Articles by Northern Miner Staff

Following a disastrous first quarter, Echo Bay Mines (TSE) may be on the verge of a turnaround. For the three months ended June 30, the gold producer reported earnings of US$778,000, or 1 cents per sh…

Rand Mining, an operating subsidiary of Glamis Gold Mines (TSE), recently acquired all of the Randsburg, Calif., properties owned by Echo Bay Mines (TSE). The 5,600-acre land package includes the Balt…

Unable to turn a profit in the mineral exploration sector, Flagship Resources (COATS) has joined an ever growing number of over-the-counter companies to abandon their mining interests. Flagship is neg…

When a predecessor company to Princeton Mining (TSE) acquired the Similco open pit copper mine near this picturesque community in June, 1988, it was with a view to provide a much- needed diversificati…

As part of a revised agreement with Pamorex Minerals (TSE), Hydra Explorations (TSE) will relinquish all title to the NightHawk Lake property near Timmins, Ont., in exchange for $45,000 and a royalty …

A joint venture agreement between Mineta Resources (VSE) and Corona (TSE) will give the latter company the right to earn up to a 75% interest in the Golden Loon claims by spending $1.2 million on the …

The employer of project superintendent Ron Koebel, who is stationed at the Eskay Creek gold project in northern British Columbia, was incorrectly identified (T.N.M., Aug. 6/90). Koebel works for Tonto…

Week’s Price (US) Change Gold* $384.75 + $13.65 Silver* $4.87 + $0.06 Platinum* $479.65 — $5.50 Nickel** $4.99 + $0.36 Lead** $0.40 + $0.01 Copper- $1.32 + $0.03 Zinc $0.75 + $0.05 Courtesy of Scotia…

Despite record production at Hope Brook Gold’s (TSE) underground gold mine on the southwest coast of Newfoundland, lower gold prices and high production costs continue to hurt the company’s balance sh…

London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date August 7 August 6 August 3 August 2 August 1 Copper 1562-1564 1492-1550 1547-1550 15…

Further results from the Lynne project in Wisconsin, where Noranda (TSE) made a major zinc discovery in June, will not be released until Aug. 21, said Walter Nash, director of U.S. exploration. Nash s…

Projects in the Golden Triangle of northwestern British Columbia have upstaged star performers in other provinces to become Canada’s hottest plays this summer. Among them is Newhawk Gold Mines’ Sulphu…