St Andrew extends Taylor West porphyry
Exploratory drilling by St Andrew Goldfields (sas-t) at its Taylor gold property near Matheson, Ont., has extended the west porphyry zone another 122 metres westwards, bringing its known length to 610…
Articles by Northern Miner Staff
Viceroy waits it out in Mexico
The drop in the price of gold has forced Viceroy Resource (voy-t) to postpone construction plans at Paredones Amarillos in Mexico.A joint venture with 60% partner Echo Bay Mines (eco-t), the open-pit …
Placer drops price of Val d’Or mines
Citing weak gold markets, Placer Dome (pdg-t) is knocking US$15 million off the price of its projects in Val d’Or, Que. The assets are being sold to McWatters Mining (mcw.a-m).The price of the Kiena a…
Inco lengthens zone at Voisey’s Bay — No economic nickel found beyond Eastern Deeps
Economic grades of nickel, copper and cobalt remain confined to the roughly west-to-east striking band of known zones at Voisey’s Bay, Labrador, reports Inco (n-t).The major’s Voisey’s Bay Nickel unit…
ODDS ‘N’ SODS — Beast of burden
.BS.J. HUNTERImagine my shock when the cargo door to the Norseman plane was flung open and a frantic voice called out, “Get this damned beast out of here!”It was 1946 and I was at MacKay Lake, surroun…
EDITORIAL — Ottawa poised to deliver budget surplus — Staying the course
Brian Mulroney may have been right about free trade, but the former prime minister of Canada has nothing to brag about when it comes to his Conservative Party’s track record in curbing government spen…
Russian mines face bleak future as profits shrivel
Depleting reserves and a lack of development capital are creating a crisis in the Russian mineral sector, according to representatives of the Russian Ministry of Economics.At a conference in Moscow, t…
Colomac mine prepares to call it a day
The troubled life of the Colomac gold mine in the Northwest Territories will soon come to an end.Owner Royal Oak Mines (ryo-t) has decided to shut down the mine in October, citing a feeble gold price …
Silver demand rises in 1996 — Mexico and India chief consumers
For the eighth consecutive year, silver demand has exceeded supply from mine production and scrap, according to a survey released by the Washington, D.C.-based Silver Institute.The increased demand in…
DIAMOND PAGE — Resource modelling augments Diavik mine in Northwest Territories
The Diavik diamond project near Lac de Gras in the Northwest Territories just got a little larger, but by analysis rather than drilling.Ongoing resource modelling work has increased the level of confi…
STOCK MARKETS — Western markets continue to show signs of life — Junior companies vie for attention of bargain-hunters
A month or so ago, western markets were hit by the double whammy of low gold prices and the post-Bre-X blues. But over our report period ended Aug.5, a pulse and a heartbeat could be heard on both the…
TORONTO STOCK EXCHANGE INDICES (August 11, 1997)
1997Aug 5Aug 4Aug 1July 31July 30HighLowComposite…