Articles by Northern Miner Staff

In last week’s issue you printed a prominent paid advertisement criticising several aspects of Bill 71, the amendments to Ontario’s Mining Act. The nature of the criticism seems to ignore the close wo…

Newly listed on the Montreal Exchange is Exploration Acabit (symbol ACX), a Val d’Or, Que. -based company formed in late 1989 by the union of Exploration Vent d’Or and private firm Ressources Claverny…

Although three recently completed holes on the Springpole gold project, 70 miles east of Red Lake, Ont., failed to return any significant results for 50/50 partners Noranda (TSE) and Akiko-Lori Gold (…

Claim staking and optioning around Birch Lake, Ont., have allowed Milestone Resource (COATS) to increase significantly its ground position in the area. The company has optioned 46 claims from Falconbr…

A group of seven shareholders representing 21.7% or about 1.3 million shares of Seven Mile High Group (VSE) have obtained a court order calling for an inspection of the company’s books. The order was …

A joint venture will be formed between Tenneco Minerals and Asahi Glass Co. of Japan to acquire Tenneco’s Green River soda ash facility in Wyoming and expand annual production by 600,000 tons, or 48%….

Having recently elected a new board of directors, Acadia Mineral Ventures (TSE) is entering into an agreement in principle with Hecla Mining (NYSE) whereby Hecla will transfer all of its interest in c…

An expected shakeout in the exploration business appeared to have little effect on the level of interest in this year’s Prospectors and Developers Association of Canada Convention in Toronto. More tha…

Optimistic about the future of the iron ore market, Ungava Iron Ores, a newly formed private company, has acquired a significant iron ore deposit at Hopes Advance Bay in northern Quebec. The Ungava de…

Chromite explorer Gateford Resources saw its share price double to 65 cents on volume of more than a million shares during the week ended Mar 13. Gateford and its private affiliate Canchrome Mines are…

A $2.5-million private placement with Le Fonds de solidarite des travailleurs du Quebec and MSV Resources (ME) has been completed with Nova-Cogesco Resources (TSE), the companies report. Le Fonds acqu…

Week’s Price (US) Change Gold* $398.80 — $3.80 Silver* $5.09 — $0.05 Platinum* $502.50 — $6.05 Nickel** $4.13 + $0.17 Lead** $0.55 + $0.10 Copper- $1.18 Zinc $0.79 + $0.07 Courtesy of Scotiabank. I…