Articles by Northern Miner Staff

Consolidated Nevada Goldfields (TSE) has purchased several mining properties in the Aurora mining district of Nevada for $1.2 million. The Colorado-based junior had been leasing the claims, which incl…

Precious metal stocks hit as gold price drops A big drop in the price of gold during the week ended September 10 put more pressure on North American precious metal stocks and lowered confidence in an …

BGR Central Net Value $8.41 $4.85 Price $7.38 $4.350 Discount 12.28% 10.3% Value $50,059,635 $73,185,705…

Canada retained its position as the top world user of gold for coinage during 1990, requiring more than one million oz. to mint the popular Maple Leaf bullion coin, according to a report published by …

Vancouver-based Royal Oak Mines (TSE) has collapsed its gold hedging program in order to pay down long-term debt. As of June 30, Royal Oak had hedged 100,000 oz. of gold at an average delivery date pr…

Sunny weather and higher than normal attendance helped the Women’s Association of the Mining Industry of Canada raise funds for bursaries, scholarships and charities at its annual picnic Sept. 7. “It …

Toronto-based Wheaton River Minerals (TSE) says it intends to start a feasibility study at the Skukum Creek gold and silver property near Whitehorse, Y.T., after acquiring the project from Omni Resour…

The province of Sas-katchewan, through CIC Mining Corp., has sold 7.3 million special warrants of Potash Corp. of Saskatchewan (TSE) for proceeds of close to $137 million. Priced at $18.75 each, the s…

A $15-million expansion program, designed to support an increase in production to 2,000 from 1,500 tons per day, will begin immediately at the East Malartic mill, says owner LAC Minerals (TSE). The ex…

In concert with numerous other juniors looking further afield for promising mineral properties, Taywin Resources (VSE) recently announced it is participating in a Mexican exploration program involving…

Wiscan Resources Inc – 2,500,000 units consisting of 1 sh and 1 Series C wt offered @ 30 cents per unit.

Week’s Price (US) Change Gold* $347.50 – $ 1.10 Silver* $ 3.97 + $ 0.04 Platinum*$346.50 + $ 2.50 Nickel**$ 3.64 + $ 0.12 Lead** $ 0.25 + $ 0.01 Copper $ 1.06 + $ 0.03 Zinc $ 0.47 + $ 0.01 Courtesy of…