Articles by Northern Miner Staff

Campbell Resources (TSE) reports a consolidated loss for 1988 of $60.9 million or $1.13 per share before extraordinary items on revenue of $4.7 million compared to a loss of $46,000 before extraordina…

High grade grab samples have been assayed by New Beginnings Resources (VSE) from the company’s University River gold property in the Mishibishu Lake area west of Wawa, Ont. Sampling along the Mystery …

A consortium of Canadian universities has proposed a multi- million-dollar project that aims to put Canada back in the forefront of international mineral exploration. Supporters believe the project, c…

NLX Resources (TSE) has not acquired control of Sandy K Mines, a private company as reported earlier (N.M., Mar 6/89). NLX holds a 24% in a silver property near Gowganda, Ont., which is controlled by …

A sharp increase in gold and silver reserves has been reported by Nerco Inc. (NYSE) and its subsidiary, Nerco Minerals. Proven and probable gold reserves climbed to 2.25 million oz by the end of 1988,…

Ontario mines will face some heavy expenditures this year when senior levels of government require them to begin a more intensive program of monitoring waste water discharged into lakes, rivers and st…

An independent geological consultant has been retained by Spirit Lake Explorations (ME) to supervise all exploration activity at the company’s Jacobson Tw , gold property in northern Ontario. In addit…

In a bid to acquire a minimum 50.1% stake in Gold Texas Resources (VSE), Quebec gold producer Malartic Hygrade Gold Mines (VSE) has raised its cash offer from $5.75 to $6 per share. Malartic currently…

It’s not good enough for a mining company just to mine anymore. Today in order to prosper a mining company must also be adept at computer processing, be intimately familiar with the world of high fina…

Lone Jack Resources has changed its name to Performance Minerals of Canada on a share-forf-share basis.

A second bidder has come forward with proposed takeover offers worth a combined $107 million for associated companies Dickenson Mines (TSE) and Kam-Kotia Mines (TSE). Toronto-based gold fund Goldcorp …

Vancouver-based Pelham Gold (ASE) has signed an option to earn a 51% interest in the Monk Gold (ASE) property near Wawa, Ont. According to Pelham, the decision was taken after it completed a review of…