Articles by Northern Miner Staff

Renabie first to test Ontario’s new closure rules

Ontario’s first postwar gold mine, the Renabie mine about 200 km west of Timmins, Ont., is about to register another milestone — the first mine closed under the province’s new rules of the revised pr…


Minnova, Rea go underground at Samatosum

Underground mine development is scheduled to begin shortly at the Samatosum mine near Adams Lake, B.C. The mine is 70% owned by Minnova (TSE) and 30% owned by Rea Gold (TSE) which also holds a 5% net …




Drilling continues on SIB claims

More assay results were released by equal partners Silver Butte Resources (VSE) and American Fibre (VSE) from ongoing drilling on the SIB claims in the Eskay Creek region north of Stewart, B.C. The cl…


Vancouver Stock Exchange (August 05, 1991)

The VSE managed to reverse its prolonged downward trend during the period ended July 30. The composite index added 6.36 points to finish at 562.32, and the resource index followed suit with a 5-point …


South Atlantic arranges funding

A recently arranged private placement of 538,462 shares at the price of 65 cents per share will net South Atlantic Ventures (VSE) about $336,000 after commissions. The placement was purchased by Westm…


INSIDER TRADING (August 05, 1991)

Ivanhoe Capital, a holding company controlled by Vancouver promoter Robert Friedland, recently sold a significant portion of its Fairbanks Gold (VSE) shares. Last month, Ivanhoe, which owns approximat…



Westmin decides to mine Gap zone at Myra Falls

Management of Westmin Resources (TSE) recently decided to start development access of the Gap zone from the 18 level in the H-W mine at its Myra Falls mining operation near Campbell River, B.C. The Ga…


EDITORIAL PAGE (August 05, 1991)

International Corona shareholders are going to be busy for the next six weeks sifting through analyses of the company’s proposed restructuring that are already pouring forth from mining analysts. But …


Producer prices (August 05, 1991)

ALUMINUM: MW U.S. Market US59.50-61 cents per lb. (Jul. 11, 1991). ANTIMONY: New York dealer US84-85 cents per lb. (Mar. 14, 1991). BISMUTH: New York dealer US$3.05-3.15 per lb. (Jun. 27, 1991). CADMI…


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