Articles by Northern Miner Staff

LATIN AMERICA — Quiruvilca hits record output

The Quiruvilca mine in northern Peru produced record amounts of silver in June and July, reports Pan American Silver (PAA-T).The company attributes the increase to an expansion program that boosted ou…


TSE SHORTS (September 07, 1998)

Short positions outstanding at Aug. 15, 1998Larger individual positions include:Abacan Resource 299,300; Abitibi-Consolidated 844,768, up 116,306; Alcan Aluminium 740,792, up 58,733; Anderson Explorat…


Rayrock Resources fights takeover attempt by Quest

The board of Rayrock Resources (RAY-T) has appointed James Askew president and chief executive officer and retained an investment firm to help it fend off a takeover attempt by Quest Ventures.The Vanc…



Rio Algom teams with Anatolia Minerals in Turkey

Rio Algom (ROM-T) is taking a position in, and entering a joint venture with, Anatolia Minerals Development (AMCD.U-C), a junior exploring for base and precious metals in Turkey.For an aggregate US$1….



Juniors nix merger talks

By mutual agreement, International CanAlaska Resources (ICA-V) and Holmer Gold Mines (HGH-T) have decided not to pursue the merger proposal they floated earlier this summer.Both juniors say their boar…


Minorca, McWatters to merge

Toronto-based Minorca Resources (MAR-T) intends to merge with Val d’Or, Que.-based gold miner McWatters Mining (MCW-T).McWatters will acquire all the outstanding shares of Minorca on the basis of 0.55…


Breakwater extends shutdown

The metallurgy of the Caribou mine in New Brunswick’s Bathurst camp is proving to be an ongoing challenge for operator Breakwater Resources (BWR-T), which has decided to extend its temporary shutdown …





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