GEOLOGY 101 — Epithermal deposits, Part 1
This is the first instalment in a new feature in The Northern Mine, which will consist of 2-part articles. In the first part, we will examine the geologic formation of a particular type of deposit. In…
Articles by Northern Miner Staff
LATIN AMERICA — Minera Andes adds to Argentine holdings — More drilling planned for Pino Andino prospect
Minera Andes (MAI-A) has acuired four contiguous gold prospects totalling 7,200 ha in Argentina’s Mendoza province.The properties, collectively known as the Reyunos project, lie east of the company’s …
PRODUCER PRICES (April 07, 1997)
Aluminium: LME settlements US$1,602.50 per tonne, alloy $1,508 per tonne (April 1/97).Antimony: Composite free market, US$2,200 per tonne (April 1/97).Bismuth: Composite free market US$3.11 per lb. (A…
Placer Dome to gain stake in Alaskan property
Teryl Resources (TRC-V) and the U.S. subsidiary of Placer Dome (PDG-T) have struck a deal whereby the latter can earn a 60% interest in the Westridge property in Alaska.Placer Dome U.S. can earn its i…
Rift cleared to explore Ugandan property
Junior Rift Resources (RIF-V) has been granted a second exclusive prospecting licence in Uganda.The new licence covers 3,374 sq. km, bringing the area of Rift’s licensed holdings in the country to 10,…
LATIN AMERICA — Vista to drill gold project in Venezuela
Vista Gold (VGZ-T) will begin drilling its Guariche gold property in Venezuela next month in an attempt to confirm proven and probable reserves.The resource at the Triunfo 1 concession, within the 25-…
CAG unveils results from Kazakstani prospects
Central Asia Goldfields (CGZ-M) has released encouraging drill results from winter drilling on the Ashiktas and Ortasay gold prospects in Kazakstan (T.N.M. March 24/97).At Ashiktas, the first hole rep…
LATIN AMERICA — CanAlaska picks up Mexican properties
International CanAlaska Resources (ICA-V) has picked up new ground in the growing mineral play in southwestern Chihuahua state, Mexico.The Vancouver-based junior can acquire two property packages, the…
LATIN AMERICA — Argentine government manoeuvres to attract dollars to mining sector
Although mining represents but a small portion of Argentina’s economy, more and more mineral development projects are expected to enter production there.The country currently produces 35,000 oz. gold …
GREATEST VALUE TRADED (April 07, 1997)
ExchgValue(000s)HighLowCloseChangeBarrick GoldT12…
STOCK MARKETS — Great Bre-X belly-flop sinks entire gold market
Widespread carnage among TSE golds; base metals also take a bashing The report period ended April 1 was no joke at the Toronto Stock Exchange, where the Bre-X Minerals bomb of the previous week turned…
STOCK MARKETS — Bre-X’s collapse has domino effect on VSE juniors — Western markets may take months to recover as investors bail out of penny mining stocks
The ongoing confusion over Bre-X Minerals took its toll on almost all mining stocks on the Vancouver Stock Exchange during the report period ended April 1. The VSE’s composite index lost 121.82 points…