PDAC
Members of the New Brunswick Prospectors and Developers Association (NBPDA) will raffle a dore bar at the 58th annual convention of the Prospectors and Developers Association of Canada (PDAC) in Toron…
Articles by Northern Miner Staff
Lithium Corp. in option deal
The right to earn an interest in a group of mineral properties in the Oxford Lake area of Manitoba has been acquired by The Lithium Corp. of Canada (COATS). Lithium may earn a 50% interest from Norand…
Gold funds as of Jan 23
MVP BGR Central Capital Net value $12.61 $6.33 $0.45 Price $11.50 $6.50 $0.42 Discount 8.80% 2.7% 7% Value $75,106,282.70 $106,636,558 N/A…
Editorial Ready for freedom?
Many politicians of our time are in the habit of laying it down as a self-evident proposition that no people ought to be free till they are fit to use their freedom. The maxim is worthy of the fool in…
Umex sells claims for $500,000
Vancouver-based Major General Resources (VSE) is poised to pick up a large portfolio of exploration properties from Umex, a subsidiary of Belgium-based Union Miniere SA. The two companies recently sig…
Bonanza pleased with Poirier drill results
Exploration drilling by Bonanza Metals (ASE) on the Poirier base metal property near Joutel, Que., continues to yield encouraging results, the company reports. Bonanza’s joint venture partner in the p…
Nickel price plunges
Nickel prices have been on a downward slide since the summer and are likely to continue doing so in the short term, says an analyst with Andras Research Capital. Victor Lazarovici said nickel, whose s…
Noranda program boosts reserves at New World
Exploration success during the 1989 field season has resulted in a substantial increase in geologic reserves for the New World gold-silver-copper project owned by Crown Butte Resources (VSE). Prepared…
Insider Trading Thunderwood insiders sell shares as outlook
As the price of gold has risen and then stayed above the US$400 per oz. level, so too have the share prices of a few select gold explorers with known gold deposits and cash in the bank. Shares of Toro…
Asamera still for sale
Although the sale of Asamera Minerals (TSE) recently fell through, the company says it has received indications of interest from various parties regarding the purchase of the company. Corona (TSE) had…
Record earnings for Cyprus
Earnings of US$250.1 million, or US$6.06 per share, were reported by Cyprus Minerals (NYSE) for the year ended Dec. 31. The record earnings compare with 1988 earnings of $170 million, or $4.21 per sha…
Metina releases first holes from Belleterre nickel bet
Toronto-based Metina Developments (VSE) and affiliate Manridge Explorations (TSE) are encouraged by recent drill results at the Gouboury Twp. copper-nickel project in the Belleterre region, 100 miles …