Articles by Northern Miner Staff

A $10 million writedown on the carrying value of the Lac Shortt gold mine in northwestern Quebec resulted in a $589,000 third-quarter loss for Kerr Addison Mines (TSE) compared with earnings of $5.6 m…

With assay results now in from a 14-hole drill program, Asamera Minerals (TSE) is busy planning an expanded 1991 exploration program for its new gold discovery near Rankin Inlet in the Northwest Terri…

An information forum on professional registration of geoscientists will be held this month in three Ontario cities: Sudbury (Nov. 14, 8 p.m.), Timmins (Nov. 15, 7 p.m.) and Ottawa (Nov. 16, 1 p.m.). T…

A drilling program is under way on the Marta gold-silver property owned by Consolidated Ramrod (VSE) in northwestern Spain. The program is testing a gold-bearing quartz vein system known as Las Llagas…

Many of the provisions in Bill 208, Ontario’s new occupational health and safety law, will come into effect Jan. 1, 1991. Advisers from the government and the province’s top employers will give guidan…

The share price of Ontex Resources rose 43 cents to $2.35 on volume of 72,500 during the week ended Oct. 30, while Avanti Capital, which owns 11% of Ontex, rose 5 cents to close at $2.65. An Ontario c…

The first four holes of a 45-hole drilling program on the San Antonio de la Huerta copper-gold property in northwestern Mexico have returned some impressive widths for Toronto-based Chutine Resources …

Week’s Price (US) Change Gold* $379.25 + $8.15 Silver* $4.22 — $0.01 Platinum*$435.55 + $9.40 Nickel** $3.95 — $0.06 Lead** $0.33 — $0.02 Copper- $1.21 — $0.03 Zinc– $0.59 — $0.02 Courtesy of Sc…

As Iraqi President Saddam Hussein promised to prepare his troops for an attack in the Persian Gulf, North American investors were also positioning themselves for the possibility of war. During the wee…

A strong dollar and lower zinc prices contributed to a 33% drop in third-quarter earnings for lead-zinc producer Curragh Resources (TSE). Net income was $13.7 million (45 cents per share) compared wit…

A 5-hole diamond drilling program is being planned by Cazador Explorations (VSE) for its Hanson Lake property near Burns Lake, B.C. The 30,000-acre property covers a large polymetallic soil geochemica…

Lower profits from Pine Point Mines and an operating loss at the Trail smelter brought about a significant drop in net earnings for Cominco (TSE) in its 1990 third quarter ended Sept. 30. Consolidated…