Kinross and Pentland gain Falconbridge ground
A deal valued at $1.9 million will enable Kinross Gold (K-T) and its affiliate, Pentland Firth Ventures (PFO-T), to take over several gold properties in Ontario and Quebec from Falconbridge (FL-T).The…
Articles by Northern Miner Staff
Abacus expands Lookout zone at Niblack
Drilling on the Lookout zone at the Niblack project in southeastern Alaska has intersected up to three massive sulphide horizons over a strike length of 900 ft.Abacus Minerals (AMC-V) reports that fou…
Teck, Mansfield prove up copper play in Argentina
Trenching has enabled partners Teck (TEK-T) and Mansfield Minerals (MDR-V) to prove up their Cerro Samenta copper porphyry property in Argentina.Initial geophysical work on the claim package identifie…
Lihir Gold makes progess in PNG
Lihir Gold (LIHRY-Q) is advancing the startup date for processing of oxide ore at its namesake mine in Papua New Guinea.Construction is nearly 40% complete, and early commissioning of the sulphide pro…
Aurizon inks deal to develop Douay West
An option agreement could see the Douay West gold deposit, northeast of Joutel, Que., enter production by mid-1998.Aurizon Mines (ARZ-T) has signed a deal with owner Vior Mining Exploration (VIO-M), w…
Randgold gains stake in Malian gold mine
Randgold Resources, the exploration arm of South Africa’s Randgold group, has acquired the Malian subsidiary of BHP Holdings (International). The deal includes a 65% stake in Syama, a large Malian gol…
LITERATURE REVIEW SPECIAL — Great Lakes funds work at Palmarito
Toronto-listed Great Lakes Minerals (GKM-T) has secured US$1 million in financing for its Palmarito silver-gold project in Mexico’s Sinaloa state.Repadre Capital (RPD-T) will provide the funds in retu…
LITERATURE REVIEW SPECIAL — Oroperu drilling gold properties
The acquisition of Arequipa Resources and its Pierina gold deposit by Bar- rick Gold (ABX-T) has cast the spotlight on Peru’s mineral potential. The major is also eyeing other projects in the country,…
ODDS’N’SODS — Scout’s honor
The local Boy Scout troop at Ontario’s Red Lake camp traditionally held their annual campout on a beach on the northern shore of Red Lake. The beach could be reached only by water, and had a reputatio…
Canada’s first wollastonite plant under construction in Quebec
Owner Orleans Resources (OLS-M) has hired Cambior (CBJ-T) to build Canada’s first wollastonite processing plant, in St-Ludger-de-Milot, Que.Orleans Chairman Jean-Guy Masse says the plant is expected t…
NEWS ROUNDUP — Tiomin, Soquem hit nickel near Sept-Iles
Tiomin Resources (TIO-T) and its joint-venture partner, the Quebec Crown corporation Soquem, have discovered several nickel-bearing, disseminated and massive sulphide targets at the Annic project nort…
LITERATURE REVIEW SPECIAL — Battle Mountain and Normandy eye Vera-Nancy gold mine
Equal partners Battle Mountain Gold (BMG-N) and Normandy Mining intend to develop the Vera-Nancy project near the Pajingo complex in Queensland, Australia.The projected capital cost of US$40 million i…