Articles by Northern Miner Staff

By mutual agreement, an option allowing Gold Fields Mining to earn a 60% interest in the Blue Dog gold property from Gold Canyon Resources (VSE) was recently terminated. The Idaho gold project was pre…

“Salt vt: to enrich (as a mine) artificially by secretly placing valuable minerals in some of the working places” (Webster’s New Dictionary). Although Webster’s definition doesn’t necessarily portray …

Mining can be a pretty terrible business. When commodity prices are up, companies make huge capital investments to develop a mineral deposit. The metal price inevitably falls and the company must suff…

A cyanide spill at the former Union mine near Grand Forks, B.C., has left Robert Seraphim fighting charges and a suit brought against him by the province of British Columbia. Sumac Ventures operated a…

Ventex Resources Corp – 1,500,000 shs offered @ 10 cents per sh.

Two operations consolidations were announced recently by Asarco (NYSE). The large copper producer has merged its Amarillo copper refinery and El Paso copper smelter, both in Texas, to form its Southwe…

Week’s Price (US) Change Gold* $334.75 – $3.55 Silver* $ 3.94 – $0.05 Platinum* $340.75 – $0.85 Nickel** $ 3.38 – $0.01 Lead** $ 0.24 $0.00 Copper $ 1.00 $0.00 Zinc $ 0.62 + $0.02 Courtesy of Scotiaba…

London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Apr 28 Apr 27 Apr 24 Apr 23 Apr 22 Copper 1236-1237 1241-1242 1245-1246 1248-1249 12…

ALUMINUM: MW U.S. market US62-62.75 cents per lb. (Apr. 15, 1992). ANTIMONY: New York dealer US78-82 cents per lb. (Mar. 26, 1992). BISMUTH: New York dealer US$2.50-2.70 per lb. (Mar. 26, 1992). CADMI…

When Curragh Resources first considered taking over the Faro operation, concentrate transportation to the Alaskan seaport at Skagway was a key, make-or-break factor. The previous mine owners had relie…

Curragh Resources had planned on, and insulated itself against, a recession that would last no longer than nine months. Long-term debt was converted so that principal payments would only begin in 1996…

Curragh Resources’ second Yukon operation, Sa Dena Hes, is approximately 45 km north of Watson Lake or about an hour by air south from Faro. (Sa Dena Hes is a joint venture between Curragh, 80%, and H…