Articles by Northern Miner Staff

The reopening of the Van Stone mine is a welcome event to local residents who depend primarily on the flagging logging industry for employment. Of the 75 employees at the mine, almost all were hired l…

A block of 54 claims in the Randsburg district of southern California was recently purchased by Glamis Gold (TSE) from DRX Resources (NASDAQ). Glamis paid DRX US$200,000 for the claims and plans to u…

Taking a big hit on the market for the week ended July 2 was Perrex Resources. Trading over four million shares, the junior gold explorer lost three quarters of its value to close at one penny. Althou…

Following the southerly migration of exploration dollars, Canmine Resources has agreed to acquire a 100% interest in the San Antonio silver property in the province of Chihuahua, Mexico. In exchange …

Interest in Mexico’s mineral deposits has surged recently after the country announced its decision to allow 100% foreign ownership of local companies for up to 12 years. The prospect of free trade amo…

Trading volumes struggled but the market turned positive during the holiday-shortened week ended July 2. The mining and minerals index jumped by 33.7 points and the market portfolio moved ahead by 5.8…

BGR Central Net Value $9.00 $5.24 Price $7.75 $4.750 Discount 13.89% 9.4% Value $53,599,558 $79,915,425…

Encouraged by recent results at Aurizon Mines’ (TSE) Sleeping Giant gold property north of Amos, Que., Cambior (TSE) is committed to spending $3.6 million on underground exploration. In a bid to dete…

In return for an option to purchase shares of Northfield Minerals (ASE), Dynatec Mining has agreed to develop and mine above the 695-ft. level at the Cheminis site near Virginiatown, Ont. The option,…

Gold output by Agnico-Eagle Mines (TSE) in 1990 from its Joutel Twp. and LaRonde mining operations in northwestern Quebec totalled 162,443 oz., produced at an average cast cost of US$272 per oz. An ea…

Pacific Metals (ASE) has proposed a private placement of 1.4 million special warrants at a price of $1 each to replace a previously-announced common share placement. Each warrant will be exchangeable …

A feasibility study carried out on the Duvay heap leach gold project north of Amos, Que., concludes that total costs would be $10.43 per ton, Societe Miniere Sphinx (VSE) reported. Direct recovery co…