Articles by Northern Miner Staff


Granges reduces loss in 1989

A net loss of $8.1 million or 28 cents per share was reported by Granges (TSE) for 1989, compared with a 1988 net loss of $13.5 million or 61 cents per share. The company said the improvement reflects…


New drill program started at Douay by Inco, partners

A new 2-phase drilling program is under way on the Douay gold property in Quebec’s Casa Berardi area by project partners Inco, Societe d’Exploration Miniere Vior (ME) and Cambior (TSE). The trio recen…


Rayrock earnings cut in half

Rayrock Yellowknife Resources (TSE) reported net earnings of $3.2 million (32 cents per share) for 1989, compared with $6.6 million (68 cents per share) in 1988. Operating funds increased to $9.3 mill…



Abcourt, Val d’Or in property deal

An option to purchase, for $1.5 million, the 50% interest of Mines Abcourt (ME) in the Bardome (Vendome) zinc property in Quebec’s Fiedmont and Barraute twps. has been granted Ressources Val d’Or (ME)…



NO HEADLINE (March 19, 1990)

TEXT: New realities in Latin America, including the recent election of civilian governments in Chile and Brazil, could help create new opportunities for Canadian mining companies. “Latin America is a…


Labor dispute hurts Rio Algom’s earnings

The loss of ore production during a labor dispute at the Highland Valley copper mining operation in British Columbia last year resulted in reduced annual earnings for Rio Algom (TSE). For the year end…


Trying to control the price of metals

I read recently the Soviet government had raised the ruble price of all gold jewelry by 50% in order to discourage speculation against the ruble. Apparently the more prosperous, hard-working Soviet ci…




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