Writeoffs push Crown Res. into red
Property writeoffs have pushed Crown Resources (TSE) well into the red with a net loss of US$8.6 million for the year ended Dec. 31, 1992. The company withdrew from the Kettle River gold mine joint ve…
Articles by Northern Miner Staff
Republic acquires Ellison interest
Toronto-based Republic Goldfields (VSE) has acquired a privately held Montreal-based company whose principal asset is its interest in the Ellison gold property in Bousquet Twp., Que. The property is l…
Highland Valley sets records
Four significant milestones were achieved by Highland Valley Copper during 1992. The operation, located near Logan Lake, B.C., mined a record 96.3 million tonnes during 1992 while copper recoveries we…
Marston designs Kazakhstan mine
A feasibility study for a coal mine in Kazakhstan is nearly finished, engineering firm Marston & Marston of St. Louis, Mo., reports. The Kenderlyk project includes an open pit to mine steam coal from …
Name change for Napoleon
The board of directors of Napoleon Exploration (TSE) is seeking a change in the company’s name to Argentina Gold Corp. to reflect corporate activities in South America. Shareholders will vote May 19 o…
NEWS ROUNDUP — Companies set exchange ratios
Directors of CMP Resources (ME), Plexus Resources (TSE) and 1021105 Ontario Corp. have approved an amalgamation of the companies. The following share exchange ratios have been set: 2.1 shares of the a…
INSIDER TRADING — Tyler insider takes profits
Canada’s diamond exploration play has helped line the pockets of not only speculators, but also those who hold options on the associated penny stocks. Frederick Wynne, a director of Tyler Resources (T…
Sutton negotiates property deal
Although details are veiled in secrecy, Sutton Resources (VSE) reports that it has signed a memorandum of understanding on a gold property outside North America. The property is subject to a legal cla…
Dayton pursues merger proposals
Following the collapse of a funding deal with a Malaysian group for the Andacollo project earlier this year, Dayton Mining (TSE) has retained RBC Dominion Securities to assist in the evaluation of mer…
Roadbed machine under development
A machine for creating a smooth roadbed by grading the floor of a mine drift or ramp is being developed by Inco Ltd. and the Ontario mines ministry. A scarified roadbed is intended to offer low resist…
EDITORIAL PAGE — Short-sighted and mean-spirited
Last year, the British Columbia government was advised, by its own job protection commissioner, to participate in a plan designed to secure a long life for Cominco’s Trail smelter. The restructuring c…
LETTERS TO THE EDITOR: Minas Mineral group makes plans
About a year ago in The Northern Miner, the Minas Mineral group reported that large, sedex deposits of bedded iron carbonates and barite might be the proximal indicators for Irish-type, carbonate-host…