Articles by Northern Miner Staff

High-grade intersections that fuelled the rapid rise in the price of Aur Resources (TSE) and Societe Miniere Louvem (TSE) shares in mid-1989 failed to materialize among the latest batch of Louvicourt …

Reducing the cost of maintaining underground mining equipment could save the mining industry billions of dollars a year, says Dr. W.R (Bob) Dengler, who heads a prominent mine contracting company. Den…

Canada’s largest stock market continues to weather the storm that is blowing across the Tokyo Stock Exchange. While Japanese investors watched in horror as the Nikkei index fell by 1,569 points — the…

Earnings of $3.6 million (43cents per share), before unusual items, on revenue of $119.5 million were reported by Giant Yellowknife Mines (TSE) for 1989. After providing $3.8 million for an unusual af…

Investments in gold and oil production appear to have paid off handsomely for Toronto-based Horsham (TSE). Horsham, which controls American Barrick Resources (TSE), says net earnings in 1989 increased…

Trading was relatively dull during the week ended Feb. 27, the Vancouver Exchange dropping 0.42 points to 724.6. Gold bullion’s steep dip may have had something to do with the market’s lethargy. The y…

ONTARIO Sindor Res — final rec iss offer 2,200,000 @ 50cents per unit to net $1,001,000. VANCOUVER Black Rock Nevada — 800,000 sold for gross $360,000. Fortress Res — opt exerc on 175,000 @ 40cents…

The open pit potential of the mothballed Surluga gold project near Wawa, Ont., is going to be investigated, thanks to a recent agreement signed by Citadel Gold Mines (TSE) and Pan Orvana Resources, a …

Kingswood Explorations continued to lead the action on the Alberta Stock Exchange trading almost two million shares during the week ended Feb. 27. It came off sharply over that period, losing 20cents …

Earnings of $49.1 million (32cents per share) for 1989 before unusual and extraordinary items were reported by Corona (TSE), compared with restated earnings, before unusual and extraordinary items, of…

An agreement has been reached between Total Energold (TSE) and Plexus Resources (TSE), whereby Total will subscribe for a private placement of six million common shares of Plexus at $3 per share. The …

A $175,000 drilling program is under way on Beaufield Resources’ (TSE) Lac Rouleau gold property held jointly with 52.5% partner Falconbridge Ltd. in northern Quebec. The property is about 70 miles no…