Articles by Northern Miner Staff

While admitting that the recent oil price collapse wasn’t in Conwest Exploration’s business plan, Chief Executive Officer John Lamacraft is quietly hoping that an oil industry rebound could boost his …

Calgary based Delaware Resources has signed a letter of intent to option four of the Ungava region prospecting permits in Northern Quebec to Beaufield Resources Inc. Delaware holds a 50% working inter…

The market has lost some of its earlier strength and appears to be consolidating for its next upward move. Trading volume has dropped sharply and not surprisingly many stocks have succumbed to profit-…

At a time when the worst appears to be over in the uranium industry, Eldorado Nuclear finds itself unable to enjoy the benefits of a firming market for its product. The banks, which financed Eldorado’…

Nearly seven years after it reopened the former Vinray gold mine in Malartic Twp., Quebec, Black Cliff Mines of Toronto has optioned the property to Rouyn, Quebec-based Exploration Essor. Exploration …

With operations in the Northwest Territories expected to cease in 1988, Pine Point Mines is negotiating a 40% interest in Cominco’s Polaris mine in the High Arctic. Noting that the company is now in t…

A $3-million exploration program for 1987 has been announced by Brosnor Exploration for three Quebec properties. The Louvicourt Twp. gold property in northwestern Quebec will be the site of most of th…

The disturbing tumble of the U.S. dollar and the failure of the Fed to effectively curtail the free fall by boosting interest rates, continues to fuel the stellar performance of gold bullion. The pric…

A $2.5-million financing and a listing on the Toronto Stock exchange has assured Colray Resources of adequate funds for a major expansion activity in some of its Canadian projects. The Saskatoon, Sask…

Spot closing prices in Pound Sterling per tonne Date May 19 May 18 May 15 May 14 May 13 Copper 916.50-917.50 922-923 922-923 905-906 916.5-917.5 Lead 412-415 …

Minister of State for Mines Gerald Merrithew has unveiled here a new federal mineral policy, which presents a 6-point program designed generally to help get the mining industry in Canada back on track…

Gorham International has published its fourth study on asbestos and asbestos replacements since 1980, An Assessment of Asbestos Replacements: Economic, Performance and Technical Considerations. Despit…