Articles by Northern Miner Staff

A drop in the prices of gold, silver, lead and zinc helped push Hecla Mining (NYSE) into a US$2.7-million loss for the first quarter of 1991. This compares with earnings of US$4.6 million in the year…

The Spokane Stock Exchange, which played an important role in financing mining activities throughout the Pacific Northwest for 94 years, closed its doors May 24. “It was a sad day,” said Stan Covey, …

Both the VSE’s composite and resources indices gained ground during the week ended June 4. The latter jumped by 23.12 points to finish at 541.92, while the composite index added a more modest 9.82 poi…

Seven holes recently completed at Glimmer Resources (TSE) Beatty-Hislop gold property near Matheson, Ont., failed, with one exception, to intersect significant mineralization. Hole 54 intersected a 2…

News that Japanese automaker Nissan has developed a platinum-free catalytic converter recently sent platinum futures prices in New York falling and palladium prices climbing. It was a brief market fl…

Public companies have to walk a fine line when it comes to public disclosure. They want to keep existing investors up to date and attract potential investors with information about their current work,…

After nearly a decade since their discovery, the three Hemlo mines are now passing their peak productive years. The Williams mine, owned 50-50 by Teck (TSE) and Corona (TSE), will post a production …

Up five cents to close at 70 cents for the week ended June 4, Northfield Minerals has started work at the Cheminis gold mine near Virginiatown, Ont., and expects to process its first ore within two mo…

Employees at Noranda’s (TSE) Central Canada potash mine recently voted 66% in favor of a new 2-year wage contract that provides for a 10.2% wage increase over the life of the contract. Set to expire A…

Noranda (TSE) recently tested down-plunge extensions of Lightning zone at 600-800 metres, not feet as previously reported (T.N.M, June 3/91).

Toronto-based MVP Capital (TSE) is preparing to make an exchange offer to European holders of 13.3 million Swiss Francs ($10.7 million) worth of secured convertible bonds. Assuming MVP can raise the n…

A liquid sulpher dioxide plant will be built at the Kidd Creek mine in Timmins, Ont., following an agreement between Falconbridge and Masulex, a major supplier of SO2 and sulphuric acid. Under the agr…