Westmin/Nexus
Nexus Resource Corp. has been granted an option by Westmin Resourc es to earn a 50% interest in its Debbie property located six miles east of Port Alberni on Vancouver Island. The property, which cons…
Articles by Northern Miner Staff
Almaden finances exploration work for gold, silver
Almaden Resources has raised $420,000 in a best efforts offering to explore three precious metals properties. The financing increases the company’s working capital to approximately $500,000, the bulk …
Cominco metals shows profit but fertilizer still in red
The mining and integrated metals business segment of Cominco Ltd. h as benefited dramatically from higher metal prices, productivity improvement and a general cost-cutting program. But the company’s f…
Strontium market will stay strong new study says
In spite of recession, the effects of new technology and competition from alternative materials, demand for strontium is continuing its strong growth displayed during the early 1980s. Following the ra…
Montreal Exchange: Syngold makes big gain
Wednesday close, Nov 5 A good example of the success of Quebec’s flow-through offerings to raise money for exploration is found in Syngold Exploration. It might also be an argument against flow-throug…
Equity trims loss
Equity Silver Mines reported a loss of $583,000 or 2 cents per sha re for the nine months ended Sept 30, compared to a loss of $713,000 or 3 cents a share the previous year. President A.J. Petrina sa…
Energex winds down Toodoggone work
Increased income from operations and a positive cash fl ow boosted Energex Minerals’ cash position during the quarter ended Aug 31 to $1.64 million. President Arne O. Birkeland says the company’s inve…
Letters to the Editor: The platinum coins
I was interested to read your article First Platinum Mine — Where? Who? and surprised to see the statement that it was the Swiss who started minting 1-oz platinum coins. We believe the first platinum…
Geoscience forum in Yellowknife
Dec 1-4 are the dates for the 15th Annual Geoscience Forum to be held in Yellowknife. The forum covers mining development, mineral exploration, geological survey work, including Northern Affairs- Geol…
Westley/Radcliffe drilling Nevada bet
Preliminary drilling has been completed on area 1 of the Independence property, near Elko, Nev. held by joint venture partners Radcliffe Resources, formerly Majorem Minerals and Westley Mines. Ten wi…
Centurion hopes to develop placer deposit
Being able to deal successfully with environmental issues can put your services in very high esteem these days, especially in states like California where the environmentalist lobby is very strong. A …
OSC is upset over Larder valuations
Valuation reports prepared by International Larder Minerals were not prepared in accordance with appropriate valuation techniques, the Ontario Securities Commission (OSC) alleges. The valuation report…