Articles by Northern Miner Staff

Belmoral changes terms of Ketza River purchase

Purchase of the Ketza River gold mine in the Yukon Territory by Belmoral Mines (TSE) will go ahead but on different terms from those previously announced. Belmoral Mines Chairman Kenneth Dalton said t…



Editorial Strengths can easily be overlooked

Adversity, they say, builds character. In the case of the mining industry, decades, even centuries, of struggling against the odds to make mines and make them pay has created an industry that enjoys a…



Correction (February 06, 1989)

Capital costs at the Namew Lake mine in northern Manitoba, totalling $70 million, were shared 40% by Outokompu Mines and 60% by Hudson Bay Mining & Smelting, not 100% by Outokompu as was stated in (N….


Judge dismisses Scintilore suit

A lawsuit by Scintilore Explorations (TSE) seeking ownership of the David Bell gold mine at Hemlo in northern Ontario has been dismissed. Supreme Court of Ontario Justice Robert Montgomery ruled Scint…


VANCOUVER

Quattro Res — min 600,000 offered @ 35 cents per sh. Abstract Enter — gross proceeds rec $150,000. Golden Kristy Res — 500,000 sold for gross $200,000. Megastar Ventures — min 350,000 offered @ 35…


Pegasus/USMX plan merger

A merger is planned between Pegasus Gold Inc. (TSE) and an affiliated company, Denver-based USMX Inc. (NASDAQ). Under the proposed merger arrangement, Pegasus will acquire the remaining 65% of USMX it…



Midas begins drilling

A drill program has been started on the Davidson Tisdale gold property near Timmins, Ont., by Midas Minerals (TSE). The 2,500-m program will test for mineralization between the 200-m and 400-m levels …


Midland plans to raise $3.5 million

Midland Energy Corp. (VSE) plans to raise $3.5 million within the next few months through a rights offering that could see its parent company’s ownership increase to more than 70% from the current 56%…


Golden Myra gets nickel play

Golden Myra Resources (TSE) has acquired a nickel prospect in the Lac Bellemare area north of Chicoutimi, Que. The 20-claim property is near the nickel discovery made on a property controlled by Terre…


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