Nufort reports results from Barrick drilling
Results are in hand for five holes drilled by Barrick Gold (TSE) on the Michaud project, in which Nufort Resources (TSE) holds royalty interests.The project is 12 miles west of Barrick’s Holt-McDermot…
Articles by Northern Miner Staff
Toronto CIM branch to discuss SX-EW
The Toronto branch of the Canadian Institute of Mining, Metallurgy and Petroleum will present a talk by the General Manager, Technical, of Rio Algom on the solvent extraction-electrowinning (SX-EW) pr…
DIAMOND PAGE — Drilling continues at Afridi Lake
Initial processing of the first sample from the 5009A kimberlite at the Afridi Lake property in the Northwest Territories has confirmed the pipe is diamondiferous.Cypango Ventures (VSE) will release r…
Roper, Silver Peak plan Abbott work
Additional development work at the Abbott project, 65 miles north of Trail, B.C., will begin in June.Roper Resources (VSE) can earn a half interest in the property from Silver Peak Resources (VSE) by …
Correction (May 13, 1996)
Drill hole NR-29 at the Rainy River property of Nuinsco Resources (TSE) was drilled at an angle of 65 and the mineralized intersection of 7.7 metres is believed to have intersected the mineralized bod…
Summitville pleads guilty to charges
Facing 40 charges arising from environmental damage at its Colorado gold mine, Summitville Consolidated Mining has entered a guilty plea and been assessed US$20 million in fines in United States feder…
STOCK MARKETS — Golds lead TSE as base metals rise
A rally by the golds enabled the Toronto Stock Exchange to improve over the period ended May 7. Nonetheless, the TSE 300 composite finished at another record high of 5,167.07 after having dipped sligh…
GREATEST VALUE TRADED, May 1-7
Exchg Value($000s)HighLowCloseChangeBarrick Gold T184077$43 3/840 1/243 1/4+1 1/2Placer Dome T158922$4037 3/839 7/8+2Inco Ltd T133491$47 3/845 1/247+1BRE-X Mnrls T132546$21…
Results encouraging at Francoeur mine
Reserves are increasing at the Francoeur gold mine near Rouyn-Noranda, Que., as Richmont Mines (TSE) finds more ore-grade mineralization along the Francoeur-Wasa shear zone.The underground program inv…
Royal Oak to own Cons. Professor
Royal Oak Mines (TSE), having received more than 90% of the shares of Consolidated Professor Mines (TSE) under its 80 cents per share takeover offer, has announced it will acquire the remaining shares…
Canadian Mining Hall of Fame is accepting nominations
The Canadian Mining Hall of Fame has announced it is accepting nominations for new inductees, who will be formally honored in early 1997.Nominations of persons who have made an outstanding contributio…
CIM honors mining industry’s best
The achievements of Canada’s mining community were recognized at an awards dinner held by the Canadian Institute of Mining, Metallurgy & Petroleum (CIM) at its annual meeting in Edmonton, Alta.* The B…