Low prices take toll on gold mines
The prolonged slump in gold prices has taken its toll on a number of low-grade, bulk-tonnage gold projects in South America, leaving only a handful of robust projects able to survive the rocky road to…
Articles by Northern Miner Staff
Intrepid Minerals finds more gold at Aldea Zapote
Diamond drilling by Intrepid Minerals (IAU-V) at its Aldea Zapote exploration concession in El Salvador has intersected significant silver, gold and zinc mineralization at depth, below one of the prop…
Mineralization hit at Peters
Independent drilling has confirmed mineralization at the past-producing Peters gold property in the Puruni River area of Guyana, reports Guyana Goldfields (GGFI-C).Toronto-based Roscoe Postle & Associ…
NAME CHANGES (April 10, 2000)
Laurier Resources (LRI-V) has changed its name to Zarcan International Resources (ZRI-V) on a 1-new-for-1-old-share basis.
Machacala yields heartening results for Gold Hawk
Geochemical sampling at the Machacala gold-silver property, 40 km east of Trujillo, Peru, has returned encouraging results for Gold Hawk Resources (CGK-M).The 3,000-ha property is the site of an old, …
Dayton purchase and share consolidation meet approval
Shareholders of Mirage Resources (MGP-T) have approved the amalgamation of Mirage with a wholly owned subsidiary of Dayton Mining (DAY-T).Kinross Gold (K-T) holds a 53.8% interest in Vancouv…
PFN cuts River Valley mineralization
The first three holes of a 13-hole drill program on the River Valley property, 70 km east of Sudbury, Ont., have intersected strong platinum-palladium mineralization near the surface for Pacific North…
Partners resume work at Magistral
Partners Inca Pacific Resources (IP-V) and Anaconda Chile have kicked off a spring exploration program at their Magistral copper-skarn target in Peru.Anaconda stands to earn a 51% interest in the prop…
Radius advances Latin American gold prospects
With two previous discoveries under their belts in Central America, the principals of Radius Explorations (RDU-V) have turned their attention to two promising gold prospects: El Salitre, 15 km west of…
SARA a tool for extremists
Last week we published a letter by David Anderson, Canada’s environment minister, reassuring us that his Species at Risk Act (SARA) will be a kinder, gentler version of the American model, which even …
The Northern Miner — North American Mining Index (April 10, 2000)
76.99 (+1.58)(Sept. 30/98 = 100)…
Richmont nabs Hammerdown
By purchasing the nearby Hammerdown deposit, Richmont Mines (RIC-T) has added an estimated four years to the life of its Nugget Pond gold mine, near Baie Verte, Nfld.The Montreal-based company paid pr…