VenCan wins day in court
An Ontario Court has denied River Gold Mines’ (RIV-T) request to relieve it from forfeiture of a lease to operate the Edwards gold mine northeast of Wawa, Ont.The decision came a day after mine owner …
Articles by Northern Miner Staff
MINING MARKETS & INVESTMENT NEWS — Placer absorbs Lassie Red Lake
Lassie Red Lake Gold Mines, formerly listed on the Canadian Dealing Network under the symbol LRLG, has merged with a subsidiary of Placer Dome (PDG-T)Minority shareholders of Lassie Red Lake voted 95….
DIAMONDS — From incredulity to reality: the birth of a diamond mine
The press release of Nov. 5, 1991, set off alarm bells in London, Sydney and Johannesburg, where headlines heralded a “major discovery” and a “coup” for Australia’s BHP Minerals. Foreign investors scr…
DIAMONDS — Diavik poised to become Canada’s second diamond producer — Rio Tinto, Aber Resources advance project to permitting stage, public meetings to follow
The recent submission to the federal government of an environmental assessment for the proposed Diavik mine in the Northwest Territories sets in motion the permitting process for what will be, in all …
More high-grade zinc at Bongara
Stepping out from known mineralization at the Bongara zinc property in northern Peru, partners Cominco (CLT-T) and Solitario Resources (SLR-T) have encountered more high-grade zinc.Some 500 metres nor…
DIAMONDS — The Tli Kwi Cho fiasco
In the end, quality — not quantity — determines the economics of a diamond-bearing kimberlite. If the diamonds can’t be marketed as gems, the deposit — no matter how high-grade — is virtually wort…
DIAMONDS — Juniors ink deal with Delta
A unit of Australia’s Delta Gold has inked a deal with three Canadian juniors to explore for diamonds in southwestern Zimbabwe.The 5-year option agreement allows Delta to earn 51% of four diamond proj…
DIAMONDS — Revised law opens doors for South African miners — Marsfontein property dispute a catalyst for legal changes
A new mineral investment policy in South Africa is expected to open up exploration and mining in that country following decades of dominance by the large mining houses.A new white paper, announced by …
DIAMONDS — Contiki joins Molopo project
Juniors Layfield Resources (LAY-V) and Contiki Resources (TKI-V) have teamed up to explore the Molopo diamond property in Botswana.The two companies recently concluded an agreement allowing Contiki to…
Meetings (October 26, 1998)
Oct. 26, GoldbrookOct. 26, RetrieveOct. 27, Cons. Sarabat GoldOct. 27, Ebony GoldOct. 27, JoutelOct. 27, OhioOct. 27, Royal SovereignOct. 27, ThunderwoodOct. 28, AltiusOct. 28, Big ValleyOct. 28, Telf…
Maude Lake raises funds
Over the past three months, Montreal-based junior Maude Lake Exploration (MAU-M) has secured $200,000 from various provincial government bodies and pension funds.In August, Sodemex and Sodemex II each…
Gitennes sizes up Rio Suro gold-silver zone
Gitennes Exploration (GIT-T) has received a preliminary resource estimate for the Rio Suro zone at its Virgen project in north-central Peru.An independent calculation by Roscoe Postle Associates indic…