Articles by Northern Miner Staff

Interest earned from Northgate Exploration’s (TSE) cash balances brought $5.2 million into the company’s treasury during the three months ended June 30. Unaudited consolidated net income of $2,014,000…

Murdock Charles Mosher, one of Canada’s best known prospectors, died Sept 6 at Centenary Hospital in Scarborough, Ont. He was 85. Born in Wine Harbour, N.S., “Murdie” was one of three brothers who sco…

Net income of $3.8 million (10 cents per share) on revenues of $15.5 million was reported by Belmoral Mines (TSE) for the first six months of 1988, compared with net income of $349,000 (1 cents per sh…

If North American investors are convinced that stock prices are on their way up, there were few signs of optimistism on the lacklustre Alberta exchange. Volumes were generally low and only a handful o…

News that a new gold mine in Quebec’s Casa Berardi region is being opened by Inco Gold and Golden Knight Resources is exciting enough, but now the two companies report a couple of significant intersec…

Second-quarter financial results for Pioneer Metals (TSE) remained much the same as comparable 1987 figures. Net income for the period was $870,000 compared with $770,000 for the period ended June 30,…

An exploration campaign has been started up by Robex Resources (ME) and Aylmer Mines on the Lac Arthur property located in Dalquier Twp. in northwestern Quebec. The companies may earn up to a combined…

An option to earn a 30% interest in the Courville gold property near Val d’Or, Que., has been obtained by Finor Exploration (ME) from Parquet Resources (TSE). The agreement, subject to regulatory appr…

With a first quarter cash position of $9.5 million, Euro-Nevada Mining (TSE) considers itself financially equipped to pursue its royalty acquisition strategy. The Toronto-based affiliate of Franco-Nev…

Pacvest (VSE) is participating in a private placement made by International Interlake Industries (VSE). Pacvest will purchase 150,000 units of International Interlake at $1.25 per unit. Each unit cons…

Broulan Resources (TSE) and partners Belmoral Mines (TSE) and Wrightbar Mines (ME) say they may elect to take a shorter route toward exploration at the old Broulan mine property near Timmins, Ont. In …

Radisson Mining Resources (ME) says it will take a large bulk sample from a former gold producer called the Duquesne property as the next step in a major underground program. Results from a 23,000-ft …