Articles by Northern Miner Staff

In the latter part of 1989, some uncertainty arose about the status of Revenue Canada’s treatment of farm-ins, evidently because a district taxation office in Western Canada veered somewhat from its t…

Aur Resources (TSE) has agreed to lend its considerable geological expertise and some financial help to Belmoral Mines (TSE) in return for the option to purchase a 47% stake in the company. The propos…

LAC Minerals (TSE) will close its exploration office in Kirkland Lake, Ont., on April 15, affecting 12 employees. At least four of them will be offered relocation within the company. LAC’s operations …

Queenston Mining (TSE) is anticipates rising royalty revenues from its Kirkland Lake properties adjoining the Macassa mine on the west where LAC Minerals (TSE) is stepping up deep exploration and deve…

Metals Week’s annual ferroalloys conference will be held in Tucson, Ariz., Oct. 25-26. Speakers will review the new harsh realities of the metals market. Contact Maryann Whalen, Metals Week, 42/F, 122…

A combination of higher unit costs, employee bonuses and lower than expected copper production added up to a drop in fourth-quarter profits for Hudson Bay Mining & Smelting (TSE) and quarterly loss fo…

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…