Articles by Northern Miner Staff

Barnwell acquiring shares in MSV

A private company incorporated in the British Virgin Islands, Barnwell Investments Ltd., has an agreement with Northgate Exploration (TSE) to acquire more than 5.6 million shares of MSV Resources (ME)…



Employees plan buyout at Balmer

Former employees of Westar Mining’s (TSE) Balmer coal mine here in the Canadian Rockies are learning all about uncertainty. To save their jobs in this picturesque town of 5,000, their union, United Mi…



NEWS ROUNDUP — Sherritt makes public offering

Nickel refiner Sherritt Gordon (TSE) says it will make a public offering of shares and warrants worth $60 million. The offering consists of 7.5 million units priced at $8 per unit. Each unit is made u…


Securities dealers say OSC trying to shut them down

The nine member firms of the Securities Dealers Society of Ontario (SDS) have launched a lawsuit against the Ontario Securities Commission (OSC) and the OSC’s chief compliance officer, Donald Page, ov…



Lac enters Irish zinc play with US$70-million deal

Following a global search for new prospects by its business development arm, Lac Minerals (TSE) has agreed to acquire all of Chevron’s mineral interests in Ireland for US$70 million. The property port…



NEWS ROUNDUP — Canarc alters merger plans

Following their failure to receive court approval for a 3-way merger with Rembrandt Gold Mines (ASE), Canarc Resource (VSE) and Suntac Minerals (VSE) plan to proceed with a 2-way merger. As in the pre…



Notes on Guyana

— Guyana, situated on the northeastern shoulder of South America and that continent’s only English-speaking country, is in the throes of a general election. Voting day is Oct. 5. Elections in Guyana,…


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