Aur spills the beans: it bought shares in Inmet
Responding to speculation by market-watchers, Aur Resources (AUR-T) has confirmed that it has bought a large holding in Inmet Mining (IMN-T).Careful readers of Aur’s quarterly financial statements had…
Articles by Northern Miner Staff
SUPPLIERS NEWS ROUNDUP — Dynatec inks Mexican deal
Dynatec will let a Mexican mining company use its zinc leach recovery technique.Industrial Minera Mexico, which operates zinc mines throughout the country, is the latest firm in Latin America to sign …
Correction (August 24, 1998)
In our Aug. 17-23 issue, we stated that 47,300 oz. gold was produced from the Canadian mines of River Gold Mines (RIV-T) in the first half of 1998 at a cash cost of US$296 per oz. The correct cash cos…
NEWS ROUNDUP — Indochina reports discovery
Vancouver-based Indochina Goldfields (ING-T) has discovered polymetallic mineralization at its Sekatak project in northeastern Kalimantan, Indonesia.The “potentially significant” discovery consists of…
Companies (August 24, 1998)
Aber ResAmblin ResourcesAnglogoldAquiline ResArgosy MiningArizuma SilverArmada GoldAtlas MiningAur ResourcesAurcanaAuspex MineralsB.Y.G. Natrl ResBarrick GoldBattle Mtn GldBolidenCaledonia MgCambiorC…
Juniors consolidate stake in Portuguese project
International Vestor Resources (IVS-V) has completed an arrangement with joint-venture partners Redfern Resources (RFR-T) and Cumberland Resources (CBD-T) to increase its interest in the Aljustrel min…
Vista marks milestone at Hycroft
The Hycroft mine in northern Nevada has poured its one-millionth ounce, following the second straight quarter of record gold production.Vista Gold (VGZ-Z) reports that the mine cranked out 35,171 oz. …
DIAMOND PAGE — Condor drills Kikerk Lake
A 10-hole drill program is testing for potential kimberlite targets on the Kikerk Lake diamond project in the Northwest Territories, 500 km north of Yellowknife.The work is being managed by Condor Int…
Cream explores Kaslo silver property
Despite initial problems recovering drill core, Cream Minerals (CMA-V) is encoraged by the latest drill results at its Kaslo silver property in southeastern British Columbia.The junior completed eight…
Partners cut gold at Railroad
Drilling at the Railroad gold property in Nevada’s Carlin trend has returned encouraging results for partners Exploration Mirandor (MIQ-M) and Kinross Gold (K-T).Six holes drilled in the Elliot Ranch …
Rio Algom drills at Green Bay, Nfld.
Diamond drilling is testing two induced-polarization (IP) anomalies on the Green Bay base metal property, near Springdale in northern Newfoundland.The program is being carried out by Rio Algom (ROM-T)…
Mishaps at Refugio mine spoil Bema’s second quarter
A production shortfall at the Refugio mine in northern Chile caused 50%-owner Bema Gold (BGO-T) to bleed more red ink in the second quarter.The Vancouver-based company tabled a loss of US$2.5 million …