News


Noranda ups stake in Falconbridge

In the market to become the world’s largest diversified resource company, Noranda Inc. (TSE) has emerged with a 19.5% stake in Falconbridge Ltd. (TSE). After weeks of intermittent buying, Noranda stop…


Better gold sales aid Canamax results

An increased level of gold sales enabled Canamax Resources (TSE) to realize an increase in operating earnings from mines in production. However, for the second quarter ended June 30, the company had a…


Montanna tunnels produce gold profits for Pegasus

With its Montana Tunnels project now fully operational, Pegasus Gold (NASDAQ) reported record net earnings for the second quarter of $7 million or 30 cents per share. Those earnings were 63% higher t…


Queries How to read stock tables and warrants

We just received our first issue of The Northern Miner and enjoy it very much. As president of an investment club here in Tokyo, I would like to have some information on how to read your stock tables….


News in Brief (September 05, 1988)

Belmoral Mines (TSE) says it has obtained $2 million in flow-through financing from CMP 1988 Resources Partnership and Company. The funds were obtained in consideration of Belmoral common shares at $2…



Legal actions abound at Hemlo gold camp

The Hemlo camp located along the northern shore of Lake Superior in northern Ontario is probably as well known today for the legal squabbles it has engendered as it is for the gold it contains. Supp…


Newfields Expands Presence in Eastern Canada

Already well established in the Kirkland Lake camp of Ont., Newfields Minerals (TSE), recently added two gold projects in Eastern Canada to its property portfolio. That’s in addition to a deal made ea…


Drilling continues at Joubi prospect

Encouraging initial underground drilling results have been reported by operator Western Quebec Mines (ME) from the Joubi gold project in the Val d’Or area of northwestern Quebec. Western Quebec is inv…


Jonpol annual meeting

A little more than a year after drilling its discovery hole on the Newfield property, Jonpol Explorations (TSE) has blocked out a drill- indicated reserve of 1.3 million tons grading 0.231 oz gold per…


Greenstone gets 100% of Millie Mack

Greenstone Resources (TSE) has entered into an agreement to acquire a 100% interest in the Millie Mack gold-silver property near Burton, B.C. The property covers a large tonnage low grade gold-silver …


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