Articles by Northern Miner Staff

Toronto-based William Resources (WIM-T) will soon begin a US$4-million program aimed at testing several gold properties in Sweden and Finland.In December 1996, following its takeover of Swedish-based …

Sampling and drilling at the Opoteca concession of VenCan Gold (VCG-M) in Honduras have identified a gold-silver body at least 400 metres long.A 2,000-metre drill program testing the Antiguas area con…

Operator Exall Resources (EXL-T) has extracted and stockpiled 7,000 tonnes from the Glimmer gold project in northeastern Ontario. The material is being shipped to the St Andrew Goldfields mill, 33 km …

Early in April 1974, while awaiting the paperwork for a trip to Africa to be processed, I had accepted a 3-month contract as a mine surveyor with Terra Mining & Exploration at the Terra mine. Departur…

Montreal-based junior Vauquelin Mines (VAQ.A-M) has reported a net loss of $26,000 (or nil per share) for the 6-month period ended Dec. 31, 1996, compared with a net income of $1.1 million (12 cents p…

Drilling has dramatically enhanced the potential of Francisco Gold’s (FGX-V) El Sauzal gold project in Mexico’s Chihuahua state.Highlights from the second phase of drilling include: 261.5 metres avera…

Northern Orion (NNO-T) has granted Brooks Resources (BRC-V) an option to earn up to a 60% interest in the Campana Mahuida copper project in Argentina.The geologic resource is estimated at 76.15 millio…

Antoine Laoun appointed director and chairman of the audit committee.

Thomas Vehrs appointed president and chief operating officer.

Gold Funds as of February 27, 1997BGRCentralNet Value$23.11$6.26Price$19.35…

Metal stocks (in tonnes) held in London Metal Exchange warehouses at Mar.3/97 (change from previous week in brackets):Aluminium882,450(-18,800)Copper214,800(-5,250)Lead108,025(-450)Nickel45,618…

Construction is nearly complete and startup is fast approaching for the Lihir gold mine, on the tiny island of the same name.It will be the largest mine in the world to open in 1997, and when The Nort…