Articles by Northern Miner Staff


Munk welcomes stable gold market

The chairman of one of North America’s largest and most successful gold mining companies, Peter Munk, says the industry is headed for a period of “consolidation, rationalization and upheaval” that wil…



EDITORIAL PAGE (May 04, 1992)

Interest rates have a long way to come down yet. Eventually, despite the Bank of Canada’s reluctance to let the dollar fall, rates have to come down to a level that will support investor confidence. F…


Melinga drills Honduran property

A track-mounted reverse circulation drill was recently mobilized by Melinga Resources (VSE) to test recently identified geochemical and geophysical targets on the Macuelizo gold-oxide copper prospect …


Placer Dome cuts workforce at mines

Several Canadian mines owned and operated by Placer Dome (TSE) will be restructured in order to reduce operating costs and meet existing production targets with fewer employees. The initiative was not…


Noranda may venture into magnesium

Faced with having to control capital expenses in tough economic times, Noranda (TSE) will cut its exploration spending to $112 million this year from $147 million in 1991, said President David Kerr at…


Placer announces layoffs amidst gold-market slump

The slump in the gold industry finally extended its reach to Placer Dome’s Campbell mine in northwestern Ontario during the week ended April 28 when 99 employees learned that they were losing their jo…


Dessir grabs headlines after salting scam reported

Western markets continued a prolonged slide during the week ended Apr. 28. The VSE composite index closed down 16.02 points at 615.20 while the resource index managed a more modest loss of 3.28 points…


Industry must move faster, Bacon warns

Canada’s mining industry must move faster if it wants to compete in new global markets which demand high-quality metals at competitive prices. That was the nub of a speech Quebec Energy Minister Lise …


Westmin closing Stewart mine

Full-scale operations at the Premier Gold project near Stewart, B.C., will be closed by June 30 of this year. Operator Westmin Resources (TSE) plans to continue exploring the area, and will continue m…



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