Agnico-Eagle bids for control of Vezza prospect
Toronto-based Agnico-Eagle Mines (TSE) has offered to buy 100% control of the Vezza gold project in northwestern Quebec from 50/50 partners Dundee-Palliser Resources (TSE) and North American Rare Meta…
Articles by Northern Miner Staff
U.S. REPORT Wounded Bull completes Newsboy feasibility
With a positive feasibility study in hand, Wounded Bull Resources (Sydney) is now seeking financing to bring its Newsboy gold mine in west-central Arizona into production. Capital cost for a 600,000-t…
Urgent deadline
The British Columbia & Yukon Chamber of Mines is reminding individuals and organizations to submit written briefs in response to government proposals to increase parks and wilderness areas. “This is y…
Formosa mining at Silver Butte
By late April, Formosa Resources (VSE) expects to achieve its targeted production rate of 400 tons per day at its Formosa-Silver Butte polymetallic mine project near Riddle, Oreg. The company, slightl…
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…
Icebreaker opens possibilities for Raglan nickel mine
The New Quebec Raglan project, Falconbridge’s perennial mine of tomorrow, is inching closer to a production decision. Recently, a freighter successfully navigated the winter ice and docked at an aband…
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…
LETTERS TO THE EDITOR Is this the same George Miller?
As a regular reader of The Northern Miner, I often read articles submitted by a George Miller, the president of the Mining Association of Canada. Could he be the same George Miller who at one time was…