Orogrande seeks gold in Jamaica
Calgary-based Orogrande Resources (ORG-A) is prospecting for gold and copper at its Bellas Gate concessions in Jamaica.The concessions, totalling 42 sq. miles, are 40 miles northwest of Kingston in a …
Articles by Northern Miner Staff
Iamgold catapulted to status of gold producer
The first gold pour at the Sadiola Hill mine in western Mali has transformed Iamgold (IMG-T) into a producer.”Prior to this event, we were a company with a mine under development. The first pour and t…
MOST ACTIVE ISSUES, Jan. 8-14
ExchgVol(000s)CloseMaymac ExpV29930.43Placer DomeT…
Energold proves up Dominican gold concession
Believing there is potential to double the current resource of 220,000 contained ounces, Energold Mining (EGD-V) has embarked on a minimum 50-hole drill program on the Higo gold concession in the Domi…
Kinross Gold boosts Goldbanks resource
Infill drilling by Kinross Gold (K-T) on the Main zone of the Goldbanks project, near Winnemucca, Nev., indicates a substantially larger gold resource than previously estimated.The new figure, estimat…
ODDS’N’SODS — Zambia-bound
I chose to become a mining engineer because I felt it would afford the best opportunity to travel. When, some time ago, I was invited to be interviewed by RST International, which held an interest in …
STOCK MARKETS — Gold nosedives yet TSE stays afloat
The Toronto Stock Exchange rose fractionally during the trading period Dec.30-Jan. 7, though gold issues dived as precious metal prices fell drastically. The TSE 300 composite index rose 44.26 points …
GREATEST VALUE TRADED, 1996
ExchgValue($000s)HighLowCloseChangeBarrick GoldT1…
Northern Crown steps up work in Guadalupe
Over the course of 1997, Northern Crown Mines (NCW-V) will spend $7 million proving up its Guadalupe de los Reyes gold-silver project in Mexico’s Sinaloa state.Comprising 59 sq. km, the land package i…
Formation buoyed by Black Pine results
Limited follow-up drilling at the Black Pine cobalt-copper-gold project in Idaho has returned encouraging results for Formation Capital (FCO-T).To test previously discovered exhalative, stratabound mi…
INVESTMENT COMMENTARY — Star performer Aurizon expected to reach new production levels in ’97
A reserve of working capital, combined with a solid past performance, suggests that Aurizon Mines (ARZ-T) can look forward to a good year, according to analyst Donald Poirier of McDermid St. Lawrence …
Rift Resources acquires prospecting licences in Uganda and Ethiopia
Rift Resources (RIF-V) is making inroads in East Africa. The Toronto-based junior has been granted a prospecting licence in Uganda and an exploration licence in Ethiopia.The prospect in southwestern U…