Climate a real challenge
Life at a northern project definitely isn’t for those who prefer the bright lights of a big city or being cocooned in an air-conditioned office. As The Northern Miner discovered during a recent visit …
Articles by Northern Miner Staff
Casa Berardi property focus of a legal dispute
News of a gold find in Douay Twp. in the Casa Berardi area of northern Quebec has created a stir in the mining industry and indirectly sparked a legal dispute. Inco (TSE), Societe d’Exploration Minier…
Scramble Mining ends deal with Madeleine on Kenora gold bet
Scramble Mining, a wholly owned subsidiary of Boise Cascade, has terminated its joint venture agreement with Madeleine Mines (TSE) on the Scramble gold project, six miles from Kenora, Ont. The company…
Westmin slaps lien on partners at Premier Gold
The new Premier Gold mine near Stewart, B.C., is producing more problems than gold for operator Westmin Resources (TSE) and joint venture partners, Pioneer Metals (TSE) and Canacord Resources (TSE). A…
Higher Asarco copper sales
Higher sales attributed to strong copper and zinc prices last year boosted the annual earnings of Asarco (NYSE) in 1989 to US$231.16 million or $5.50 per share, compared with $207.24 million, or $4.92…
U.S. Report Boom in Nevada spreads to neighboring states
Mineral deposits have no respect for state boundaries. That explains why Nevada’s mining boom has spilled over into almost every western state. Precious metals are still the big attraction in neighbor…
COATS (over-the-counter) Hucamp up 30cents
Shares of Hucamp Mines posted a gain of 30cents to close at 40cents for the week ended Feb. 20, after being dormant at the 10-15cents range in recent months. The company holds ground adjacent to Noran…
Adrian agreement is terminated
A new development is threatening Adrian Resources’ (VSE) tenuous hold of key ground in the Eskay Creek area north of Stewart, B.C. The company was recently advised that its agreement to earn a 50% int…
Access to lands vital to industry’s future
This is the first of a regular monthly column from the British Columbia and Yukon Chamber of Mines The 1990s present a number of challenges for the mineral exploration industry in British Columbia and…
Echo Bay earnings hurt by Muscocho write-down
Reduced annual earnings were reported recently by Echo Bay Mines (TSE) reflecting the impact of lower gold prices and a US$20- million writedown on the company’s investment in Muscocho Explorations (T…
Golden Shield creditors approve GSR proposal
Creditors of bankrupt Golden Shield Resources have approved unanimously a proposal submitted to the bankruptcy trustee whereby the assets of Golden Shield will be purchased by GSR Mining Corp. The pri…
Bodega’s Hyder plans funded by placement
Washington-based company Bodega Ventures (ASE) said it recently completed a private placement subscription with Central Capital for one million Bodega shares at 25cents per share. Central Capital also…