Articles by Northern Miner Staff

Landowners attack, close mine

In an attack reminiscent of the still unresolved 3-year-old Bougainville copper mine conflict, disgruntled Papua New Guinea (PNG) landowners have brought the operations of another mine site in the Sou…



Montreal Exchange — Aurizon benefiting

Volumes remained buoyant but the market portfolio and mining and minerals index went in opposite directions during the week ended Feb. 4, the former closing up by 7.8 points and the latter slipping by…


New property royalty for Euro

Toronto-based Euro-Nevada Mining (TSE) has acquired a 4% net smelter return on about 27,000 acres of the Alligator Ridge gold trend in Nevada. The company said it paid US$3 million. A portion of the A…


Spot prices at a glance (February 10, 1992)

Price (US) Week’s Change Gold* $354.95 – $0.45 Silver* $ 4.17 + $0.01 Platinum* $358.25 + $11.75 Nickel** $ 3.47 – $0.01 Lead** $ 0.23 $0.00 Copper $ 0.98 – $0.01 Zinc $ 0.52 – $0.01 Courtesy of Scoti…


Spirit tests gold zones at depth

A 7,500-10,000-ft. drill program is under way on Spirit Lake Explorations’ (ME) Edwards gold property northeast of Wawa, Ont., in preparation for underground bulk sampling. The program, designed to te…


Westmin’s drilling extends Battle zone

A fifth intersection of Battle zone mineralization was intersected by Westmin Resources (TSE) during an ongoing drill program at the company’s Myra Falls mine property near Campbell River, B.C. The mo…


Pegasus eyes new opportunities

Spokane-based Pegasus Gold (NYSE) kicked off the new year by joint-venturing a Nevada gold property held by Athena Gold (VSE), and in a separate development, announced plans to make an additional equi…


Industry favors fly-in operations

We are surprised that David Johnston takes issue in his letter to the editor (T.N.M., Oct. 14/91) with our research findings cited by Olav Svela (T.N.M., Sept. 2/91) with respect to the growth of comm…


Curragh facing gap’ in Faro output

Curragh Resources (TSE) is facing the possibility of having to lay off at least some of the 400 miners employed at its Faro zinc-lead mine in the Yukon, unless it can come up with financing for develo…


Claude resumes drilling amid talks with creditors

While attempting to reschedule payments on $5 million owed to major creditors, Claude Resources (TSE) continues to make progress at its Seabee gold mine near La Ronge, Sask. Following a 6-week product…


Northway funds

Northway Explorations (TSE) says it has arranged a private placement of 1.25 million shares at 12 cents per share, for a total consideration of $150,000, with Jonpol Investments Ltd., subject to share…


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