Articles by Northern Miner Staff

Aur Resources, which has budgeted $18 million for exploration and development work this year on six properties, reports net income of $314,032 for the nine months to June 30, equal to 4.4 cents per sh…

Out to earn a stake in an Estrades Twp., Que., property, Bruneau Mining Corp. says it will immediately carry out a program of detailed geophysical surveys on the property. A drill program based on res…

At a cost of $17 million, B.C.’s newly-formed Highland Valley Copper will install two semi- mobile in-pit crushing plants, equipped with gyratory crushers which will be among the world’s largest. The …

Dollar value of trading in mining shares on the Toronto Stock Exchange in August increased to $570.3 million, a dramatic 102.7% increase over the $485.8 million traded in July. Share volume in mining …

Trading was back to about normal this week in Calgary, with 5,549,500 shares traded, almost double the previous week’s slow market. The most active issue was Sweany Gold Corp., trading close to 760,00…

A story last week on Grandview Resources incorrectly stated that of the company’s reserves of 16 million tons averaging 0.046 oz gold, “about one-third of that is quite low grade and when eliminated w…

Comstate Resources says it expects results this month from overburden drilling by Noranda Exploration on Comstate’s Mountjoy south property, and diamond drilling by Falconbridge Ltd., on its Thorneloe…

Agnico-Eagle Mines has come up with another winner. For close on the heels of bringing its Telbel Mines’ property at Joutel, Que., into highly profitable production, Agnico is ordering a 2,000-ton mil…

Zinc has been described as the gold of the base metals sector — albeit in relative terms. That is probably one reason why Fairfield Minerals is bullish on its Logan zinc-silver project 65 miles north…

Underground work has started at Flanagan McAdam Resources’ Magnacon gold property in the Mishibishu Lake area of northern Ontario. Flanagan holds a 50% interest in the property while associated compan…

Chesbar Resources has dropped an option on proven oil reserves in the Beaufort Sea and has put Murgold Resources’ gold property in Ontario’s Swayze area at the top of its property list. The oil ventur…

The amalgamation of Faraday Resources and Marcon Canadian Holdings Inc., a private company, was approved by Faraday shareholders at a meeting held Aug. 21 with the amalgamated company continuing under…