Diadem releases drilling results
Drill logs and partial assays from the Pekan River property in Quebec are lending encouragement to Diadem Resources (ME).The results show that the four holes drilled on the property, 60 km south of Wa…
Articles by Northern Miner Staff
U.S. government sues Idaho silver miners
The U.S. federal government is taking four mining companies to court over alleged environmental damage in the historic Coeur d’Alene mining district of northern Idaho.Asarco (NYSE), Sunshine Mining an…
Cominco operations in the black
With the exception of the Glenbrook nickel operation in Oregon, all of Cominco’s (TSE) operations made money in 1995.Total operating profit for the year was $302 million, almost double the $172 millio…
Placer plans drilling west of Detour Lake
Placer Dome (TSE) continues to drill its Fault Lake property and other western extensions of its Detour Lake gold deposit, 220 km northeast of Timmins, Ont.The property has been optioned from Pelangio…
SME’s annual meeting breaks attendance records
New attendance records were set when more than 4,600 mining professionals gathered at the Phoenix Civic Plaza for the 1996 annual meeting and exhibition of the Society for Mining, Metallurgy and Explo…
PEOPLE — ABER RES. — John Lamacraft appointed director.
ADIKANN — Barry Coughlan elected director.ALPINE EXPL. — Douglas MacQuarrie appointed director.AMERICAN BULLION — John Heathcote appointed director.BARD SILVER & GOLD — Eugene Beukman appointed di…
Gem River acquires tourmaline project
Following an agreement in principle, Gem River (ASE) will acquire Jean Boulle’s 100% interest in Maine Resources.The deal will see Boulle, co-chairman of Diamond Fields Resources (TSE), receive 500,00…
Redaurum recovers more diamonds
Since the start of the year, Redaurum (TSE) has sold diamonds from all four of its operating properties, resulting in an average price per carat of US$141.That figure, however, excludes the sale of an…
TSE INDICES (April 01, 1996)
= 1996 = Mar 26 Mar 25 Mar 22 Mar 21 Mar 20 High LowComposite “300” 4985.21 4967.27 4952.63 4946.74 4961.34 5066.79 3983.34Metls & Minerals 5403.84 5343.08 5335.86 5346.12 5381.70 5463.82 3273.56 I…
METAL PRICES (April 01, 1996)
FREE MARKETLondon Metal ExchangeSpot closing prices in $US per tonneDate March 26 March 25 March 22 March 21 March 20Copper 2546-2526 2529-2531 2532.5-2534.5 2562-2564 2542-2544Lead 818-823 826-8…
GeoNova advances Quebec properties
The efforts of GeoNova Explorations (ME) in northwestern Quebec have been rewarded with an increased mineral inventory at its Desjardins gold property.The property, west of Lebel-sur-Quevillon, is now…
Glamis drops option on Mexico’s Jojoba
Following completion of a 21-hole drill program on the Jojoba gold prospect in Mexico, 87 km south of Nogales, Glamis Gold (TSE) has opted to drop the property.The company held an option to earn a 75%…