Nelson Gold halts operations
Mining and milling operations at the Jilau mine in Tajikistan have been halted for the second time this year, pending resolution of an impasse between operator Nelson Gold (NLG-T) and the Tajikistani …
Articles by Northern Miner Staff
Spot prices at a glance (November 04, 1996)
Wednesday, October 30, 1996Price (US)Week’s ChangeGold*$380.30- $3.65Silver*$ 4.83…
NEWS IN BRIEF (November 04, 1996)
McNickel (MCNC-C) has changed its name to Sahelian Goldfields (SHGI-C) on a 1-new-for-8-old-share basis.
Santa Fe gets nod to expand Lone Tree
The U.S. Bureau of Land Management has approved the proposed expansion of the Lone Tree gold mine southwest of Winnemucca, Nev.Santa Fe Pacific Gold (GLD-N) may now extend the mine’s main pit into Sec…
Centurion strikes gold in eastern Utah
Salt Lake City-based Centurion Mines (CTMC-Q) has cut significant gold and silver mineralization in sedimentary rocks at its Kings Canyon property in east-central Utah,Drill hole 10 encountered minera…
Testing boosts resource at Pirquitas deposit
Sunshine Mining & Refining (SSC-N) has received encouraging results from preliminary metallurgical testing at its Pirquitas silver-tin deposit in Argentina.Early results indicate that silver recoverie…
INSIDER TRADING — Bre-X Minerals insiders cash in stock options
Directors and senior officers of Bre-X Minerals (BXM-T) were among the mining executives who reported trades to the Ontario Securities Commission during the past month.Vice-president T.S. McAnulty sol…
Goldtex Res. drilling Nevada properties
Junior Goldtex Resources (GXR-A) plans to spend $2.8 million on 50,000 ft.of drilling to test 10 gold properties in Nevada.A total of 11 targets will be drill-tested, while, at the same time, geochemi…
Companies tie up ground near Sept-Iles
Base metal producer Noranda (NOR-T) and St. Genevieve Resources (SGV-T) have signed a letter-of-intent agreement on the Lac l’Aigle property near Sept-Iles, Que.The 123-claim property is north-northea…
Similco expands under Princeton
Additional mineralization found by Princeton Mining (PMC-T) at the Similco copper mine in British Columbia will be included in a new mine plan.The best results from an ongoing first phase of drilling …
Newmont, Barrick reach dewatering deal
A dispute over water disposal on Nevada’s Carlin trend has been settled by Newmont Gold (NGC-N) and Barrick Gold (ABX-T).The legal action stemmed from an injunction issued in April barring Barrick fro…
Operations at Bougrine suspended
Mining and milling operations at the Bougrine lead-zinc mine in Tunisia have been suspended indefinitely, reports Inmet Mining (IMN-T).According to a study by Societe Miniere de Bougrine, the investme…