Articles by Northern Miner Staff

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…



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…




Cameco exercises Golden Rule option

Saskatoon-based Cameco has given notice to Golden Rule Resources (TSE) that it will exercise its option to purchase the latter company’s 30% interest in the Fork Lake and Transom Lake gold projects, n…


Shamrock exploring Idaho gold deposit

A small low-grade gold deposit in Idaho could be developed by Vancouver-based Shamrock Resources (VSE) and United States Antimony (NASDAQ) if results of a prefeasibility study under way are positive. …


Abior options claims in Casa Berardi

An option agreement has been reached between Noranda Exploration, wholly owned by Noranda (TSE), and Exploration Abior (ME) whereby Abior may earn up to a 50% interest in the Dieppe property in Quebec…


Orex has two-phase plan for Goldboro development

In the midst of an underground 99-hole drilling program, Exploration Orex (ME) is confident the results will allow it to continue its 2-phase program to bring its Goldboro gold project in Nova Scotia …


Noranda to spend $3.5 million on Abermin property

A recent option agreement between Abermin (TSE) and Noranda Exploration, a unit of Noranda (TSE), could see the senior company spend up to $3.5 million on Abermin’s Hope Bay gold claims in the Northwe…


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