Articles by Northern Miner Staff

Passing of Senate control to the Democrats in the U.S. elections doe s not augur well for Canada’s free trade initiatives in general, nor for free trade as it will affect the Canadian mining industry …

on a basis of 1 new for 2 old shares and is seeking regulatory approval to merge with a California corporation of the same name.

Zenmac Zinc has issued a statement of claim against Cominco Ltd. alleging that Cominco did not tender its 62.5% interest in Vestgron Mines into the Zenmac offer of 65 cents per share for all the shar…

Blue River Mines says it expects to start production and sales next year at the B. C. calcite deposit it has optioned from Ekaton Industries. Blue River says mapping and sampling have confirmed previo…

The average yield on mining stocks on the Toronto Stock Exchange as compiled by Moss, Lawson and Co. on prices of Oct 24 were up 0.05% at 1.93%. Last month this group yielded 1.88%, while one year ago…

Suncor has completed an exploration program on Treasure Island Resources’ Spider Lake property in the Northwest Territories. The property is located in the Indin Lake greenstone belt and the company d…

The shares of Summit Resources were posted for trading on the Toronto Stock Exchange on Oct 29. The company is involved in the exploration, production and development of petroleum and natural gas rese…

Accord Resources is completing a $300,000 flow-through share offering. When completed, the funds will be used to finance an exploration program on the company’s claim group near Beardmore, Ont. The Ac…

A major reduction in earnings in fertilizer operations was the prime reason behind the 81% profit drop posted by Sherritt Gordon Mines at the recent 9-month mark. Net earnings of $1.688 million (7 cen…

the hangingwall on its Lucky Jack claim on the Cambourne property have returned values of 20.81% lead, 0.15% zinc, 0.069 oz gold and 16.53 oz silver per ton. Assays from five 10-ft drill holes have re…

A 6,000-ft diamond drilling program is expected to start on the Federal Kirkland gold property controlled by Goldhunter Explorations. Located near Kirkland Lake, Ont., the seven claim property adjoins…

Keeping a tight lid on the red ink for the third straight quarter, Noranda Inc. has emerged with a profit of $52.9 million on revenues of $2.6 billion for the recent 9- month period and appears to be …