Articles by Northern Miner Staff

Glen Auden joins in Quebec venture with Cross Lake

Vancouver-based Glen Auden Resources (TSE) has formed a joint venture with Cross Lake Minerals (VSE) to explore two claim groups located in Casa Berardi and Estrees twps. in northwestern Quebec. The t…



Early start for Chuchi Lake

A $1 million exploration program funded by Digger Resources (VSE) and equal partner BP Resources Canada (TSE) is under way at the Chuchi Lake copper-gold project in north-central British Columbia. The…


Samatosum may have new zone below known reserves

Underground drilling at the Samatosum mine has intersected high-grade mineralization 10 metres below the known extent of reserves. The Samatosum mine, near Kamloops, B.C., is a 70-30 joint venture bet…


TSE volumes, value decline

While the value of shares traded on the Toronto Stock Exchange was down 23.5% in 1990 from 1989 levels, the exchange remains second only to the New York exchange in North America. In 1990, $64 billion…


Princeton earnings drop

Higher costs and lower revenues brought about a sizable drop in earnings for Princeton Mining (TSE) in 1990 over the previous year. Princeton reported earnings of $10.8 million for 1990, a significant…


Homestake gives to Golden Bear

Despite writing down its investment in North American Metals (TSE) by US$32.2 million last year, Homestake Mining (NYSE) recently provided the company about $2.3 million in additional financing. North…



NO HEADLINE (April 01, 1991)

TEXT: Saskatoon-based Claude Resources (TSE) has discovered a new zone of gold mineralization at the Seabee mine property in northern Saskatchewan. The new discovery, known as the 161 zone, consists …


METAL PRICES FUTURES PRICES (April 01, 1991)

N.Y. Commodity Exchange? Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Apr 107.30 106.10 107.30 + 0.50 May 107.00 105.70 106.90 + 0.95 Jun 106.40 106.10 106.40 SILVER (in US cents per…


EDITORIAL NDP may lose labor’s support

It is interesting to watch the NDP as it drifts away from labor for its sole power base and tries to appeal to more voters through populist issues such as those dealing with the environment. With the …


Alberta Stock Exchange Golconda up 22 cents

Trading was light amid the speculative junior-mining issues as the price of gold fell to a low of US$354 per oz. during the week ended Mar. 26. Among the week’s few gainers was Golconda Resources, whi…


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