Midas partners boost exploration budget
By year-end, partners Franco-Nevada Mining (FN-T) and Euro-Nevada Mining (EN-T) expect to have received a prefeasibility study on the Rex-Grande deposit in Nevada.Eight rigs are drilling the Rex-Grand…
Articles by Northern Miner Staff
Wilanour shareholders sink Goldcorp deal
A deal that would have seen Wilanour Resources (WLR-T) sell its Cochenour mine and mill east of Red Lake, Ont., to Goldcorp (G-T) failed to win shareholder approval at the former’s annual meeting.Unde…
Impact Minerals explores gold anomaly at Eagle Mountain property in Guyana
At the Eagle Mountain gold property in Guyana, geochemical work by Impact Minerals (IPT-V) has outlined an open-ended gold anomaly covering old workings and a known vein occurrence.The company’s explo…
Literature Review
To receive literature on companies featured in the The Northern Miner’s recent Literature Review, please fax the coupon on page B8 of our Sept. 9 issue to (416) 510-6875, or mail it to: Northern Miner…
EDITORIAL — An unfair advantage
Almost every major discovery in the past decade — from the Eskay Creek gold deposit in British Columbia and diamonds at Lac de Gras to the Voisey’s Bay nickel-copper-cobalt deposit in Labrador — has…
ODDS’N’SODS — Mucking at the Aunor
Most English-speaking countries refer to the blasted rock of mining operations as “muck,” regardless of whether the rock is ore or waste.As the capacity of mills increased, a large percentage of mine …
Sudbury symposium to feature mining and mineral technology
A symposium scheduled for Sept. 30-Oct. 3 in Sudbury, Ont., will highlight advances in mining and processing technology, as well as improvements in environmental research.Entitled “Mining and Minerals…
PRODUCER PRICES (September 16, 1996)
ALUMINIUM: LME settlements US$1,427.50 per tonne (Sept. 10, 1996), alloy US$1,255 per tonne (Sept. 5, 1996).ANTIMONY: Composite free market, US$2,625 per tonne (Sept. 10, 1996).BISMUTH: Composite free…
THE DIAMOND PAGE — Trenching unearths diamondiferous gravels in central Africa
Trenching by partners United Reef (URP-T) and Trans Hex International (THXI-C) has uncovered diamond-bearing gravels along a bank of the Bangoran River in the Central African Republic.The discovery wa…
STOCK MARKETS — Speculation weakens western resource index
The Vancouver Stock Exchange composite index slipped 18.11 points over the report period ended Sept. 10 to close at 1,215.54. The resource index fell even farther, dropping 94.07 points to finish at 2…
STOCK MARKETS — Gold issues sink on Toronto market
The Toronto Stock Exchange traded heavily but went virtually nowhere in the period Sept. 4-10, closing at 5,147.12, up 4.77 points from the previous week. The average daily volume was in the range of …
GOLD FUNDS (September 16, 1996)
Gold Funds as of September 5, 1996BGRCentralNet Value$25.06$6.56Price$18.55…