Articles by Northern Miner Staff

While the Nickel Plate gold mine in British Columbia continues to cause problems, the on-going message of Corona Corp. (TSE) for the entire company is one of good growth potential in low-cost precious…

Placer Dome has obtained approval from the government of Papua New Guinea to begin construction at its Porgera gold project, a $900-million investment. Placer Dome is operator holding a 30% interest w…

For the first quarter ended March 31, Malartic Hygrade Gold Mines (VSE) earned $211,353 or 6 cents per share. This compares with earnings of 4 cents per share during the same period last year. Malart…

The reactivation of the Bunker Hill mine has breathed new life into this depressed community which went into a tailspin after the mine shut down in 1981. Even so, the fragile nature of the area’s econ…

A stronger Canadian dollar was partly to blame for reduced earnings during the first quarter of this year, Hemlo Gold Mines (TSE) reports. The company, controlled by Noranda Inc. (TSE), says it receiv…

N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) May120.00 117.00 117.10 — 8.50 Jun118.00 118.00 116.90 — 6.80 Jul117.50 114.50 11…

BGR Goldcorp Central MVP Capital Net value $11.59 7.22 6.28 0.66 Price $ 9.25 4.350 5.62 N/A Discount $20.19 39.7 10.4 N/A Va…

Low gold prices and a lower grade of ore at the Dumont mine near Val d’Or, Que., were part of the reason Belmoral Mines (TSE) recorded a $4 million net loss for the first quarter of this year, the com…

Franco-Nevada Mining (TSE) recorded year-end (for the fiscal year ending March 31) net earnings of $1.5 million (13 cents per share), compared with $129,600 (1 cents per share) for the previous fisc…

Gains were small on the Alberta Exchange during a week that featured mild trading and little investor interest. Volume leader was Baloil Lassiter with 676,000 shares changing hands although the issue …

Just hours after its annual shareholders meeting was concluded, Total Energold Corp. (TSE) announced the resignation of Jean-Pierre Januard as president and chief executive officer. At the meeting, Ja…

A Canadian subsidiary of De Beers Mining, the South African diamond producer, has apparently moved some processing equipment into the Prince Albert area which could be used to recover diamonds from ki…