Articles by Northern Miner Staff

The mining sector escaped relatively unscathed recently from an Ontario New Democratic Party budget that will drive the provincial deficit up to $9.7 billion in fiscal 1991-92. In a bid to bolster rev…

The acquisition of 637,500 escrow shares of Lorica Resources (VSE) by Prime Equities (VSE) from former Lorica management has resulted in Prime taking over control of the company. Prime paid 5*CS each …

The performance of the Colomac gold mine in the Northwest Territories continues to improve as the remote open pit operation uses up remaining fuel supplies purchased by owner NorthWest Gold (TSE). Nor…

Cominco President Robert Hallbauer didn’t mince words at the company’s recent annual meeting when he called 1991 first-quarter results “terrible,” or 1990 “a difficult year.” The company’s problems a…

William Nicely elected chairman, president and chief executive officer succeeding Charles Snead who resigned.

Denver-based Crown Resources (VSE) is adding yet another new gold discovery to its already impressive exploration track record. The company recently announced a new find on its Kings Canyon project in…

An independent forum of 13 major earth science societies has given geologists with the British Columbia government a positive review. The Canadian Geoscience Council said after its review that the B.C…

The Canada Centre for Mineral and Energy Technology (CANMET), the research and technology arm of Energy, Mines and Resources (EMR) Canada, will establish a mining research laboratory near Val d’Or, Qu…

A private placement of $12 million in convertible debentures was recently completed by Princeton Mining (TSE) through Deacon Barclays de Zoete Wedd. The debentures pay 10% and are convertible into com…

Vancouver-based Glamis Gold (TSE) has entered into an agreement with Toronto investment firm Loewen, Ondaatje, McCutcheon & Co. relating to US$8-million worth of convertible debentures. Under the agre…

Pantelis Tasperas appointed director succeeding Nicolaos Panos.

Regarding the article “Haileybury teacher should be recognized” (T.N.M., Apr. 22/91), I fully support Russell Thompkins’ nomination of Ozzie Walli to the Canadian Mining Hall of Fame. I met Ozzie shor…