Articles by Northern Miner Staff

Initial results from an underground program on the Eastmain gold project east of James Bay, are confirming earlier drill results. Partners Placer Development and MSV Resources plan to have the program…

A joint venture program to explore the old Newcor mine property in the Flin Flon area of Manitoba has been announced by Colray Resources and Vista Mines. Colray can earn a 30% interest by spending abo…

While a steep decline in oil and gas prices took a large bite out of Conwest Exploration’s 1986 cash flow, few natural resource companies can boast such an enviable track record. In business for 48 ye…

Preferred shareholders of Potash Co. of America recently rejected a proposal to amalgamate the company with Rio Algom, which controls almost 88% (all of the common shares) of the company. Potash Co., …

Drill programs are under way at two properties held by Golden Princes s Mining in Ontario. Noranda Exploration has commenced drilling on the Nickel Offsets property near Timmins. The objective of the …

Additional encouraging drill results have been received by Power Explorations from the company’s Dryden gold project held in joint venture with Van Horne Gold Exploration. The property is located five…

Reflecting the depressed price for potash, a loss of $103.4 million was recorded by the Potash Corp of Saskatchewan in 1986, the company’s 10th year of operation. The Crown corporation’s $810-million …

Madeleine Mines has a major program in hand here that will see Canada’s first platinum-paladium mine in full scale production within a year. A big open pit orebody, this will be an extremely low cost …

A combination of stronger gold prices and increased gold production has enabled Lac Minerals to chalk up an impressive quarter. For the second quarter ended June 30, the company realized total earning…

Drilling has established a reserve of 100,000 tons grading 0.35 oz gold at Black Swan Gold Mines’ Merriland property in Queensland, Australia. The company is operator for the project and has a 60% int…

July 21 July 20 July 17 July 16 July 15 Gold London Bullion Dealers afternoon (morning) $US per oz. 452.40(452.50) 450.90(449.65) 450.60(452.50) 453.75(452.90) 452.70(448.25) Gold Bank of Nova Scotia…

Mining issues are enjoying the benefits of firming metal prices, both base and precious. For the week, of 292 issues which traded 124 advanced versus 91 which declined. Although the tse composite slip…