic anomalies on the Fox Stimson property, 70 km northeast of Timmins, Ont., has intersected three mineralized zones, reports Cross Lake Minerals (VSE). No…


NEWS ROUNDUP — Goldstream reserve boosted

A recalculation of minable reserves at the Goldstream mine near Revelstoke, B.C., has resulted in a 26% increase over estimates made last November. Bethlehem Resources (TSE) and Goldnev Resources (VSE…


NEWS ROUNDUP — Bre-X options Indonesian bet

Calgary-based Bre-X Minerals (ASE) has signed an agreement in principal to earn an 80% interest in an Indonesian gold project. The 57,571-hectare property contains three gold prospects, one of which r…


Federal government to sell Cameco shares

The federal government intends to sell half its 19.2% interest in Saskatchewan uranium producer Cameco (TSE) for $102.5 million. Five million shares will be sold to the public at $20.50 per share by a…


Cyprus drops zinc play in Utah

Colorado-based Cyprus Minerals (NYSE) has terminated its option on Noble Peak Resources’ (ASE) Crypto zinc property in Utah. Cyprus optioned the property in 1990 and carried out an exploration program…


Metals sub-index continues decline in March

The metal and mineral sub-index of the Bank of Nova Scotia’s commodity price index appears to be on a downward trend despite the recent surge in gold. The sub-index fell to a cyclical low in March and…


Curragh counting on Asian investors

Cash-strapped Curragh (TSE) says its future depends on a $50-million investment from foreign companies. In a report submitted to an Ontario court earlier this month, Curragh said it is negotiating wit…


Assays finally in on Miramar’s Bruner play

In Nevada, drilling on the Bruner property, owned by Miramar Mining (VSE), has returned encouraging intersections on the Duluth zone and on a previously identified zone southeast of the old Penelas mi…



New Canamin receives award for reclamation

Following a successful exploration season at the Huckleberry property last year, Vancouver, B.C.-based New Canamin Resources has received a provincial award for successful reclamation of an exploratio…


Mining Week in Nova Scotia and New Brunswick

The first Nova Scotia Mining Week is being staged this week under the theme “If it can’t be grown, it has to be mined.” Sponsors are the Chamber of Mineral Resources of Nova Scotia, the Mining Society…



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