Articles by Northern Miner Staff

Teck (TSE) will soon make a bid to acquire a substantial portion of Pine Point Mines (TSE) through Nunachiaq, a private company jointly owned by Teck, Metallgesellschaft of Germany and M.I.M Holdings …

A new flurry of takeover rumors has dramatically boosted the share price of Continental Gold (VSE), a Vancouver- based junior which owns 70% of the advanced Mt. Milligan gold- copper project, north of…

The rush is on as mining majors battle small-time prospectors for control of more than 1,000 reopened claims in the Cobalt area of northern Ontario. Since 7 a.m., April 3, official opening time, stake…

Last week’s collapse in bullion prices might have created a “second chance” buying opportunity for investors to pick up gold shares at a discount. But, judging by the lacklustre trading pattern during…

The Macassa gold mine of LAC Minerals (TSE) near Kirkland Lake, Ont., smashed its previous records by posting a single-month gold output of 12,353 oz. in March. The mine had never before produced more…

The acquisition of a U.S. copper producer and investments in two of Canada’s largest mining companies contributed to higher annual earnings for Toronto-based Metall Mining (TSE). Metall, a 62.7% owned…

Few need to be reminded of how tough things were during the recession of the early 1980s. Lessons learned then are still fresh in the minds of those who work in the mining industry. What is perhaps le…

After compiling results from a recent exploration program, Northair Mines (TSE) elected not to participate in the future development of the Deception Lake property in northern Saskatchewan. The compan…

Malartic Hygrade Gold Mines (VSE) recently arranged a US$5- million gold loan facility with the Bank of Nova Scotia to finance plant construction at the Congress gold mine in Arizona. The loan bears a…

Light-to-moderate volume and mixed trading marked the week ended April 3. The mining and minerals index gained 14.6 points, while the general market portfolio index fell by 8.4 points. Daily volumes r…

Bay Resources (ASE) says it has reached an agreement with St. Genevieve Resources (TSE) under which the latter company will commit $150,000 by March 1, 1991, for exploration on a number of properties….

Mining at a rate of 3,000 tons per day is slated to begin in early July of this year at the Alto gold property held by Glamis Gold (TSE) in Calaveras Cty., Calif. The company said a settlement was rea…