Articles by Northern Miner Staff


Erola on Inco board

Former federal minister of mines, Judith Erola, has been appointed to the board of directors of Inco Ltd. Erola is the second woman to be elected to the big nickel company’s board, an Inco spokesman s…


Surf Inlet to explore old Surf mine workings

Vancouver-based Surf Inlet Mines recently completed a private placement with Beltech Corp. of Australia to raise $1 million to finance the first phase of a major underground program at the Surf Inlet …


Gunsteel program enhances potential at Nugget mine

Exploration work at Gunsteel Resources’ Nugget property continues to enhance its production potential. Because the geology and mineralogy of the various gold-bearing structures are quite complex, the …


Montreal Exchange Market woes persist

(Editor’s note: Please note this week’s me stocks table runs only to the Monday, Oct 26, close.) Last week’s massive market “correction” continued on this week on the Montreal Exchange, with the gener…


Sherritt, Agassiz end negotiations over SherrGold

Negotiations between Sherritt Gordon Mines and Agassiz Resources involving acquisition by Agassiz of the former’s shareholding (60.5% interest) in SherrGold Inc., together with certain other mining in…


Flood of share buybacks issued by mining companies

The collapse of the stock markets, which has erased billions of dollars of value and decimated investor confidence, is also being seen as a buying opportunity — by none other than the companies thems…



Deka nears production for Minnova, Syngold

A production decision is still some time away for the Deka (Donalda mine) prospect in northwestern Quebec, but Syngold Exploration President Barry Simmons is confident the project will be developed. A…


Six-month recovery 7,300 oz for Canroes

Gold recovery during the second and third quarters will be 7,300 oz with an estimated production cost, including processing, of $227(US) per oz, Canreos Minerals reports. The company says it mined 65,…


Energex finishes Toodoggone work

The $2.3-million exploration program on Energex Minerals’ Toodoggone area property in northern B.C. has been completed. A month ago the company raised another $300,000 (flow- through) to extend the pr…


Investment Comment Gordex is worth a look

While investors scurry to find a shelter from the recent stock market debacle, gold could still provide a refuge from the recession which analysts say could be just around the corner. Current thinking…


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