Articles by Northern Miner Staff

MINER DETAILS — Watching the `new’ Rio unfold

When Rio Algom’s directors meet later this month, the entire spectrum of corporate philosophy will be up for discussion. It will be the first board meeting in 36 years without representation from “Mot…


Deals establish Kennecott at Lac de Gras

The Canadian arm of Utah-based Kennecott is emerging as one of the biggest players in the Lac de Gras area of the Northwest Territories as the major agrees to shell out millions to get its foot in the…




Ontex financing for court appeal (July 13, 1992)

Directors of Toronto junior Ontex Resources (ASE) have given the green light to a $300,000 private placement financing consisting of 600,000 common shares priced at 50 cents each. Subject to regulator…


Boron acquisition generates cash flow

A recently acquired boron mining venture in South America is expected to generate sales of US$3-4 million for nine months of operation this year, according to Boron Chemicals International (VSE) Presi…


TSE SHORT POSITIONS (July 13, 1992)

Semi-monthly reports as of June 30, showed 25,849,622 shares of 590 issues compared with 26,820,344 shares of 607 issues on June 15. Larger individual positions included: Aber Res. 118,200, down 113,0…


Richmont sets production target

Output from the Francoeur gold mine near Rouyn-Noranda, Que., is projected to reach 16,000 oz. during the 7-month period June 1-Dec. 31, 1992, operator Richmont Mines (TSE) says. Richmont became the s…


Equinox, Eastmaque reach new agreement on merger

Following its failure to receive court approval for a proposed merger, Eastmaque Gold Mines (TSE) and Equinox Resources (TSE) recently signed a new agreement. Under the terms of the new agreement, Eas…



Little for mining in Senate deal

A recent deal on Senate reform negotiated by nine provincial premiers would have little effect on mining if it is ratified later this month, say industry representatives. The new Senate, made up of an…


ON THE LEVEL — High cost of native self-rule

Who’s kidding whom on the so-called inherent right to native self-rule. What does it mean? How would it work? What will it cost? And who will pay for it? It would simply be irresponsible to enshrine a…


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