Sutton management wins round of proxy fight
The proxy battle for control of Sutton Resources (VSE) is over for the time being.At a recent meeting, management of Sutton overturned an attempt by James Sinclair to replace the entire board of direc…
Articles by Northern Miner Staff
Gitennes options properties in Cajamarca-Huamachuco region
A large group of mineral properties in Peru has caught the attention of Gitennes Exploration (ASE).The junior holds an option to acquire ground in the Cajamarca-Huamachuco region, where several major …
Bulk-tonnage deposit sought at Taurus
While it was high-grade veins that initially attracted International Taurus Resources (VSE) to its namesake property near Cassiar, B.C., partner Cyprus Canada is far more interested in outlining a lar…
ODDS’N’SODS — Hats off
Canada Tungsten had commissioned the rapid aerial reconnaissance of 200 miles of access road that spanned the Yukon and the Northwest Territories in order to determine its schedule for winter freighti…
STOCK MARKETS — Chilean find boosts trading on western markets
It has been said that nothing drives the Vancouver Stock Exchange better than hot drill results. And that was the case this week, when Arizona Star Resource reported an impressive, high-grade intersec…
Northfield plans June drill program in Ecuador
Having signed a contract with an Ecuadorian joint-venture partner, Northfield Minerals (TSE) reports that mapping, sampling and trenching are under way at the Nambija Uno gold concession in the South …
Louvicourt, Andacollo to be Aur’s centrepieces
Exploration at the Louvicourt base-metal mine in Quebec and the continued development of the Andacollo copper mine in Chile will command most of Aur Resources’ (TSE) attention in the coming year.Presi…
Canquest to drill its Microgold property
Junior Canquest Resource (VSE) is gearing up to explore prospective ground in British Columbia. In addition to acquiring three precious metals and polymetallic properties, the company has an option to…
EDITORIAL PAGE — Sincerity equals credibility
The past year has not been an easy one for the mining industry, at least on the environmental front. Last summer, Cambior and Golden Star Resources reported an effluent spill at their Omai gold mine i…
Companies (April 22, 1996)
INDICESREG SECTIONAfriOreAmax GoldAshanti GldfldsAshtn Mg of CdaAteba MinesAtlasAur ResourcesBarrick Res.BHP MineralsBlack Swan GldBotswana DmndfdBre-X MineralsBresea Res.Canada Tungsten…
GOLD FUNDS (April 22, 1996)
Gold Funds as of April 11, 1996BGRCentralNet Value$24.07$6.78Price$19.25$7.125Discount20.03%5.1%Value$188,206,000$128,957,513…
COMMENTARY — Responsible mining abroad
Plain common sense and adherence to ethical standards are the best guides to carrying out mining activities in the developing world.Nevertheless, in the words of the great modern thinker and writer, J…