Edwards mine grade tops estimates
The Edwards gold mine near Dubreuilville, Ont., will make $5.5 million in profits by the end of August, reports VenCan Gold (VCG-M).Net profits from the mine, which is operated by River Gold Mines (RI…
Articles by Northern Miner Staff
Little light shed on Delgratia salting scandal
Shareholders of Delgratia Mining (DELGF-Q) are finding more questions than answers in a report examining recent work at the company’s Josh property in Nevada.The audit, performed by consulting enginee…
Japanese firms to aid IG in Myanmar
Joint-venture deal worth an estimated $167 million in total In need of financing and a contractor to build its proposed Monywa copper mine in Myanmar, Indochina Goldfields (ING-T) has looked to the Ri…
Oro Nevada drills Hand-Me-Down site
At the Dean Ranch property in Nevada’s Battle Mountain trend, Oro Nevada Resources (ONV-A) has uncovered what it believes is the largest epithermal gold system of its kind in the state.The discovery w…
Essex drilling expands Bolivian deposit
Diamond drilling by Essex Resource (ESX-V) has expanded a volcanogenic massive sulphide (VMS) deposit at the Miguela concession in western Bolivia.The company has confirmed that mineralization in the …
Vulcan Minerals to drill Carbonear property
A summer exploration program by Vulcan Minerals (VUL-A) will test the potential of the Carbonear base metal property, 80 km west of St. John’s, Nfld.The property covers several large gossan zones and …
DIAMOND PAGE — Russians to pass diamond regulations
Legislation regulating the export and import of rough diamonds in Russia is receiving final approval from President Boris Yeltsin.Once the law is passed, a new trade agreement is expected to be negoti…
Cumberland buys remainder of Meadowbank
Cumberland Resources (CBD-T) has agreed to a deal that will see its interest in the Meadowbank gold property, 70 km north of Baker Lake, N.W.T., increased to 100%.The deal with Comaplex Resources (CMF…
Eden Roc expects Afema to improve
Shareholders who attended the annual meeting of Eden Roc Mineral (EDN-T) did not hesitate to express some displeasure at the overall performance of the company’s gold mine in Ivory Coast, West Africa….
DIAMOND PAGE — De Beers’ CSO reports record sales
Sales of rough diamonds by the marketing arm of De Beers Consolidated Mines (DBRS-Q) netted the company a record US$2.8 billion for the first six months of 1997, an increase of 4.8% over the same peri…
Golden Knight, Cross Lake cut sulphides east of Timmins — Results lead to additional geophysical work, drilling
Two ambitious exploration programs in the greenstones east of Night Hawk Lake, about 50 km east of Timmins, Ont., appear to be paying off for Cross Lake Minerals (CRN-V), East West Resource (EWR-V) an…
COMMENTARY — Changing of the guard
The author is project manager of Keep Mining in Canada, a campaign designed to increase awareness of the importance of mining in this country.Now we start again.The election is over and there are new …