Articles by Northern Miner Staff

Year-over-year earnings slipped to US$1.2 million for CoCa Mines (NASDAQ) during 1990. CoCa reported earnings of US$1.9 million on revenues of US$25.6 million for the year ended Dec. 31, 1989. Earning…

Shares of Tucson-based Arimetco International (TSE) recently rose 25 cents to $3.35 after the company entered into a 5-year copper sales agreement with New York metals trader Billiton Metals. Under te…

The shares of nickel producers have strengthened in recent weeks in reaction to a sudden jump in the nickel price, and some analysts are calling for further price increases by year-end. Major producer…

The search for diamonds has now expanded from Saskatchewan into Alberta, and evidence suggests the claim of 6,000 sq. km in northern Alberta belongs to Monopros, the Canadian arm of South Africa’s De …

Wye Resources (CDN) plans to begin a 5-hole program on its Saganaga Lake gold property, 75 miles southwest of Thunder Bay, Ont., as soon as the snow melts. Saganaga Lake, which straddles the Ontario-M…

Curragh Resources (TSE) Chairman Clifford Frame says he feels sorry for the families of 400 striking employees at the company’s lead-zinc operation at Faro, Y.T. But given the current state of metal p…

Exploration budgets totalling about $2.5 million are being planned for a number of projects in British Columbia’s “Golden Triangle” held directly and indirectly by Goldbelt Mines (VSE). Goldbelt and a…

An agreement in principle was reached between El Condor Resources (VSE) and Covenant Resources (VSE) for the merger of the two companies. The new company will issue one new share for each El Condor an…

Concern over interest rates and first-quarter earnings combined to drive some investors out of the market during the week ended April 9. Having profited from a first-quarter rally, which they fear may…

Employees at Brunswick Mining & Smelting’s (TSE) zinc mine and smelter near Bathurst, N.B., will remain on strike rather than accept a “final offer” from the company, says Phil Best, a representative …

A list of Canada’s best paid corporate executives in 1990 would include Chairman Donald Phillips of Inco (TSE) and President Anthony Petrina of Placer Dome (TSE). Information on executive salaries is …

After completing a 12-hole drill program on Jena Mines’ gold property in Zimbabwe, Trillion Resources (ASE) has negotiated an agreement to earn a 50% equity interest in the African company by investin…