Articles by Northern Miner Staff



Homestake seeking buyer for Golden Bear gold mine

In light of low gold prices, Homestake Mining (NYSE) has decided against financing expansion of the Golden Bear open pit in northwestern British Columbia. Expansion of the pit, operated by North Ameri…


QR permits close at hand

With environmental work largely complete, CMP Resources (ME) expects the British Columbia government will soon approve development of the QR gold deposit, 70 km southeast of Quesnel, B.C. CMP bought t…


METAL PRICES — FREE MARKET (April 05, 1993)

London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Mar. 30 Mar. 29 Mar. 26 Mar. 25 Mar. 24 Copper 1434-1435 1434-1436 1441-1443 1474-14…


Feasibility study for Madsen mine

Toronto junior Madsen Gold (TSE) is conducting a feasibility study on its property near Red Lake, Ont. Funds are provided by a provincial government Norfund grant and a flow-through share issue. Prove…


Falconbridge shortens summer shutdown period

Claiming that a planned 10-week shutdown at its Sudbury operations would have a negligible impact on soaring nickel inventories, Falconbridge has shortened the summer shutdown to two weeks. “Falconbri…


Isotopic lab receives grant

A $110,000 provincial grant will enable Toronto’s Royal Ontario Museum (ROM) to continue researching the dating of rocks and minerals. The ROM’s Jack Satterly Geochronology Lab, which specializes in i…


Dufresnoy plans Temis purchase

Societe d’Exploration Miniere Dufresnoy (ME) is set to acquire all shares of the sole Quebec producer of dolimitic pellets. Subject to regulatory approval and a satisfactory due diligence, Dufresnoy w…


Int’l Platinum acquires lithium property

Toronto-based junior International Platinum (TSE) has acquired a lithium property 144 km northeast of Thunder Bay, Ont. A 55-metre-long channel sample from the 27-claim property yielded an average gra…


Geomaque, Noranda in property deal

A letter of intent has been signed, allowing Noranda Exploration to earn half of a gold/base-metal property in Bourlamaque Twp. east of Val d’Or, Que., Geomaque Explorations (CDN) reports. Noranda mus…



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