Goldfields reserves to be re-audited
Convinced that its Goldfields project deserves another turn at the plate, Greater Lenora Resources (GEN-T) has retained Behre Dolbear to re-assess drill data for the Box and Athona gold deposits on th…
Articles by Northern Miner Staff
Platinova makes zinc discovery in Greenland
Drilling by Platinova A/S (PAS-T) on its Peary Land project in northeastern Greenland has resulted in the discovery of a new zone of zinc mineralization.The structure lies between a group of surface s…
Eldorado, Gencor pursue interest in Dominican mine
After closing an equity-for-asset transaction with Gencor, one of South Africa’s premier mining houses, Eldorado Gold (ELD-T) has entered into a 50-50 joint venture with the mining giant to pursue an …
Cominco tops at B.C. competition
British Columbia’s provincial mine rescue and first-aid competition was held recently in Prince George.Among the winners were Fording Coal’s Greenhills operation (in the surface category), Cominco’s S…
MOST ACTIVE ISSUES, July 3-9
ExchgVol(000s)CloseEssex ResV67791.80Castle RockV…
PRODUCER PRICES (July 15, 1996)
ALUMINIUM: LME settlement US$1,471 per tonne (July 3, 1996).ANTIMONY: Composite free market, US$2,875 per tonne (July 2, 1996).BISMUTH: Composite free market US$3.50 per lb. (July 1, 1996).CADMIUM: Co…
Three-way merger gets thumbs-down
A proposed merger between Great Lakes Minerals (GKM-T), Santa Cruz Gold (SCG-T) and Manhattan Minerals (MAN-T) has been sidelined by the results of due diligence investigations.The companies agreed no…
Copper markets still shaky following Sumitomo debacle
The crash in the copper market, set off, in an attempt to bolster the metal’s price, by Sumitomo copper trader Yasuo Hamanaka, has left the world’s metal-trading floors shaking. The industry had known…
Arequipa Res. advances Pierina property
With three rigs turning on the Pierina gold property in north-central Peru, Arequipa Resources (AQP-T) is half-finished a program consisting of 5,000 metres of reverse-circulation (RC) and diamond dri…
Consortium will develop Vasilkovskoye
A licence has been issued to a 3-company consortium selected by the government of Kazakhstan to explore and develop the Vasilkovskoye gold deposit.The deal, subject to completion of contract documenta…
PEOPLE — TRANS ATLANTIC (July 15, 1996)
Arvin Singh appointed director.
Nelson, Tajikistan reach agreement
The government of Tajikistan and Nelson Gold (NLG-T) have reached an agreement on the gold sales, royalties and taxes related to Nelson’s operations in the country.Production from Nelson’s 49%-owned Z…