Pacific Comox drills targets at Adansi Asaasi
Drills are turning on the Chirebroso mine zone at the Adansi Asaasi concession in Ghana, West Africa.The initial 15,000-metre diamond and reverse-circu-lation program is being carried out by Pacific C…
Articles by Northern Miner Staff
STOCK MARKETS — Yellow metal sings the blues
The Toronto Stock Exchange fell sharply over the report period ended June 11, dragged down by plummeting resource stocks. The TSE 300 composite index lost 118.19 points or 2.3%, falling to 5,106.32. G…
CORRECTION (June 17, 1996)
In our June 10 issue, a report on the Thorne gold property near Timmins, Ont., included a photograph of Robert Duess, vice-president of exploration for Band-Ore Resources (BNDR-C), who was erroneously…
Accident claims life in Kyrgyzstan
A Canadian man was killed in early June in an industrial accident in Kyrgyzstan.Kevin Lane, of Edmonton, Alta., was killed when he fell 12 metres while working at the Kumtor mill. The mill is part Cam…
STOCK MARKETS — Gold takes the fall in western markets
As the price of gold tumbled to its lowest level in 15 months, a widespread selloff of junior mining stocks hampered western markets over the report period ended June 11.The Vancouver Stock Exchange c…
Settlement reached in Midas claim dispute
A lawsuit regarding the overstaking of claims near Midas, Nev., has been resolved.Under the terms of the settlement, the Midas joint venture, a 50-50 partnership between Franco-Nevada Mining (FN-T) an…
New study scales back Red Chris
Partners American Bullion Minerals (ABP-T) and Teck (TEK-T) are reviewing a scaled-down version of their prefeasibility study of the Red Chris copper-gold project in northwestern British Columbia.Teck…
Garimpeiros teach Ambrex the ABCs of mining in Brazil
In some gold camps, the old miners are the stuff of legend. In the Brazilian interior, the “old miners” live down the road and have young families. And now they are being joined by mining companies th…
Production exceeds expectations at Eagle River
With Hemlo just down the road, any mine would look small by comparison. But the Eagle River gold mine of River Gold Mines (RIV-T) ranks high in every other respect.The Northern Miner joined a large ga…
PEOPLE — LEVON RES. (June 17, 1996)
Florian Riedl-Riedenstein appointed director.
Band-Ore firms up Thorne
With 12,000 metres of drilling now completed, Band-Ore Resources (BNDR-C) has traced the gold-bearing zones at its Thorne property along a 300-metre strike length.New results from the property, 10 km …
Procoloro Res. drills gold targets at El Valle
A 10-hole diamond drill program is about to start at El Valle, a 93-hectare concession acquired by Procoloro Resources (PCH-M) in Colombia.The property adjoins La Arenosa, an advanced property with a …