Placer corrects claim to mine safety record
As a result of a previously unidentified lost-time accident at Placer Dome’s Campbell gold mine, the mine is correcting its claim to a Canadian safety record.Placer Dome reported 1.8 million man hours…
Articles by Northern Miner Staff
Development work under way at Mount Polley
Partners Imperial Metals (TSE) and Sumitomo are developing, under a revised agreement, the Mount Polley gold-copper project in central British Columbia.The new agreement gives Sumitomo a 45% interest …
Charles Fipke eyes Yemen concessions
Charles Fipke, best known for discovering diamonds in Canada’s North, is now searching for gold in Nevada and investigating the mineral potential of Yemen.He is doing so in his new capacity as chairma…
Inco and Cornucopia team up
As part of a strategy to boost international exploration, Inco (TSE) has formed a “strategic alliance” with juniors Cornucopia Resources (TSE) and Carlin Resources (VSE) to develop base metal projects…
Grouse Creek mine gets reprieve from Hecla
The Grouse Creek gold mine in central Idaho will continue to operate for at least one year while the Sunbeam open pit is mined out.The future of the mine had been in doubt since Hecla Mining (NYSE) an…
VBN shares start trading on CDN
Those investors who like the Voisey’s Bay deposit in Labrador as much as Inco (TSE) can continue to invest in the project through “VBN” shares, which will be issued by Inco as part of its proposed tak…
Aussie nickel project attracts interest
Although the Murrin Murrin nickel-cobalt project near Lenora, Australia, is not expected to enter production until early 1998, other nickel producers are watching the project closely, as its processin…
EDITORIAL PAGE — Managing environmental risk
It would seem firefighting is still a popular approach to environmental management for many Canadian companies. That, at least, is the conclusion we can draw from a recent survey on environmental mana…
LETTER TO THE EDITOR — Mines merger in B.C. to increase efficiency
As minister responsible for energy and mining in British Columbia, I want to clarify comments made in your editorial (“Now you see it . . .” in T.N.M., April 1/96) regarding the merger of the former M…
GOLD FUNDS (May 06, 1996)
Gold Funds as of April 25, 1996BGRCentralNet Value$24.70$6.70Price$19.40$6.800Discount21.46%1.5%Value$193,126,000$123,075,240…
STOCK MARKETS — Golds advance as base metals stagnate
The Toronto Stock Exchange enjoyed a steady rise over the period ended April 30, with the TSE 300 composite index reaching a record 5,154.32 before settling back to close at 5,146.47, a modest gain of…
Akiko and Gold Canyon make up
Former partners Gold Canyon Resources (VSE) and Akiko Gold Resources (VSE) have settled their differences over Ontario’s Springpole project.The dispute arose over Akiko’s claim to its right to buy a 2…