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…
Articles by Northern Miner Staff
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…
PEOPLE — JOPEC RES. (November 04, 1996)
Robert Rosner appointed president and chief executive officer.
CIM talks focus on El Abra, nickel
The El Abra copper project in northern Chile will be in the spotlight at a special presentation of the Canadian Institute of Mining, Metallurgy & Petroleum (CIM).Robin Hickson, president of Cyprus Ama…
Teck and WCH uncover massive sulphides
Partners Teck (TEK-T) and Western Copper Holdings (WTC-T) have discovered a deep volcanogenic massive sulphide zone at the Mexican project known as El Salvador, in Zacatecas state.A single hole, drill…
THE DIAMOND PAGE — Aber to raise funds for Diavik project
A syndicate led by First Marathon Securities and Canaccord Capital has agreed to raise just over $32.5 million for Aber Resources (ABZ-T) through a private placement.The financing will include 1 milli…
THE DIAMOND PAGE — Winspear and Antler shareholders to cast votes on proposed merger
Shareholders of Winspear Resources (WSP-V) and Antler Resources (AEE-V) will meet in separate meetings on Dec. 2 to decide on the proposed merger of their companies.The new company would retain the na…
STOCK MARKETS — Juniors fuel trading on western markets
The Vancouver Stock Exchange composite index remained flat over the report period ended Oct. 29, closing at 1,112.81, up 2.84 points, while the resource index rose 108.72 points to finish at 2,254.72….
Robex Res. makes gold discovery in Mali
Preliminary work by Robex Resources (RBX-M) at the Diangounte property in Mali has revealed pannable gold in soils and lateritized rock.The property, situated 20 km from the Sadiola gold deposit of Ia…
SAR makes move on copper-cobalt prospect in Zaire
Junior South Atlantic Resources (SCQ-V) has received approval from the Zairean government to proceed with its attempt to bid on the Ruashi-Etoile copper-cobalt project.The company will submit its fina…