Articles by Northern Miner Staff

Across the bay from this small coastal town which relies on asbestos for much its economic base, mining companies are hoping to come up with a gold mine or two in the years ahead. Most of the area aro…

RISE RESOURCES — Victor G. Coulthard appointed president succeeding Richard W. Hughes who has resigned. Mr. Coulthard will fill a casual vacancy on the board of directors succeeding William Vance who…

Options Open Series Volume Last Interest Aug 370 C 273 9.00 345 Aug 380 C 639 5.00 900 Aug 390 C …

To satisfy new capital spending requirements LynnGold Resources (TSE) will be looking to raise more than $4 million via an equity issue, shareholders learned at the company’s annual meeting. Peter Goo…

Ansco Resources (B.C.) has changed its name to Sunstate Resources Ltd. (SUT:VSE) on a 1- new-for-3-old share basis. Transfer agent is Pacific Corporate Services Ltd.

Montreal businessman Jacques Forget says he will ask minority shareholders of Dumagami Mines (TSE) to vote against a merger plan tabled recently by Agnico-Eagle Mines (TSE). Forget, who holds a 16% st…

The gold price and gold index appear to be diverging. Bullion on the second London fix dipped to $361.80 today whereas the gold and silver index continued to display resilience in light of bullion’s h…

Up until several years ago, the height of ambition for a junior company with a promising property was to strike a joint venture deal with a major mining concern, hopefully with one benign enough to le…

A week of mixed trading didn’t seem to hurt the resource stocks, with the mining and minerals index climbing more than 20 pts. The general market portfolio index, by comparison, managed a 2.9-pt gain….

An exploration crew has been mobilized by Bitech Corp. (ASE) to begin a $350,000 work program on the old Betts Cove mine property in Newfoundland. The Betts Cove property hosts one of the province’s o…

The main challenge facing Giant Yellowknife Mines (TSE) is reducing operating costs and increasing the profit on each ounce of gold produced, President Adrian Fleming said at the annual meeting. Giant…

Hydra Explorations (TSE) is expecting royalty payments of about $1 million per year from its interest in the Colomac gold mine in the Northwest Territories. Owned by Neptune Resources (TSE), the Colom…