Articles by Northern Miner Staff

A survey of 1990 mining tax legislation showed no clear winners in 27 states, reports Mining Cost Service, a publication of Western Mine Engineering of Spokane, Wash. An assortment of laws were passed…

Apparently fed up with waiting for his company’s share price to move upward, St. Genevieve Resources (TSE) Chairman Pierre Gauthier has retained Merrill Lynch Canada to find a buyer for the Montreal-b…

Annual sales of rough diamonds by the Central Selling Organization (CSO) of De Beers totalled US$4.17 billion last year, up 2% from US$4.09 billion in 1989, the company reports. The 1990 sales figure …

The value of mineral production in Alaska for 1990 jumped to US$534 million in 1990, up substantially from the US$277 million reported in 1989. The increase was primarily caused by a jump in base meta…

Stung by weak gold prices and high operating costs, the Renabie gold mine near Wawa, Ont., will shut down its stopes permanently this year, says owner Renabie Gold Mines, a subsidiary of Corona (TSE)….

Shipment of an 8,000-tonne test sample of manganese ore to a ferro2Dmanganese furnace near Montreal has been completed, Hollinger North Shore Exploration reported. Hollinger, a unit of La Fosse Platin…

Surface samples from the Bellechasse project, southeast of Quebec City, continue to return encouraging results for partners Golden Hope Mines (COATS), St. Genevieve Resources (TSE) and Exploration Duv…

As peace seemed imminent in the Persian Gulf during the week ended Feb.26, both gold bullion and oil prices drifted lower, taking several TSE-listed gold mining stocks along with them. By presstime, g…

Toronto-based TVX Gold (TSE), the product of an amalgamation involving Consolidated TVX Mining and the wholly owned gold producing subsidiary of nickel miner Inco (TSE), is owned 62% by Inco. But as i…

With two mines now in operation, Black Swan Gold Mines (VSE) is working to push results back into the black. For the nine months ended Dec. 31, the company reported a loss of $199,000 on revenues of $…

Toronto-based Glencairn Explorations (TSE) is changing its focus from diamond to gold exploration. Having recently failed to bring a Brazilian diamond project into production, Glencairn has obtained a…

Hecla Mining (NYSE) of Coeur d’Alene, Idaho, recently increased its stake in Acadia Minerals (TSE) to 55.51% from 52.5%. Under a June, 1990, agreement, Hecla paid Acadia $600,000 in cash in exchange f…