Articles by Northern Miner Staff

Higher metal prices gave Falconbridge Ltd. a third quarter 1987 net profit of $17 million, or 23 cents a share, the company reports. That’s close to three times the $6 million profit (9 cents a shar…

Tyranex Gold showed some spirit, trading to $1 in this week’s generally poor market. The company has optioned its gold property near Shiningtree, Ont., to Gunnar Gold and Mill City Resources, two tse-…

At presstime for this issue, Ontario and Quebec provincial police were still searching for two armed men who over a week ago robbed the Virginiatown, Ont., gold mine of Golden Shield Resources of a go…

Central Crude Resources has completed an agreement with Joutel Resources giving the former company the right to earn a 50% interest in Joutel’s Blue Quartz gold property. Located near Matheson, Ont., …

Shareholders of Nuinsco Resources have approved an agreement with Echo Bay Mines to proceed with the second stage of underground exploration on Nuinsco’s Cameron Lake property near Kenora in northwest…

Calgary-based Marker Resources has merged with Varna Resources to form a new amalgamated corporation called Varna Gold Inc. The new company will hold working interests in approximately 400,000 net acr…

Toronto-based Canamax Resources has reached an agreement with National Westminster Bank of Canada to finance construction and development of Canamax’s three new gold mines. They include the company’s …

..Nothing so gives the illusion of intelligence as personal association with large sums of money. John Kenneth Galbraith, Canadian economist With so much wealth erased during the past two weeks as …

After four years of substantial shortfall, it appears the global copper market is set to revert to oversupply in 1988 as production surges ahead, Shearson Lehman Brothers reports in its Annual Review …

Teeshin Resources has won an arbitration hearing which allows the company to become the operator of the Dome Mountain gold project in British Columbia. Teeshin will be replacing Canadian United Minera…

Output of 50,000 oz gold is expected during each of the first two years of operation of Perron Gold Mines’ Sleeping Giant mine in northwestern Quebec which is expected to go into production early in 1…

An option to earn a 40% interest in Kerr Addison Mines’ Macho- Rouleau property in Urban and Barry twps. in northwestern Quebec has been acquired by Beaufield Resources. Under the terms of the agreeme…