Caledonia intersects mineralization at Kadola
Reverse-circulation drilling by Caledonia Mining (TSE) at its Kadola property, a 2,179-sq.-km exploration concession south of the Zambian copper belt, has encountered copper and gold mineralization.Ho…
Articles by Northern Miner Staff
Diavik bulk sample reflects past results
Initial processing of an underground bulk sample from the A-154 South pipe at the Diavik diamond project in the Northwest Territories is returning grades comparable to an earlier mini-bulk drill sampl…
Aurizon cash flow slipped in ’95
Cash flow for Aurizon Mines (TSE) dipped to $4.4 million (or 12 cents per share) in 1995 from the $7 million (20 cents per share) reported in 1994.The company holds a half interest in the Sleeping Gia…
PRODUCER PRICES (April 08, 1996)
ALUMINUM: MW U.S. market US76-77 cents per lb. (March 22, 1996).ANTIMONY: MW New York dealer US$1.85-2.00 per lb. (Feb. 29, 1996).BISMUTH: MW New York dealer US$3.90-4.05 per lb. (Feb. 29, 1996).CADMI…
Northern Crown drills in Mexico (April 08, 1996)
Drilling is under way on nine targets at the Mesa Galindo project in Mexico.Northern Crown Mines (VSE) has received results from eight holes drilled on three separate bulk-tonnage targets, which retur…
Birim extends Mampon showing
Drilling by Birim Goldfields (CDN) on the Dunkwa property in Ghana has extended the length of the Mampon zone by 150 metres.Another four holes extended the strike length, which remains open in both di…
Companies (April 08, 1996)
AMT Int’l M’gArchangel DmndArequipa Res.Arimetco Int’lArista Res.Ashanti GldfldsAshtn Mg of CdaAuckland Expl.Aurizon MinesAuspex MineralsBaja GoldBirim GldfldsBlack Hawk M’gBlack Swan GoldBre-X Minera…
Bre-X renews CoWs for Indonesian properties
Directors of Bre-X Minerals (ASE) moved to reassure investors following reports in the financial press that cast doubt on the analytical methods the company has used at its Busang project on the Indon…
Ashanti to increase African property portfolio
In an effort to increase its gold production in Africa, Ashanti Goldfields has announced plans to acquire Toronto-listed International Gold Resources (IGR).IGR’s principal asset is the right to acquir…
METALS COMMENTARY — Changes are expected in cost structure of the nickel industry, study says
A recent study by mining and metal consultants Brook Hunt suggests the cost structure of the nickel industry will be “dramatically altered” by the end of the decade when the significance of the Voisey…
AMT raises funds for copper project
Toronto-listed AMT International Mining has closed an initial public offering of 6.5 million units priced at $1 per unit.Each unit consists of one AMT common share and one AMT common share purchase wa…
Arequipa readies for Peruvian drilling
In preparation for drilling at the Pierina gold project in north-central Peru, Arequipa Resources (TSE) has completed the first 1.8 km of a 5-km access road.Meanwhile, underground sampling of a tunnel…