Articles by Northern Miner Staff

Cominco Resources’ (TSE) wholly-owned subsidiary, Cominco American Resources, has approved funding to rehabilitate the smelter at the Glenbrook nickel facility in Riddle, Ore. Glenbrook Nickel, a 100%…

Glen Auden Resources (TSE) has signed a letter of intent giving Placer Dome (TSE) the right to earn a 51% interest in Glen Auden’s Verse Lake property near Timmins, Ont. Placer can earn its interest b…

Quebec-based gold producer Cambior Inc. (TSE) turned out 191,207 oz in 1988 and is expecting a similar output this year. New projects coming on stream will increase production to 260,000 oz in 1991, t…

Metal prices are on the decline but the fall is expected to be relatively gentle, says an economist with Scotiabank. “The correction in metal prices over the next 18 months will be considerably less t…

Bachelor Lake Gold Mines (TSE) reported a net loss of $975,242 or 11.9 cents per share for the period ended March 31. In the same period last year a net loss of $427,831 or 5.5 cents per share was re…

The Rambler Joint Venture will reach a critical stage next month when Teck Corp. (TSE) meets with its two junior partners to consider future participation in that Newfoundland project. The joint ventu…

Toronto-based Metall Mining (TSE) recently completed the acquisition for $83 million of Michigan copper producer Copper Range Co. The purchase by merger deal establishes Metall as a fully fledged oper…

A $2-million bank facility has been arranged by Rouyn Mining Resources (TSE) to help pay for the company’s share of costs at the Francoeur gold mine near Rouyn- Noranda, Que. Rouyn Mining, with a 50% …

N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Jun113.50 113.40 113.60 — Jul116.40 114.00 114.50 + 3.90 Sep114.30 112.40 112.80 …

The proposed merger between Granges Exploration (TSE) and Goldbelt Mines (VSE) has been scuttled by dissenting shareholders. More than two million shares were received by Granges in proxy form opposin…

Even in the worst of situations, it’s wise to look on the bright side. To concentrate too much on life’s little setbacks is not good for one’s health. In that light, we take our hat off to James Cap…

Toronto-based Twin Gold Mines (ASE) is set to begin further exploratory drilling on its Lingman Lake property in northwestern Ontario. This spring the company extended its claims in the area after a g…