Articles by Northern Miner Staff

For Quebec’s mining industry, the free trade agreement with the United States is a way to deflect rising U.S. protectionism. Indeed, free trade already exists in the mining industry: tariffs are low o…

Drilling rigs are currently in operation on three properties (Desboues, Soissons and Rochebeaucourt), with the budget for the 1987 exploration program more than one-third committed, Ojibway Resources …

Minefinders Corp. has completed an $800,000 financing which will fund exploration on three properties near Val d’Or, Que. Of the amount raised, $440,000 was on a flow-through basis.

Alberta-listed Troymin Resources has received $425,000 to finance its 1987/88 Canadian exploration program, the company said recently. According to Troymin, a $250,000 placement with MTC Oil and Gas F…

An agreement has been worked out between Val d’Or Resources of Val d’Or, Que., and Sofimines 1987 and Co., Ltd Partnership whereby Val d’Or will issue flow-through shares at $1.20 per share worth a mi…

While not setting any records, trading activity on the Montreal Exchange seems to be recovering to pre-year-end levels, with similar mixed results. Daily volumes during the holiday period sunk to as l…

Ontario’s mining industry is currently involved in eight backfill test projects directed at finding safe and cost-effective alternatives to widely used methods of backfill. The testing is being done u…

Changes have been made to a joint venture agreement between Mountain West Resources and Homestake Mining on the Elkhorn gold property located 22 miles south of Helena, Mont. Under the original January…

London Metal Exchange Spot closing prices in Pound Sterling per tonne Date Jan. 5 Jan. 4 Jan. 1 Dec. 31 Dec. 30 Copper 1576-1580 1655-1660 N/A 1695-1705 1696-1700 Lead …

The current price of copper, in the $1.40(US) per lb range, is the highest it has been since early in 1980, while nickel, which in December breached the $3-per-lb level, is now riding in the $4.10-$4….

An exploration finance agreement has been signed between Stabell Resources and Sofimines 1987 and Co., Ltd. Partnership whereby Stabell will issue 1.5 million shares at 50 cents per share to Sofimine…

An amalgamation between Golden Cresent Explorations and Candore Explorations has been completed. The new company goes under the name of the former. Golden Cresent was 75 cents -$1 bid-ask this week. M…