Articles by Northern Miner Staff


Unlisted Trading Peat financing

Trading volumes for the junior mining issues slumped during the week ended April 16 as investors continued to wait out the recession. But in the meantime, Peat Resources announced the company is just …


EPA threatens lead producers

The U.S. Environmental Protection Agency (EPA) recently indicated that it is preparing a position paper dedicated to the eventual banning of lead mining south of the border and to the importance of re…


LAC rights plan

Gold producer LAC Minerals will seek shareholder approval for a rights plan at the annual meeting May 1 in Toronto. LAC’s board of directors adopted the proposed rights plan, aimed at trying to thwart…


Insider Trading Gairdner sells Arimetco shares

Arimetco International (TSE) director John Gairdner recently missed an opportunity to cash on the Arizona company’s copper sales agreement with metals trader Billiton Minerals. The deal drove Arimetco…


LETTERS TO THE EDITOR Frustrations understandable

A. Chamot’s rather vitriolic letter (T.N.M., Jan. 28/91) referring to engineers and the profession follows the pattern of most highly concerned individuals by showing a propensity for exaggeration. Bu…



Montreal Exchange Armeno shows gain

Topping the list of active resource stocks during the week ended April 16 was Vancouver-based Armeno Resources, which gained 4 cents to 44 cents on trading of more than 600,000 shares. Among the compa…


Claimstaker stakes in Toodoggone

A group of claims totalling 56 units have been staked in the Toodoggone region of north-central British Columbia by Claimstaker Resources (VSE). The claims are immediately adjacent and to the south of…


Exploration spending shifting to base metals

Most of Canada’s major mining companies will spend less on exploration this year as part of an industry-wide decline in the search for new deposits. And with the price of gold resting comfortably at U…


DRX explores Yap gold bet

New York-based DRX (NASDAQ) is encouraged by exploration results on a Micronesian gold property in Yap State, 750 miles north of Papua New Guinea. Yap State is a former U.S. trust territory and the gr…


U.S. REPORT ASARCO signs new wage deal

New York-based metals producer Asarco (NYSE) has signed a new 3-year wage deal with the United Steelworkers union which represents 130 employees at the company’s Glover, Miss., smelter and refinery. T…


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