Articles by Northern Miner Staff

Granges reports loss of $972,000

For the three months ended June 30, Granges (TSE) reported a loss of $972,000 versus a loss of $1.07 million in the second quarter, 1989. The company reported that earnings from mining operations for …


Dome Mountain deal in sight

An agreement is in the works which could ultimately result in a production decision on the Dome Mountain project, near Smithers, B.C., or at least see further drilling done on the property. Drilling e…



INSIDER TRADING Agnico ups interest in Goldex to 30%

Toronto-based gold producer Agnico-Eagle Mines (TSE) recently increased its exposure to any new developments at a Val d’Or, Que., exploration property held by affiliate Goldex Mines (TSE). According t…




EDITORIAL PAGE Recycling lead

In this environmentally conscious world, it is worth remembering that every issue has two sides. Take lead, for example. It has been vilified for everything from the failure of 19th-century arctic exp…


FINANCING (September 10, 1990)

Agnico-Eagle Mines Limited — 3,200,000 shs and 1,600,000 wts offered @ $8.625 per unit. American Barrick Resources Corporation — 5,000,000 shs offered @ $24.50 per sh. International Suneva Resources…


Metal Prices FREE MARKET (September 10, 1990)

London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date September 4 September 3 August 31 August 30 August 29 Copper 1539-1565 — 1557-1559 …


Hemlo offers $9 million for Magnacon mill

Cash-rich Hemlo Gold Mines (TSE) has dug into its deep pocket with a $9-million offer to Flanagan McAdam Resources (TSE) and Muscocho Explorations (TSE) for their interests in the mill and surface fac…



Coal receives boost from Gulf crisis

In 1776, the historian Gibbon observed that the command of iron gives a nation the command of gold. Much the same might be said of coal to which the story of iron is so inextricably tied. By 1761, the…


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