Articles by Northern Miner Staff

The Canadian subsidiary of giant metals company Degussa of Germany has been accorded “good delivery status” on the London market for its gold bars. Degussa Canada has announced its name has been added…

A group of New Quebec Raglan Mines (TSE) shareholders who opposed a recent bid by Falconbridge Ltd. (TSE) for the 26% stake in Raglan it didn’t already hold, may receive more for their shares than the…

Shareholding positions in two juniors were recently reported by Corona Corp. (TSE). The gold producer announced it will purchase a further 177,830 shares in Newhawk Gold Mines (TSE) through a private …

Major discoveries like the copper-zinc strike announced recently by Aur Resources (TSE) and Societe Miniere Louvem (TSE) in Val d’Or, Que., tend to have a ripple effect which brings neighboring claim …

Encouraging results have been reported by Brex Exploration (ME) from the Shoal Lake property 24 miles southwest of Kenora, Ont. Three holes were drilled. Hole 89-2 cut 9.7 ft of 0.24 oz gold per ton a…

Mining analysts and industry executives are calling it the most significant base metals strike since the Kidd Creek orebody was discovered near Timmins, Ont., by Texas Gulf back in 1964. The copper-zi…

A joint venture agreement with the Canadian exploration subsidiary of Texas-based Battle Mountain Gold Mines (TSE) was the main topic for discussion at HSK Minerals’ recent annual meeting in Toronto. …

Trading was quiet on COATS this week with share prices generally unchanged to fractionally lower. Last month’s average daily value traded on the over-the-counter market reached a 12-month low of less …

N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Jun116.65 115.55 115.70 + 6.85 Jul118.60 115.20 116.00 + 6.60 Sep115.50 112.8…

Bema Gold — G. Nordin sold 57,000 (May) @ $1.01-$1.05 to hold 545,516. Citadel Gold — Sherfam Ind. bought 833,176 (Apr, May) @ $1.15-$1.50 to hold 4,680,096. Cominco — Teck bought 244,879 (May, pri…

A large, highly anomalous gold area has been outlined by Homestake Exploration on the Akaiwong property held under joint venture with South American Goldfields (TSE). The Akaiwong property covers seve…

Ontario Premier David Peterson, left, assisted by Placer Dome vice-president Henry Brehaut, hammers his initials into a $500,000 gold bar to mark the mark the official opening of the Dona Lake gold mi…