Articles by Northern Miner Staff

BOOKS IN REVIEWS Inactive gold projects on the rise

The number of inactive gold projects is on the rise, according to Metals Economics Group’s recent study, Potential New Canadian Gold Production. Ninety-nine Canadian gold projects were in reserves dev…


Alberta Stock Exhange Borealis gains 45 cents

Shares of Borealis Exploration posted a gain of 45 cents to close at $2.05 on volume of 22,500 during the report period ended May 8. Borealis owns several gold and platinum properties at Fat Lake and …


Placer Dome sells oil and gas unit

Oil and gas operations owned by Placer Dome (TSE) in the U.S. will be sold to the Prairie Producing group of companies of Houston, Tex., a subsidiary of Unocal Corp. of Los Angeles. The international …


Casa Berardi on line for 90,000 oz.

To judge by results at the Casa Berardi mine more than 100 km. north of here, Inco the nickel miner makes the grade as a gold miner too. The Casa Berardi East mine has been profitably producing gold f…


Three agreements net financing for Stratmin

Three financing agreements worth about $26.2 million in total have been struck by graphite producer Stratmin (ME) and its subsidiary Stratmin Graphite. The agreements have been reached with Mircal, a …


NO HEADLINE (May 14, 1990)

TEXT: Gold production is expected to commence this summer at the Cheminis mine project near Kirkland Lake, Ont., say owners Northfield Minerals (ASE) and its subsidiary Rockford Minerals (TSE). North…


Ontario beefs up grants for juniors

Junior mining companies doing business in Ontario are now eligible for grants of up to $300,000 per year from the Ontario government. It is the first time juniors, beneficiaries of flow-through financ…


Queenston Mining pulls out of the red in 1990

Increased royalty revenues from its Kirkland Lake properties adjoining the Macassa mine have lifted Queenston Mining (TSE) first- quarter results out of a loss of $33,863 for 1989 and into a 1990 prof…


Westmin plans restructuring

In an effort to reduce its long-term debt and improve earnings, Westmin Resources (TSE) is planning another restructuring. Despite the sale of its oil and gas division in 1989, Westmin has more than $…


Morrison to earn in at Casa Berardi bets

Having staked 340 claims in Casa Berardi, Que. and optioned three properties further east in Douay Twp., Morrison Minerals (TSE) is attempting to benefit from any new discovery in the region. But sinc…


CAME papers available

The proceedings of CAME’90, a 2-day meeting on computer applications in mineral exploration held recently in Toronto, are now available. Noteworthy are the dos and don’ts for each step of the explorat…


Glamis options Randsburg lands

An option on 30,000 acres of mineral holdings near Randsburg, southern California, was recently acquired by Glamis Gold (TSE) from Denver- based DRX Inc. Glamis notes that much of the land is contiguo…


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