Articles by Northern Miner Staff

Improved copper and zinc prices spurred Hudson Bay Mining and Smelting (TSE) to a profitable first quarter. The company reported first quarter net earnings of $8.8 million on revenues of $94.3 million…

Diamond drilling will resume in June on the Michaud Twp. property of Moneta Porcupine Mines (TSE) in the Harker-Holloway area east of Timmins, says Vice-president Francis Yungwirth. A diamond drilling…

The current contract of hourly-paid workers at two Inco Ltd. (TSE) installations in Ontario expires May 31 and the possibility exists that a strike could send already high nickel prices through the ro…

An agreement has been reached between Orleans Resources (ME) of Val d’Or, Que., and Hathor Resources, a non-trading public company, whereby Orleans may acquire a 50% interest in the latter’s Nova Scot…

Trading on the markets was characterized by another week of sluggishness as both volumes and prices remained weak. On Toronto, the composite index gave up 3.86 pts to close at 3,179.62 pts. Volume was…

Week’s High Low Close Change COPPER (in US cents per lb.) May 100.00 97.80 98.00 — 5.00 Jul 91.95 89.50 89.75 + 6.15 Sep 88.50 85.80 86.15 — 4.55 SILVER …

Women in Mining, a national U.S. organization dedicated to educating its members and the public about the importance of mineral and energy resources, elected a new slate of officers at a recent meetin…

Two wide zones, with mineralization averaging 0.129 oz gold per ton, have been intersected in the same hole put down on the Launay- Privat property 30 miles northeast of Rouyn-Noranda, Que. The two in…

Louvicourt Gold Mines says drifting to access a newly-discovered gold zone is set to begin on its Louvicourt property near Val d’Or, Que. The workings of the former producer have been dewatered to the…

An agreement has been finalized between Mazarin Inc. (TSE) and Cogema Canada whereby the latter may earn a 50% interest in the Mazarin property located north of Amos in northwestern Quebec. To earn it…

The Royex group of companies has arranged private placements of flow-through shares worth up to a total of $17.25 million for five associated companies which are all listed on the TSE: Royex Gold Mini…

The federal government is still undecided on whether to begin discussions to renew the popular Mineral Development Agreements (MDAs) with eight mineral-producing provinces. The agreements were the mai…