Articles by Northern Miner Staff

The Mercur mine, near this small western community, is as rich in history as in gold. Although local residents are likely aware of the mine’s colorful past, few realize that Mercur is still making his…

A payment proposal offered to creditors of the cash-strapped Coxheath Gold Holdings (TSE) may allow the company to recommence production at its Tangier gold mine in Nova Scotia. The terms of the propo…

FREE MARKET London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Mar. 13 Mar. 12 Mar. 9 Mar. 8 Mar. 7 Copper 1618-1620 1612-1614 1640-164…

Gold and silver production at the Samatosum mine, 28 miles northeast of Kamloops, B.C., more than doubled in the January-February period, compared with the average monthly production rate since the mi…

Recent drilling on the Mexican Hat property by a unit of Placer Dome (TSE) encourages owner Oneida Resources (VSE) to predict reserves on the Arizona gold property will increase. Placer Dome is fundin…

The three partners in the Douay gold project in Quebec’s Casa Berardi region have started up a second drilling program representing 10,800 ft. Inco, Societe d’Exploration Miniere Vior and Cambior are …

A loss of $54.8 million ($4.62 per share) was reported by Pamour (TSE) for 1989, compared with a loss of $6.4 million (54 cents per share) for the previous year. The loss includes the company’s share …

Encouraging results were reported from one drill hole on the Fontana project near Val D’Or, Que., including a 45-ft. intersection grading 0.48 oz. per ton. Recently, another hole was completed with si…

Contrary to what was reported (T.N.M., March 12/90), the stripping ratio of the main Mt. Milligan deposit near Prince George, B.C., is estimated at 1.2-to-1. The deposit is 70% owned by Continental Go…

MVP BGR Central Capital Net value $12.03% %$6.19% $0.42 Price $10.875% %$6.50% $0.33 Discount 9.60% 5.0%5 21% Value $71,612,014 $104,191,720 N/A…

Through the sale of its 40% interest in the Hayden Hill project, U.S. Gold (NASDAQ) has lessened a liquidity crunch which had threatened to push the company into bankruptcy protection. U.S. Gold sold …

ANTIMONY: New York dealer US84-86 cents per lb. (Feb. 15, 1990). BISMUTH: New York dealer US$4.30-4.40 per lb. (Feb. 8, 1990). CADMIUM: New York dealer US$4.60-4.80 per lb. (Feb. 22, 1990). COBALT: U….