Articles by Northern Miner Staff

A $500,000 drill program operated by Noramex Minerals (VSE) is now under way on the Bunce gold property in Pershing Cty., Nev. Funds for the reverse circulation drilling program were provided by Annab…

Acquisition from Hanson PLC of London of a 42% interest in Newmont Mining (NYSE) for US$1.1 billion has been completed, General Oriental Investments of Grand Cayman Islands reports. At the same time, …

With a firm commitment from St. Genevieve Resources (TSE) to spend $2 million by Aug. 15, 1991, Golden Hope Resources (COATS) continues to uncover high-grade veins as it strips back overburden from th…

Options on two gold properties, Amelia Mine and Amelia 7, in Sonora, Mexico, near Magdalena, have been acquired by Chutine Resources (VSE) through a Mexican subsidiary. The company says both propertie…

Dec. 11 Dec. 10 Dec. 7 Dec. 6 Dec. 5 HIGH LOW Composite “300”3239.25 3236.85 3233.56 239.37 3226.52 4009.47 3009.91 Metals & Minerals 766.69 2754.03 2756.89 2774.13 2738.43 3453.06 2502.63 Integrated …

Freewest Resources (TSE) President Mackenzie Watson will be a very rich man if his company’s Harker-Holloway, Ont., gold joint venture with Noranda (TSE) lives up to expectations. Figures released by …

Economic woes in Cuba, which produces about 5% of the world’s nickel, could trigger a runup in nickel prices, industry analysts say. The price of nickel, currently about US$3.70 per lb., could reach U…

A letter of agreement has been entered into between Camreco (TSE) and Noranda Exploration, a unit of Noranda (TSE), whereby the latter may earn a 50% interest in the Goldlund gold property in northwes…

The Vancouver Stock Exchange continued its progression of record lows over the week ended Dec. 11. The Composite Index settled with an 8-year record low close of 505.84 before rebounding somewhat to f…

Preliminary assay results were released by Fairbanks Gold (VSE) from a 45,000- ton bulk sample mined at its 51% owned Fort Knox gold property near Fairbanks, Alaska. The company said the preliminary, …

Juniors Onitap Resources (TSE) and Exploration Orex (ME) announced at presstime they have settled their legal dispute concerning the Goldboro gold property in Nova Scotia. Orex, which initiated the la…

Week’s Price (US) Change Gold* $377.30 — $7.45 Silver* $4.15 + $0.04 Platinum*$429.75 + $3.00 Nickel** $3.70 + $0.03 Lead** $0.29 — $0.02 Copper- $1.11 — $0.02 Zinc– $0.56 — $0.01 Courtesy of Sco…