Articles by Northern Miner Staff

Bull Run Gold Report

For the fourth quarter ended Dec. 31, 1990, Bull Run Gold Mines (NASDAQ) reported earnings of US$3.6 million compared with a fourth-quarter loss of US$224,000 in 1989. The results included earnings of…



QPX backs Rea Gold offer

The board of directors of QPX Minerals (TSE) is recommending shareholders accept a recent offer by Rea Gold (TSE) to purchase any and all outstanding QPX shares. Rea Gold offered one Rea Gold common s…


Rules unclear mining lawyers say

As concern for the environment increases, mining companies are becoming increasingly uncertain as to what they are required to do before they can obtain mining permits, the Prospectors and Developers …


PEOPLE Guilderand Mining

W. Kerby appointed president succeeding D. Schindelhauer who resigned; S. Robertson appointed director succeeding M. Fraser who resigned.


Ontario’s new Mining Act takes effect June 3

Ontario’s new mining act will come into force on June 3, says Mines Minister Gilles Pouliot. The new act will contain revised regulations on claim staking and recording, assessment requirements and mi…



PEOPLE CYPRUS MINERALS CO.

Calvin Campbell appointed non-employee chairman; Chester Stone appointed president and chief executive officer.


Thunderwood sends 2 rigs to Scott Lake

Partners Thunderwood Resources (TSE) and Greenstone Resources (TSE) will resume the search for an economic massive sulphide deposit on their Scott Lake joint venture when drilling begins at the Chibou…



Rio taking control of South Kemess project

An agreement has been reached between St. Philips Resources (VSE) and Rio Algom (TSE). It gives Rio the option to purchase up to 3.8 million treasury shares of St. Philips plus 1.2 million shares (exi…


NEWS IN BRIEF United Coin Mines

Toronto-based United Coin Mines (TSE) recently borrowed $3.2 million from investment banker DCC Equities for a term of one year. The loan bears interest at prime plus 2%. Incidental to the loan, DCC r…


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