Articles by Northern Miner Staff

Toronto-based Orofino Resources has completed a flow-through share issue to raise $3.2 million to fund exploration and development of the company’s existing properties. Orofino says it realized $2.2 m…

A gold-silver heap leach project in southwest Spain is expected to have its first pouring of bullion at year-end, Toronto-based Thorco Resources reports. Thorco, through its 50% shareholding in Centur…

Partial results have been released from a recent exploration program at the Muskox property in the Northwest Territories. The property is the subject of a joint venture agreement between Equinox Resou…

Neither mining executives nor media personnel are entirely happy with their relationship. Mining men feel that much of the coverage of their industry is unfair or inaccurate or both. They believe the …

Mirado Nickel Mines, which holds a royalty interest in a gold play near Kirkland Lake, Ont., was steady at 18 cents -20 cents . Unfortunately, no royalties will likely be coming. The mine was shut dow…

T&H Resources is busy with two drill rigs on its Garrison Twp., Ont., gold prospect. The work is testing sections of an easterly striking zone which has only been examined to a depth of 200 ft. The cu…

While rebounding from the beating it took during the recent takover bid by corporate raider T. Boone Pickens, Newmont Mining Corp. has reported a drop in net income for the 1987 third quarter. Newmont…

Lac Minerals, through its wholly owned U.S. subsidiary Lac Minerals (USA), has made a $19-million (US) investment in a zinc mine and several base and precious metals exploration properties in Chile. T…

After a 40% production increase and a 30% hike in the price of gold, Breakwater Resources has broken out the black ink to record its financial results for the first nine months of 1987. Vancouver-base…

Mining executive J. Malcolm Slack isn’t running Belmoral Mines any more, but he’s not out of mining. The son and grandson of gold miners has other projects on the go, and has developed another interes…

Preliminary exploration of the Horwood Twp. gold property in northern Ontario by Pelangio- Larder Mines has been completed as part of an earn-in agreement with Bayridge Developments, Pelangio reports….

Higher gold prices combined with increased production from its Gold Quarry mine in the Carlin gold belt of Nevada, to give Newmont Gold Co. a third quarter earnings boost. Newmont says 1987 third quar…