Articles by Northern Miner Staff

Government-owned mining company Cameco has completed the sale of a one-third interest in its Rabbit Lake uranium mine to Uranerz Exploration and Mining, a unit of West Germany’s Uranerzbergbau-Gmbh. ….

An option to acquire a 50% interest in the Garrison Twp. gold property of Silverside Resources (TSE) in northeastern Ontario has been dropped by LAC Minerals (TSE). Silverside President Babu Gajaria s…

Canadian geologists are called upon to travel the world for employers. A few years ago you published an article concerning the need to use an air filter when exploring adits and caves in tropical coun…

The down-draft experienced by the Toronto and New York stock exchanges in the wake of rising tensions in the Persian Gulf did not seem to have much of an effect on the Vancouver Stock Exchange. The Co…

International engineering and construction firm Fluor Corp. of Irvine, Calif., has sold its stake in the Pea Ridge Iron Ore Co. to Big River Minerals for nearly $12 million. Based in Sullivan, Miss., …

For the second time this year, Belmoral Mines (TSE) and Aur Resources (TSE) have worked out a deal designed to rescue Belmoral from its financial predicament and expand Aur’s influence in the Val d’Or…

For the first six months of 1990, Cyprus Minerals (NYSE) reported earnings of US$55.5 million, or US$1.17 per share, on revenues of US$894.8 million. The earnings were affected by a pretax US$27.5 mil…

The all-commodity price index of Scotiabank rose slightly in June, but the metal and mineral sub-index headed the other way as the price of gold dropped. The past few weeks have seen a rebound in the …

The new Swiss subsidiary of De Beers Consolidated Mines has swung a deal with the Soviet Union which gives De Beers a 5-year contract to sell the latter’s rough diamond production. Soviet production f…

Over the past six months, shares of Ontex Resources have quietly moved up above the $1.60 level from below $1 in March. During the week ended July 31, Ontex gained 15 cents to close at $1.65. The gain…

The demise of flow-through financing has been particularly damning for junior resource companies that trade on the over-the- counter exchange in Ontario. In the past six months, several juniors have t…

Toronto-based Eden Roc Mineral (ASE) has raised a total of $300,000 by way of a private placement to a European institutional investor. The placement involved 600,000 shares at a price of 50 cents per…