Articles by Northern Miner Staff

U.S. REPORT Ridgeway produces 30% less

Gold production at the Ridgeway open pit mine in South Carolina fell by about 30% to 30,843 oz. during the 1991 first quarter from production levels a year earlier. Galactic Resources (TSE), which ho…



Lawyers pushes Cheni into red

First-quarter earnings for Cheni Gold Mines (TSE) took a turn for the worse this year with the company reporting a net loss of $1.5 million on revenues of $5.2 million. The company reported a cash fl…


EDITORIAL PAGE Good news, bad news

The good news is that the federal government and the Saskatchewan government have agreed on a method to streamline the environmental assessment process for uranium mines. In the world of environmenta…


IOCC GOLD OPTIONS (May 20, 1991)

Options Open Series Volume Last Interest May 370 P 10 12.00 10 The New York closing gold price was $359.90 per oz. Last quotations for gold optio…


GOLD FUNDS (May 20, 1991)

Gold funds as of May 14 BGR Central Net Value $8.78 $5.09 Price $7.38 $4.650 Discount 15.95% 8.6% Value $52,275,460 $78,232,995…


Past may be prologue if A-J mine revives

If this historic mining town once again becomes an active mining centre, Echo Bay Mines (TSE) will have led the way. The company has taken on two former producing projects just outside this picturesqu…


Alberta Stock Exchange Tyranite mine sold

An agreement to sell their combined 40% interest in the Tyranite gold mine near Timmins, Ont., failed to spark the share price of either Gunnar Gold Mining or Mill City Mining in the week ended May 14…


LETTERS TO THE EDITOR Not all income is taken home

Regarding the article “Mining executives among best paid” (T.N.M., April 15/91), it is stated that sundry mining executives “took home” various substantial rewards. Are we to understand that these su…


VSM Exploration starts drilling

Summer exploration has commenced at a number of properties optioned by VSM Exploration (TSE) and its privately owned French partner Serem-Quebec in the Quevillon-Desmaraisville region of northwestern …




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