Articles by Northern Miner Staff

Despite a leveling of bullion at the US$353 level, Western markets continued their rapid ascent, with the Vancouver Stock Exchange composite index up over 34 points at 918.56 and the resource index ju…

Gold production increased by 9% to 132,700 oz. in the first quarter compared with the same period last year, Hemlo Gold Mines (TSE) reports. The company, in which Noranda (TSE) has a 45.6% interest, a…

The alloys business unit of Inco (TSE) is being reorganized. The workforce of Inco Alloys International (IAI) is to be cut by about 340 people (about 12%) in 1993. In the U.S. and the U.K., IAI produc…

Having disposed of its interests in Minnova (TSE) and oil and gas producer Anderson Exploration, Kerr Addison Mines (TSE) intends to dispose of its remaining assets and continue talking with its major…

Having encountered significant gold mineralization in a deep drill hole earlier this year on its Snow Lake property in northern Manitoba, High River Gold Mines (TSE) is gearing up for an additional dr…

After three years of studies and tests, Cominco (TSE) has decided not to proceed with the QSL lead smelting process at its metallurgical operations in Trail, B.C. The QSL smelter was fired up in late …

As the 1993 field season gets under way at Izok Lake in the Northwest Territories, a priority will be increasing the zinc-copper deposit’s reserve base, said Klaus Zeitler, president of Metall Mining …

A sample of heavy mineral concentrate from the Natashquan, Que., property is being tested at five laboratories in the U.S., Australia and Canada, reports Tiomin Resources (ME). The tests, to be comple…

Lower gold prices reduced first-quarter earnings to $600,000 from $3.7 million last year, reports Lac Minerals (TSE). Although the gold-producer slashed cash production costs to US$200 per oz. from US…

Investors slashed more than $150 million from the market value of Lytton Minerals (TSE) after the company announced the recovery of 44 diamonds from a kimberlite pipe on one of its properties in the N…

Colorado-based USMX (NASDAQ) has exercised its option to participate in a joint venture with Excellon Resources (VSE) and Valdez Gold (ASE) on the Tombstone gold project in Arizona. Excellon and Valde…

The Yukon’s mineral exploration season is expected to improve considerably this summer after only $10 million was spent in 1992. “It’s definitely picking up,” said Al Doherty, president of the Yukon C…