Placer revives takeover plans for Highlands
Vancouver-based Placer Dome (PDG-T) has fallen back on its original plan for a hostile takeover of Australian-based Highlands Gold now that a proposed underwriting of a new company has failed.The unde…
Articles by Northern Miner Staff
China Clipper to evaluate ground
Ottawa-based China Clipper Gold Mines (CXX-A) has signed a memorandum of understanding with the East China bureau of the Metallurgical Industry Ministry concerning three early-stage gold properties in…
VSE juniors form exploration partnership in China
Vancouver juniors Southwestern Gold (SWG-T) and Global-Pacific Minerals (GPJ-V) have signed an agreement with the Chinese government for 3,000 sq. km of exploration concessions in province of Inner Mo…
GeoNova updates Desjardins resource
Montreal-based GeoNova Explorations (GNE-M) has updated the gold resource estimate for the Discovery zone of its Desjardins property, 45 km northwest of Lebel-sur-Quevillon, Que.The zone is now estima…
EDITORIAL PAGE — Leaving the nest
For years, officials of the Vancouver Stock Exchange (VSE) have bemoaned the fact that many of its most successful junior companies have flown the nest and ended up on the big board in Toronto. The Al…
Suriname to host mining conference
The Society of Economists in Suriname has organized a conference on mineral exploration and development, to be held in the capital city of Parimaribo on Jan. 25-26.The conference will feature presenta…
OBITURARY — Hans Schreiber
Hans Schreiber, chairman and chief executive officer of the American consulting firm Behre Dolbear, has died. He was 64.Born in 1932 in Frankfurt, Germany, Mr. Schreiber emigrated to the U.S. in the s…
China to consume more copper concentrate in 1997
China is poised to become the world’s second-largest buyer of custom copper concentrate in 1997, according to a British-based metals consulting firm.Brook Hunt reports that China is believed to have i…
Madison explores project in Papua New Guinea
Much of the $8 million Madison Enterprises (MNP-V) plans to spend on exploration this year will be directed at its Mt. Kare project in Papua New Guinea.The Vancouver-based junior will conduct delineat…
TORONTO STOCK EXCHANGE INDICES (January 20, 1997)
1996Jan 14Jan 13Jan 10Jan 9Jan 8HighLowComposite”…
DIAMOND NEWS ROUNDUP — Shore, Rio Nevada pull diamonds
Junior Shore Gold (SGF-A) has recovered diamonds from two newly discovered kimberlite bodies at its 75%-owned Fort la Corne project, 80 km east of Prince Albert, Sask.This past fall, Shore tested pros…
Kazakstan and World Wide nix merger plans
The previously announced merger of World Wide Minerals (WWS-T) and Kazakstan Goldfields (KGFC-C) has been terminated. In addition, World Wide will not purchase the stake in Kazakstan Goldfields held b…