Articles by Northern Miner Staff

Placer Dome options project in N.W.T. from Noble Peak

Vancouver gold miner Placer Dome (TSE) is poised to take a close look at Canada’s second largest Archean greenstone belt after optioning Noble Peak Resources’ (ASE) Southwin gold project in the Northw…


NEWS IN BRIEF; FINANCING

Armenex Resources Canada Ltd – 800 units consisting of 1,750 shs and 1,250 flow through shs offered @ $600,000 per unit. Bradsue Resources Ltd – 600,000 units consisting of 1 sh and 2 wts offered @ 40…



Correction (September 02, 1991)

The participation of Westfield Minerals and Whim Creek Consolidated in the WX syndicate (T.N.M., Aug. 26/91) was incorrectly reported by NovaGold Resources (TSE) in a press release. NovaGold has an op…


Governments, companies opt for commuter mines

Nobody wants wilderness mining towns anymore. Workers prefer flying or driving on weekly or biweekly rotations from southern centres to wilderness mines. Mining companies are glad to be rid of the cos…


EDITORIAL PAGE (September 02, 1991)

There are few rays of sunshine for junior gold companies these days. The precious metal has lost a great deal of its lustre over the past decade. The gold price has been on a downtrend since the Ameri…


LETTERS TO THE EDITOR (September 02, 1991)

Further to the article “Temagami claims’ status uncertain following court decision,” by Virginia Heffernan (T.N.M., Aug. 26/91), I would like to make the following points. — The Sudbury anomaly is 60…


Inco to invest in African diamonds

Nickel producer Inco (TSE) will try its luck in the diamond business after signing an agreement with the government of Ghana. In a joint announcement with Lazare Kaplan International, a New York-based…



Canadians respond to Mexican investment changes

Many major Canadian mining companies have opened offices in Mexico in response to a series of changes instituted by the Mexican government to make the mining industry more attractive to both foreign a…


Hol-Lac placement

Hol-Lac Gold Mines (CDN) completed a $150,000 private placement involving 750,000 shares at 20 cents per share and a similar number of warrants exercisable at 20 cents per share to Aug. 27, 1994. Subs…


New contract at Falconbridge

Union workers at the Sudbury, Ont., operations of Falconbridge voted 68% in favor of a new 3-year contract. Ratification came the day before a strike deadline by members of the Mine, Mill and Smelter …


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