Articles by Northern Miner Staff

Mine closures outstrip openings

Mine closures outnumbered openings in Canada by almost 2:1 last year as low metal prices and flat markets battered mineral producers nationwide. According to Energy, Mines and Resources Canada, 33 min…


Kookaburra samples Mayflower zone

Recent sampling in an area immediately south of the Longshot Ridge copper-oxide deposit near Hawthorne, Nev., has outlined an additional zone of copper mineralization, owner Kookaburra Gold (VSE) repo…


GOLD FUNDS (April 20, 1992)

BGR Central Net Value $7.59 $5.03 Price $5.75 $4.40 Discount 24.24% 12.5% Value $45,193,000 $74,026,920…


FINANCING (April 20, 1992)

Waseco Resources Inc – 675,000 shs offered @ 42 cents per sh. Azco Mining Inc – 2,750,000 units consisting of 1 sh and 1 wt offered @ $2.36 per unit.



Tanzania opens its doors to foreign investment

Although best known for such scenic wonders as Lake Victoria, Mt. Kilimanjaro and the Serengeti plain, Tanzania is also rich in mineral resources such as gold, diamonds and nickel. Those resources hav…


Galico, Noront complete 5 holes

Galico Resources (VSE) has completed a 5-hole, first phase program on Noront Resources’ (VSE) Hurdman Twp. property about 65 miles northwest of Timmins, Ont. Noront says Galico encountered zinc minera…


Suntac raises funds for Polaris drilling

Funding for a drilling campaign at the Polaris-Taku project has been arranged by Suntac Minerals (VSE) through a 2.5 million-unit private placement at 20 cents per unit. The units include a warrant to…


WisCan drops Wisconsin option

A joint venture agreement between WisCan Resources (TSE) and Noranda (TSE) to explore the Goodman North and South, Reef and Enterprise projects in Wisconsin has been terminated. WisCan was formed just…




Chile well established as top copper producer

Chile is the worlds largest producer and exporter of copper, accounting for 22% of the Western worlds total production, and about 23% of the worlds copper reserves. Based on planned production statist…


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