Wheaton River arranges financing
After experiencing frustration in its attempts to obtain permits and financial backing, Wheaton River Minerals (WRM-T) has secured financing for its Golden Bear heap-leach project in northwestern Brit…
Articles by Northern Miner Staff
Hemlo prospector appointed to the Order of Canada
Donald McKinnon, who helped identify, stake and promote the gigantic Hemlo gold deposit in north-central Ontario in the early 1980s, has been appointed to the Order of Canada.Born in Cochrane, Ont., i…
Spot prices at a glance (January 27, 1997)
Wednesday, January 22, 1997Price (US)Week’s ChangeGold*$350.10- $2.35Silver*$ 4.70…
KG reports first shipment of gold
The first shipment of gold was made by Kazakstan Goldfields (KGFC-C) from its mines in north-central Kazakstan.The company (KG), which took over management of the then-dormant Aksu, Jolymbet and Besto…
Costa Rica rethinks Bellavista ruling
Costa Rica’s ministry of environment and energy has annulled last year’s decision to reject an environmental impact statement (EIS) for the Bellavista gold project.Operator Minera Rayrock (MRN-T) will…
EDITORIAL PAGE — The EPA strikes out
The United States Environmental Protection Agency (EPA) must have been dreaming in Technicolor when it came to Canada last year seeking an injunction to freeze US$152 million worth of Diamond Fields s…
MOST ACTIVE ISSUES, Jan. 15-21
ExchgVol(000s)CloseMineral ResT110800.08Maymac ExpV…
TSE INDICES (January 27, 1997)
1996Jan 21Jan 20Jan 17Jan 16Jan 15HighLowComposit…
Marum comes up empty
Analysis of the first 20-tonne portion of a 100-tonne bulk sample at the Temiscaming, Que., project of Marum Resources (MMU-A) has revealed no diamonds. Marum will further analyze all sample concentra…
GOLD FUNDS (January 27, 1997)
Gold Funds as of January 16, 1997BGRCentralNet Value$21.80$5.80Price$17.60…
Cons. Nevada trading in Germany
Consolidated Nevada Goldfields (KNV-T) has begun trading on two more German stock exchanges.In addition to the Stuttgart exchange, the company now trades on the Frankfurt and Berlin stock exchanges.
Rio resumes work on Ecuadorean play
Drilling at the Guabisay gold-silver-copper property in Ecuador is set to resume, based on results from the first hole.Rio Amarillo Mining (RIO-V) reports that hole 1 intersected: 19.5 metres grading …