Articles by Northern Miner Staff

With gold prices moving in the right direction and companies announcing drilling budgets for the coming season, trading activity on the Vancouver Stock Exchange is beginning to show signs of life. At …

Jascan Resources (TSE) has optioned its Dawson property in Colorado to Uranerz, a West German mining company. Under the terms of their option agreement, Uranerz can earn a 75% interest in Jascan’s Daw…

The Ontario Securities Commission has recently proposed a series of far-reaching amendments to the Securities Act that would broaden its investigation and enforcement powers to include mining engineer…

American Barrick Resources (TSE) expects to produce 565,000 oz. of gold in 1990 at an average cost of US$220-222 per oz., says President and Chief Operating Officer Robert Smith. While Barrick was for…

After an assessment of the 1989 drilling program has been completed, Placer Dome (TSE) plans to drill the McConnell Creek gold property owned by Gerle Gold (VSE). Placer is earning a 60% interest in t…

Romulus Res — gross proceeds rec $555,500. Bonaventure Res — gross proceeds rec $230,000. St. Jude Res — 500,000 offered @ 50 cents per sh. Silver Butte — 700,000 offered @ 65 cents per unit. Alta…

Following the completion of a $1.2-million financing, Chutine Resources (VSE) has gone through a major board change. New directors include Peter Holmes, as chairman and chief executive officer, C.H. F…

Vancouver-based Breakwater Resources (TSE) has optioned Greater Lenora Resources’ (TSE) Orvilliers and Puisseaux twps. property in Casa Berardi, Que. Low-grade gold values over narrow widths have alre…

The application by U.S. Gold (NASDAQ) for a limited rehearing of the appeal of Justice Hinds’ decision has been dismissed by the British Columbia Court of Appeal. Hinds’ decision had turned control of…

A partner in the operating Magnacon gold mine near Wawa, Ont., says it has the right of first refusal to purchase an increased interest in the project. Windarra Minerals (TSE), with an original 25% in…

The acquisition of one million escrow shares of Gold Torch Resources (VSE) by Prime Resources (VSE) will not be completed. As a result, the company notes that Prime nominees will no longer be on the b…

The improved fortunes in gold prices since late 1989 combined with the rapidly improving political situation in South Africa — the world’s largest gold producer — is boding well for that country’s g…