Articles by Northern Miner Staff

Record gold and silver production is reported by Avino Mines & Resources (VSE) for the Avino mine near Durango in central Mexico. Silver production reached 873,000 oz. in 1989, a 56% increase over the…

A lawsuit has been initiated by Asarco (NYSE) challenging the sale by Freeport-McMoRan Gold (NYSE) of its 50% interest in the Santa Cruz copper project in Arizona to Minorco. The suit, filed in New Yo…

Red ink continued to flow for Callahan Mining (NYSE) which reported a loss of US$13.3 million for the year ended Dec. 31. The loss includes a writedown of US$8.5 million relating to the Ropes gold min…

Exploration Orex (ME) is weeks away from completing a bankable feasibility study on the Goldboro property in Nova Scotia. The company is seeking about $50 million from a major bank to construct a test…

Through a cash payment of US$5 million, Battle Mountain Gold (NYSE) has obtained an option to acquire a 51% interest in the Crown Jewel property owned by Crown Resources (VSE) in Washington State. Bat…

The declining price of gold seemed to have little or no effect on resource issues during the week ended March 20. Moving the other way, the exchange’s mining and minerals index jumped almost 56 points…

Week’s Price (US) Change Gold* $389.90 — $8.90 Silver* $5.05 — $0.04 Platinum* $486.75 — $15.75 Nickel** $4.66 + $0.53 Lead** $0.49 — $0.06 Copper- $1.20 + 0.02 Zinc $0.80 + $0.01 Courtesy of Scot…

A drilling program launched earlier this year on the Ming’s Bight property in Newfoundland is confirming strike and downdip extensions of two separate gold zones. Varna Gold (ASE) says Corona (TSE) ha…

Gold producer Dickenson Mines (TSE) increased output and tonnage and lowered its production costs last year at its Red Lake operation in northwestern Ontario. This year, the company would also like to…

The future of ABM Gold (AMEX) may depend on a Northwest Territories gold project scheduled to produce annually 200,000 oz., starting in September. But for the moment, the financial fortunes of the 50%…

The largely untapped mineral resources of Turkey are providing Cominco Resources International (TSE) with an important new exploration focus. Cominco, active in the country since the doors were opened…

Canada had better take a close look at its competitive position, and soon, or it is going to find its mineral industry withering away, the victim of neglect. The lure of foreign lands is proving too a…