Rio Amarillo hits values at Peruvian prospect
South American explorer Rio Amarillo Mining (VSE) is targeting the Bellota tourmaline breccia zone during a preliminary phase of drilling at its Aija property in north-central Peru.A 61.5-metre inters…
Articles by Northern Miner Staff
Exploration spending in Canada is on the rise
Exploration spending in Canada is expected to total $945 million in 1996, an increase of 24% over last year, according to a federal survey.The Survey of Canadian Mineral Exploration Expenditures estim…
Stratabound exploring Taylor Brook
With one known mineralized zone in hand, Stratabound Minerals (ASE) has resumed drilling its Taylor Brook base metal property in northern New Brunswick.Work to date has been focused on a small part of…
EDITORIAL PAGE — Gold and the better life
The prerogatives of age and of being a founder — that’s how Peter Munk prefaced a few philosophical remarks he made during Barrick Gold’s recent annual meeting, held in Toronto.His words took the for…
METAL PRICES — FREE MARKET (May 13, 1996)
London Metal ExchangeSpot closing prices in $US per tonneDateMay 7 May 6May 3 May 2 May 1Copper2792-2797 Holiday2750-27552708-27132698-2703Lead872-874 Holiday858.5-859.5831-833 800-810Zi…
PCS boosts earnings
First-quarter income for Toronto-listed Potash Corporation of Saskatchewan (PCS) shot up by nearly one quarter over the same period last year.The potash and phosphate producer earned $63.7 million (or…
Espalau to acquire Quebec properties
Montreal-listed Espalau Mining will acquire three properties near Desmaraisville, Que., near its Bachelor Lake gold mine.The properties are held by a private company which has agreed to sell out for $…
Drilling tests copper-cobalt beds
Widely spaced drilling on the Boleo copper-cobalt property in Baja California Sur, Mexico, is returning more copper-cobalt values for International Curator Resources (TSE).The drilling includes 21 hol…
Teck scans study on Red Chris
Having received a prefeasibility study on the Red Chris copper-gold project in northwestern British Columbia, Teck (TSE) has 90 days to decide whether or not to become operator and finance a final stu…
Meetings (May 13, 1996)
MEETINGSMay 20, FoxgroveMay 21, CandelaMay 21, EQ Res.May 21, First WesternMay 21, GeomaqueMay 21, HaydenMay 21, Inca PacificMay 21, Inter-Rock GoldMay 21, Redbird GoldMay 21, RegeenaMay 21, SaxonyMay…
Agnico-Eagle bullish on LaRonde results
The latest drill results from the LaRonde gold-silver-copper mine of Agnico-Eagle Mines (TSE) should soon enable the company to boost its resource estimate, says President Paul Penna.Drilling at the m…
P.T. Inco completes expansion financing
P.T. Inco now has the money to proceed with the planned expansion of its Indonesian operation.The firm, an Indonesian-based company owned 58.7% by Inco (TSE), has received from international financial…