Farallon expands Mexican deposit
Drilling by Farallon Resources (FAR-V) is expanding the potential of the Campo Morado polymetallic property in Mexico’s Guerrero state.To date, Farallon has drilled 21,000 metres on the project, havin…
Articles by Northern Miner Staff
THE DIAMOND PAGE — Marum recovers microdiamonds south of Temiscaming, Quebec
Two microdiamonds have been recovered from a 20-kg rock outcrop sample from Marum Resources’ (MMU-A) 500 Showing property, 6 km south of Temiscaming, Que.A color evaluation of the diamonds places them…
THE DIAMOND PAGE — SouthernEra finds fissure extension
Ongoing exploration by SouthernEra Resources (SUF-T) has resulted in the discovery of an enlargement, or “blow,” on the Sugarbird Northern fissure, part of the Klipspringer property in South Africa.Th…
MacDonald proves up Cuban prospect
A 10-hole drill program by MacDonald Mines Exploration (MMP.A-A) is testing several geophysical and geochemical anomalies on the Florencia concession in Cuba.MacDonald is currently earning a 49% inter…
PRODUCER PRICES (November 18, 1996)
ALUMINIUM: LME settlements US$1,435 per tonne (Nov. 12, 1996), alloy US$1,252 per tonne (Nov. 5, 1996).ANTIMONY: Composite free market, US$1,940 per tonne (Nov. 12, 1996).BISMUTH: Composite free marke…
METAL PRICES — FREE MARKET (November 18, 1996)
London Metal ExchangeMidday bid-ask prices in $US per tonneDateNov. 12Nov. 11Nov. 8Nov. 7Nov. 6…
KazMinCo advances gold-copper deposits
A prefeasibility study is expected by year-end for the Varvarinskoye gold-copper deposit in northern Kazakhstan, reports operator Kazakhstan Minerals (KMC.U-T).The company, also known as KazMinCo, has…
Eden Roc makes new discoveries in W. Africa
Diamond drilling by Eden Roc Mineral (EDN-T) has encountered a new sulphide lens on the Asupiri gold prospect in southeastern Ivory Coast.The 4-hole program tested sulphide mineralization below existi…
Westmin reports third-quarter loss
Lower copper prices and higher operating and exploration costs contributed to a $6.2-million loss for Westmin Resources (WMI-T) during the third quarter.The loss (equivalent to 12 cents per share) com…
Ambrex to start work program at Trairao in Brazil
With a preliminary resource figure calculated at its Aripuana project in Mato Grosso state, Brazil, Ambrex Mining (AMBX-C) is preparing to start work on a second prospect, the Trairao property.Trairao…
Hecla to shut down Grouse Creek mine
Having been deemed uneconomic at current gold and silver prices, the Grouse Creek mine will be closed next year.Operator Hecla Mining (HL-N), which owns 80% of the Idaho project, is currently mining o…
High River raises funds for gold projects in Siberia
The Russian gold mining company Buryatzoloto and its partial owner, High River Gold (HRG-T), have arranged financing to develop three gold mines in Buryatia, Siberia.The mines, known as Zun-Holba, Bra…