Articles by Northern Miner Staff

For the year ended Oct. 31, Colony Pacific Explorations (VSE) reported a net loss of $669,000 on revenues of $124,000. This compares with the previous year’s loss of $197,000 on revenues of $140,000. …

Over the past few months, Major General Resources (VSE) has been increasing its stake in gold properties across the country. In Newfoundland, Major General Resources (VSE) has recently exercised an op…

Following a major corporate restructuring and asset sale last November, Citadel Gold Mines (TSE) plans to conduct a small exploration program this year on its claims around the Surluga gold deposit at…

For the year ended Dec. 31, Golden Knight Resources (TSE) reported net earnings of $2.5 million or 21 cents per share on revenue of $11.7 million. Revenue during the company’s first year of mining ope…

A 7-year silver loan worth US$40-million has been finalized by Consolidated TVX Mining (TSE) with Sharps Pixly & Co., a member of the Kleinwort Benson Group. TVX said it has sold forward seven million…

Daren Res — min 675,000 offered @ 33 cents per sh. Trades reported by QSC…

A small British Columbia company expects to see some large profits from the mining and processing of talc from a property about 300 km north of Vancouver, near Boston Bar. Pacific Talc (VSE) recently …

Government-owned mining company Cameco says it has agreed to sell one-third of its 100% stake in the Rabbit Lake uranium mining operation to Uranerz Exploration for $160 million. Situated in northern …

N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Apr 137.50 125.40 127.40 + 11.05 May 125.00 121.50 124.85 + 12.60 Jun 120.50 120.50 120.35 SILVER (in US cents pe…

A group of geoscientists is drafting a plan which would allow geoscientists in Ontario to register as professionals. The committee, chaired by consulting geologist Bill Pearson, was formed as a result…

Initial commercial production at the Jolu mine in January, 1989, and a full year of production at the Silver City operation have increased earnings for International Mahogany (TSE). The company report…

With the Jolu mine in Saskatchewan and the Silver City heap leach operation in Utah both at the production stage, International Mahogany (TSE) has decided to concentrate its development efforts elsewh…