Articles by Northern Miner Staff

A positive new investment climate is evident in the Northwest Territories now that the Inuit land claim has been settled. The negative attitude expressed by retired publisher emeritus M.R. Brown (“Car…

Since opening its Stock Twp. gold mine near here in July, 1989, St Andrew Goldfields (TSE) has been fighting an uphill battle against low gold prices and a severe shortage of cash. With the recent min…

Rayrock Yellowknife Resources (TSE) has extended, until Feb. 8, the deadline for acceptance of an offer to holders of Rayrock’s $24.5 million 7.5% convertible subordinated debentures. Terms of the off…

PGE Resources (ASE) has optioned its Devil’s Pike gold property in the Annidale area of New Brunswick to Brunswick Mining and Smelting (TSE). Under the agreement, Brunswick has 45 days to examine the …

A drilling program is under way at the SAGAR-III gold-uranium property in the Labrador trough area of Quebec, Virginia Gold Mines (ME) reports. Aim of the program is to confirm the presence of one or …

After reflecting a $16.6-million extraordinary charge for the loss stemming from the fatal accident at the Westray coal mine last May in Nova Scotia, Curragh (TSE) reported a net loss for 1992 of $54….

A mining delegation to the Commonwealth of Independent States (CIS) late in 1992 found that investment opportunities are more favorable than in the previous year, although the political risks are stil…

A letter of intent to explore for massive sulphides near the town of Cobalt, Ont., has been signed by project partners Starmin Mining (TSE) and Hellens Eplett Mining with Falconbridge. Falconbridge ma…

To finance the acquisition of the remaining interest in the Goldex gold deposit in Quebec, Goldex Mines (TSE) has issued 1.78 million flow-through shares at $1.15 to parent Agnico-Eagle Mines (TSE). T…

In connection with an issuer bid by its subsidiary DCC Equities to its minority shareholders, Dundee Bancorp (TSE) plans to reduce its direct and indirect investments in Black Hawk Mining (TSE), Break…

Placer Dome the gold producer has resolved to become Placer Dome the gold-copper producer. The shift recognizes there is money to be made in future years from copper, a building block for world develo…

A grant of $3,500 goes to the Canadian Institute of Mining, Metallurgy and Petroleum’s Mineral Economics Society, says Ontario’s Northern Development and Mines Minister Shelley Martel. “The society su…