Willow partners assess sampling data
Partners CaribGold Resources (CG-T) and Pure Gold Minerals (PUG-T) have cause for optimism at their jointly held Willow diamond property in southern Saskatchewan.Data, only recently discovered, from a…
Articles by Northern Miner Staff
World Wide, Kazakstan start talks over cancelled deals
World Wide Minerals (WWS-T) and the government of Kazakstan are in negotiations to settle a dispute surrounding the government’s cancellation of a management contract for the Stepnogorsk uranium mine….
DIAMOND PAGE — Monopros recovers samples from pipes
Monopros, a wholly owned Canadian subsidiary of De Beers Consolidated Mines (DBRS-Q), has collected 50-tonne drill samples from each of the Hearne, Tesla, Tuzo and 5034 pipes in the Northwest Territor…
Inco unveils development program for Creighton mine
Management of Inco (N-T) faced harsh criticism from union leaders representing its Canadian workers at the company’s first annual general meeting since the unveiling of restructuring plans that involv…
Results enhance Tshane project
Exploration by Menora Resources (MEN-M) continues to add potential to the Tshane diamond project in southwestern Botswana.A soil sampling program over a 1-km grid identified six anomalous areas of kim…
Gold Hawk eyes Peruvian silver-gold project
Montreal-based Gold Hawk Resources (CGK-A) is eyeing the open-pit potential of a past-producing, underground silver-gold mine 40 km east of the coastal city of Trujillo, in northern Peru.President Jea…
Costs cut at Nanisivik
Breakwater Resources (BWR-T) reports that milling improvements at its Nanisivik zinc mine on Baffin Island are partly responsible for a boost in earnings last year.The remote operation turned a profit…
Placer Dome buys stake in Vengold
Placer Dome (PDG-T) has acquired a 16.8% interest in Vengold (VEN-T) by subscribing to 23.6 million of the company’s shares at $1.75 each, for gross proceeds of $41.3 million.Vengold’s primary asset i…
Bema looks to Russia for future growth
The economics of an advanced-stage deposit in the Russian Far East containing 1 million gold-equivalent ounces are strong enough that Bema Gold (BGO-T) is making a bid to acquire its 79% owner, Britis…
OBITUARY — Murray Pezim dead
Legendary stock promoter Murray Pezim died April 22 of an apparent heart attack. He was 77 years of age.Pezim was best known for his role in the discovery of the Hemlo gold camp in Ontario and the Esk…
Falconbridge predicts growth in base metals
Though depressed metal prices curtailed first-quarter earnings for Falconbridge (FL-T), company president Oyvind Hushovd told shareholders at their recent annual meeting that brighter times are ahead….
GEOLOGY 101
Banded iron formation-hosted gold deposits, Part IBanded iron formation-hosted gold deposits consist of gold intergrown with quartz and/or sulphide minerals in deformed and structurally complicated ir…