Articles by Northern Miner Staff

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…



B.C. can correct harm done by parks decision

Once upon a time, many years ago in a place called British Columbia, when a prospector staked some claims, he knew that if he obeyed the rules and was lucky enough to discover an orebody, he could kee…



Vananda drilling on Texada

Drilling at the little Billie mine on Texada Island, B.C., has returned a number of copper-gold skarn intersections. The property is owned by Vananda Gold (VSE) which is attempting to expand prelimina…


Rayrock writes off Colomac gold mine

A $4.2 million writedown, mainly related to a royalty interest in the floundering Colomac gold mine, has made a dent in the 1990 income of Rayrock Yellowknife Resources (TSE). Net earnings for the yea…


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