Articles by Northern Miner Staff

Canada proposes tax changes for ammonite producers

The federal government of Canada has announced proposed changes to the income-tax treatment of producers of ammonite gemstones.The changes, which were proposed by Natural Resources Minister Anne McCle…


Drilling on Portuguese property begins

The Grandola joint venture has initiated drilling on the first of four planned holes in a program aimed at testing the central axis of the 3,000-metre-long Porto de Mel gravity anomaly on the Grandola…






Nugget Pond financing arranged

To complete financing of the Nugget Pond gold mine, Richmont Mines (RIC-T) has arranged a $12-million loan and a $2-million line of credit with the National Bank of Canada.The financing will provide s…


Rainbow drilling at Copper Prince

Although drill results from the Copper Prince property of Rainbow Petroleum (RBP-A) are less than satisfactory, the company believes things will improve at depth.Rainbow is drill-testing a major shear…



Vasilkovskoye waits alone at altar

A consortium led by Teck (TEK-T) was unable to reach an agreement with the government of Kazakhstan on development of that country’s Vasilkovskoye gold deposit.Teck and its partners, First Dynasty Min…


Dispute puts spotlight on Zaire’s mineral wealth

Despite lingering controversy over the right of Consolidated Eurocan Ventures (KEU-T) to develop a giant copper-cobalt resource in Zaire, the junior is proceeding with financing for the project.To rai…



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