Articles by Northern Miner Staff

Cominco buys stake in Anvil Range

Base metal miner Cominco (CLT-T) has purchased 4.1 million shares of Anvil Range Mining (ARO-T) at $2.30 per share through a recent private placement.Gross proceeds of $9.4 million were paid to Anvil …


KWG adds to Russian portfolio

Montreal-based KWG Resources (KWG-T) can earn up to an 80% interest in seven gold properties held by Buccaneer Mining in the Magadan region of Far Eastern Russia.The agreement also covers three Russia…


Int’l Pursuit pursues Dayak

Determined to become a bigger player in Kalimantan, Indonesia, junior gold explorer International Pursuit (IPJ-T) is attempting a takeover of its partner, Dayak Goldfields (DAYK-C).Pursuit has offered…


Virginia discovers zone at Auclair

Quebec City-based Virginia Gold Mines (VIA-M) has discovered a new zone of gold mineralization at its Auclair property, in the James Bay area of northern Quebec.The zone is hosted in iron formation an…


Correction (February 17, 1997)

The Koktasjal deposit of Ursa Major International (FFR-M) lies in the Koktasjal licence area, not in the Nirinsk licence area. Also, the Nirinsk licence area is 210 km northwest, not northeast, of Kar…


NEWS IN BRIEF (February 17, 1997)

River Gold Mines (RIV-T) has bought the Magnacon mill near Wawa, Ont., from Golden Goose Resources (GGR-T), Windarra Minerals (WRA-T) and Westward Explorations (WWE-V). In return, Golden Goose will re…


Dayton boosts mine resources

Gold resources at the Andacollo mine in Chile increased by 30% in 1996, compared with the previous year’s figures.The mine, owned by Dayton Mining (DAY-T), was calculated as hosting 130 million tonnes…


Campbell posts record production

Toronto-based Campbell Resources (CCH-T) produced a record 124,800 oz. gold in 1996, representing a 4% increase over 1995.From the Joe Mann gold-copper mine in Quebec, Campbell extracted 70,400 oz.gol…


Minco expands presence in China

Minco Mining & Minerals (MMM-V) will earn an undisclosed interest in the Gala gold mine in central China.The mine, which has been in production since 1993, is about 15 km from the city of Ganzi in Sic…





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