Articles by Northern Miner Staff

Listless trading was the order of the week as investors appeared to be digesting the contents of the recent federal budget. Baloil Lassiter lost ground, as did the other five volume leaders. Lassiter …

The push is on to raise the $40 million needed to bring the Eastmain gold project in northern Quebec into production, MSV Resources (ME) reports. President Mario Caron says the directors of MSV have a…

Reserves at the Jerome property north of Sudbury, Ont., have been increased to 600,000 tons averaging 0.2 oz gold per ton. The joint venture partners exploring the old Jerome Gold mine property report…

Flanagan McAdam Resources (TSE) has entered into a private placement agreement with Echo Bay Mines (TSE) whereby Echo Bay will purchase 1.6 million Flanagan shares at a price of $2.50 per share. The $…

Although Wharf Res. (TSE) almost doubled its net income in 1988, the company had to make substantial payments to some of its former officers. Wharf, which came under the control of Dickenson Mines (TS…

Market activity in Vancouver slumped in the past week in response to declining gold prices and the continued use of high interest rates to keep the lid on inflation. The market remained stagnant at pr…

The takeover of Dickenson Mines (TSE) by Goldcorp Investments Ltd. of Toronto seems to have barely interrupted the operations of the gold producer. “It’s business as usual,” President John Kachmar tol…

Toronto-based Geddes Resources (TSE) plans to spend $10.8 million this year on its Windy Craggy copper-cobalt-gold prospect in northwestern British Columbia. The aptly named Windy Craggy property is l…

Arizona-based Callahan Mining (NYSE) has concluded an agreement to explore several properties in the Boston Creek area near Kirkland Lake, Ont. Shenandoah Resources (VSE) and Miller Independence Minin…

The Renabie gold mine, in north-central Ontario, was dogged by financial troubles practically from its inception in the late 1940s. The federal government’s Emergency Gold Mining Act saw it through pe…

New Brunswick’s fourth base metal producer could go into production this fall if negotiations involving Marshall Minerals (ASE) and East West Caribou Mining are successful. Toronto-based Marshall has …

ONTARIO Chieftain Int’l — final rec iss offer 8,250,000 @ $13.50(US) to net $107,476,875(US). VANCOUVER Bunker Hill Mng — opt exerc on 700,000 @ $3 per sh. Jacqueline Gold Corp — opt exerc on 100,0…