Great Lakes may lease mill
Great Lakes Minerals (TSE) is considering leasing an existing mill 23 miles from its 543-S copper deposit in order to be in production within a year. The deposit lies on the Keeweenaw Peninsula in Mic…
Articles by Northern Miner Staff
EDITORIAL PAGE — A school for the future
About three years ago the future of Haileybury School of Mines was in doubt. With limited enrolment, bruised morale following a bitter strike and dwindling resources, it looked as if the institution w…
LETTERS TO THE EDITOR — Gerard defends labor leaders
Your editorial “Self-serving labor leaders” (T.N.M., June 15/92) is quite out of character for The Northern Miner. It is such a gratuitous, hysterical, falsehood-laden personal attack on myself and th…
LETTERS TO THE EDITOR — Validating Flag’s claims
Flag Resources reported (T.N.M., June 15/92) that analyses from the first 1,500 ft. of core from its hole indicated enrichment in elements found in Sudbury ores. Flag specifically referred to the nick…
Teddy Bear shuffle is ruled `improper and invalid’ by court
A judge for the Ontario Court of Justice has ruled that the 1984 transfer of at least 1.23 million shares of Teddy Bear Valley Mines (CDN) from the Teddy Bear Valley Syndicate to former chairman Ross …
Cyprus announces huge writedown
The new chairman and chief executive officer of Cyprus Minerals (NYSE), Milton Ward, recently announced writedowns totalling US$415 million. The writedowns reflect weak markets for some of the company…
STOCK MARKETS — First-hole results at Casino boost shares of
Trading statistics for the Vancouver Stock Exchange mirror a general feeling of malaise at brokerage houses where phones are quiet. After comparing the second quarter of 1992 with the first, the excha…
Shipes sees bright future for Arimetco
By using low-cost methods to produce cathode copper at properties in North and South America, Arimetco International (TSE) Chairman Roy Shipes says he wants to turn the company into an industry powerh…
USMX in production at Yankee
After a year of permitting, engineering and construction, USMX (NASDAQ) recently brought a third producing property into production on the Alligator Ridge trend near Ely, Nev. The project, dubbed the …
Royal Oak cleared in tailings spill
Royal Oak Mines (TSE) says it (with predecessor Pamour Inc.) has been cleared by the Ontario Environmental Appeal Board of any liability in connection with the Oct. 17, 1990, tailings spill at the for…
LATIN AMERICA — Joint venture to explore in Uruguay
A joint venture involving Santa Fe Pacific Minerals, Gold Standard (PSE) and Big Pony Gold (NASDAQ) will explore for gold in Uruguay. Gold Standard and its 50% owned subsidiary Big Pony, both based in…
Rembrandt funds
Shareholders of Rembrandt Gold Mines (ASE) approved a $300,000 private placement of 1.5 million shares at 20 cents per share at the recent annual meeting. The company says the proceeds will be used fo…