Seniors, juniors make plans for Lac de Gras
Money continues to pour into the Lac de Gras diamond play in the Northwest Territories with both juniors and seniors launching exploration programs on the patchwork of properties that now covers more …
Articles by Northern Miner Staff
Court dismisses Habsburg motion
A motion to appoint an independent mine manager and freeze operating profits from the Dome Mountain project near Smithers, B.C. was recently dismissed by an Ontario court. The court has appointed a ch…
LETTERS TO THE EDITOR — Focus on environmental issues
I have subscribed to The Northern Miner for the past six years. In this time, I have seen the mineral industry deluged by increased public scrutiny with respect to mining and its effect on the environ…
METAL PRICES — FREE MARKET (August 03, 1992)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date July 28 July 27 July 24 July 23 July 22 Copper 1320-1321 1327-1328 1340-1341 1342-13…
Golden Rule, Hixon in agreements
Joint venture agreements between affiliates Golden Rule Resources (TSE) and Hixon Gold (VSE) have paved the way for further exploration on the Graveyard and Nation River projects in British Columbia. …
Geddes offering
Hoping to raise up to $2 million through a rights offering is Geddes Resources (TSE). Shareholders of record on Aug. 6 may purchase an additional common share at 55 cents per share for each eight shar…
Glencairn, Kinbauri revise agreement
Under a revised agreement between Glencairn Explorations (TSE) and Kinbauri Gold (ASE), Glencairn can earn a 100% interest in the Alfie Creek kimberlite property near Kirkland Lake, Ont., by spending …
OSC hearing
The Ontario Securities Commission has scheduled a hearing Aug. 25 in Toronto related to certain business activities of Patrick Sheridan. To be dealt with by the hearing are allegations that Sheridan c…
No safety concerns noted in bank’s Westray review
A review by the Bank of Nova Scotia of the then yet-to-be-built Westray coal project identified a number of financial risks associated with the mining project but apparently no safety concerns. A meth…
Echo Bay offering
Net proceeds from the sale of 5.75 million convertible preferred shares amounted to US$136.3 million, Echo Bay Mines (TSE) reports. The proceeds are earmarked for debt repayment and general corporate …
GUEST COLUMN — A `field of dreams’ parable
Timmins, Ont., was born of the discovery of riches. In 1909, a group of prospectors discovered the fabulous Dome “Golden Stairway” which gave rise to the Dome Mines family of producers. Soon after, pr…
Others’ Words (August 03, 1992)
The name of the community of Copper Cliff in northern Ontario is allegedly derived from the expression “cliffs of copper,” with which Rinaldo McConnell described the mineral-rich area to Samuel J. Rit…