Articles by Northern Miner Staff

N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Feb 98.50 98.50 98.50 — 12.30 Mar 93.50 90.90 …

An active drilling program on Better Resources’ Mt. Washington project on Vancouver Island, B.C., has indicated a healthy reserve potential for the property. Drill-indicated reserves, based on a 0.03-…

Last year proved to be a good one for Lac Minerals of Toronto, with the company’s earnings almost tripling compared with 1986. A 9% increase in production, a higher gold price and higher interest inco…

A 15,000-ft diamond drilling program has begun on the 234-claim property held by Lake Ponask Gold Corp. Located in northwestern Ontario, the property is being explored for precious and base metals. Dr…

Significant gold mineralization in two of three drill holes completed in December at the Obalski mine property at Chibougamau, Que., has been reported by Syngold Exploration of Toronto. Hole 87-2, dri…

The aftermath of the ongoing court battle by Lac Minerals and International Corona Resources over the Williams mine at Hemlo will be the subject of a meeting Feb 10 of the natural resources and energy…

The final equipment from the shutdown Thierry copper mine near Pickle Lake, Ont., is being sold by owner Umex Inc. Since shutting down in 1982 as a result of weak copper prices, the Thierry mine was k…

Three holes have been completed in the diamond drilling program by Noranda Exploration and International Impala on their Bradley Option property on Newfoundland’s Baie Verte Peninsula. The drilling co…

** over ** With a number of company operations currently being expanded and several mines under development, Australia’s Western Mining Corp. believes that “additional diversification outside of Aust…

Montreal-based Aumisko Exploration, incorporated early in 1987, was recently listed on the Montreal Exchange. Aumisko currently has interests in four properties, all in northwestern Quebec: one near t…

Employees at Crown-owned Eldorado Nuclear Ltd. and the Saskatchewan Mining Development Corp. are waiting anxiously for results of merger talks involving the corporations’ owners. According to recent s…

A program of ground geophysical surveys and drilling is under way at the Oxford Lake gold project located about 300 miles north of Winnipeg, Man., Noranda Explora tion and Pacific Trans-Ocean Re sourc…