Articles by Northern Miner Staff

Recent surface work and drilling on the Gold Basin property in Arizona may be uncovering a large, low grade gold system, report partners Consolidated Rhodes Resources (VSE) and Toltec Resources (VSE)….

Shares of Queenston Mining (TSE) were active recently following speculation related to a 5-hole drill program on the company’s Matachewan, Ont., joint venture with Strike Minerals (COATS). The program…

A cease-trading order against Borealis Exploration (ASE) has been lifted by the Ontario Securities Commission (OSC) which will allow the junior to buy back more than 576,000 of its own common shares (…

Toronto-based Kerr Addison Mines (TSE) intends to sell its 30.5% stake in Calgary-based oil and gas producer Anderson Exploration. Kerr’s 6.2 million shares of Anderson are worth nearly $100 million a…

London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date January 8 January 7 January 4 January 3 January 2 Copper 1348-1350 1358-1360 1322-13…

The Toronto Stock Exchange (TSE) has agreed to take responsibility for the unlisted stock market known as COATS. Towards the end of January, the TSE will take over the trading system from the Ontario …

A 5,000- metre diamond drilling program is scheduled to begin before month- end at the Big Island property located near Flin Flon, Man. Minnova (TSE) is earning a 50% interest in the property from New…

Funds made available through a 6-month line of credit will allow Major General Resources (VSE) to initiate a winter drilling program at its wholly owned Meen Lake, McVean Lake and First Loon propertie…

Drilling will get under way at the Grandroy mine project near Chibougamau, Que., this month, says property-owner Inlet Resources (VSE). Inlet will be testing the depth potential of the copper-gold dep…

It wasn’t exactly a stellar year in 1990 for the precious metals’ industry and if analysts are correct, 1991 isn’t going to be much better. At least not for gold and silver. Last year, high interest r…

A porphyry gold prospect in southern California has been acquired by Golconda Resources which rose 16 cents to close at 28 cents on volume of 82,000 shares. Golconda said widespread gold mineralizatio…

The Vancouver market indices remained relatively quiet during the report period ended Jan. 8, with little news to help spur activity. The composite index remained virtually unchanged at the 627-level …