Northern Orion enters JV in Argentina
The Argentine subsidiary of Northern Orion Explorations (NNO-T) has formed a joint venture with Mexican silver giant Penoles on the Tres Hermanas property in Santa Cruz province.To earn a half interes…
Articles by Northern Miner Staff
NEVADA — Merger with Santa Fe pushes Newmont to top spot — Half of 1997 exploration and development costs earmarked for Nevada projects
With anticipated gold production of 3.7 million oz. in 1997 and 4.1 million oz. in 1998, Newmont Mining (NEM-N) is now North America’s largest producer of the yellow metal. In the world, it is second …
NEVADA — Nevada gold operations foundation of Barrick empire — Goldstrike to mine 2 million annually into next century
The Busang project in Kalimantan may have had more allure and sizzle for a time, but the Goldstrike property in Nevada’s Carlin trend was never in danger of losing its place as the production cornerst…
Pacific Rim to explore Leticia
Pacific Rim Mining (PFG-V) has formed a joint venture with Miranda Industries (MAD-V) on the Leticia concession in southern Mexico.Pacific Rim can earn a 51% interest in the 100-ha property by making …
NEVADA — Royaledge options ground
Under the terms of a lease agreement, Royaledge Resources (RYE-V) has acquired the mineral rights to 6,680 acres on the Carlin trend, near Newmont Gold’s Gold Quarry mining properties.Through a transa…
NEVADA — Round two begins at Jessup
Echo Bay Mines (ECO-T) has completed its second round of drilling on the Jessup gold property in northern Nevada’s Churchill Cty.The Denver-based major completed more than 36 reverse-Circulation holes…
NEVADA — White Knight aims for large find
A Vancouver-based junior has assembled a portfolio of 10 Nevada gold propeties with the intention of uncovering a large deposit.White Knight Resources (WKR-V) reports that many of the properties exist…
NEVADA — Quest drilling at Nevada’s Jasperoid gold property
Quest International Resources (QIX-T) has begun drilling at its Jasperoid gold project, southeast of Winnemucca.The company is engaged in a 5-To-7-hole, 3,000-ft. program on the 42-Claim property. The…
NEVADA — Adamas acquires Hercules gold property
Vancouver-based newcomer Adamas Resources (AMS-V) has picked up the Hydra-Hercules gold project.Situated southeast of Reno, in the Como mining district of the Pine Nut mountain range, the property com…
NEVADA — Rochester remains constant for Coeur — First-quarter earnings down for U.S. producer
Production at the Rochester mine of Coeur d’Alene Mines (CDE-N) held steady during the first quarter of 1997, with 15,823 oz. gold and 1.5 million oz.silver.The latest figures are similar to those rec…
NEVADA — Brex continues Nevada exploration
Though primarily focused on exploring the gold and diamond potential of Guyana, Exploration Brex (BX-M) is continuing to explore its 50%-owned Section 12 gold property in Nevada’s Carlin trend.The pro…
NEVADA — NEWS IN BRIEF (June 02, 1997)
International R.S.V. Resource (IRS-V) has changed its name to Harambee Mining (HAB-V) on a 1-New-for-5-old-share basis.