Diamonds found in French Guiana
Toronto-listed Guyanor Ressources has discovered diamonds in a metamorphosed ultramafic rock within its Dachine permit area in French Guiana.Guyanor, which is 70% owned by Golden Star Resources (TSE),…
Articles by Northern Miner Staff
Guyana Gold aims to expand Sabi
Production from the Sabi gold mine in Zimbabwe is being expanded.Since it acquired a 55% interest in the mine 10 months ago, Guyana Gold (TSE) has extracted 10,071 oz. from the mine at a cash cost of …
Sharpe gains Labrador claims
CDN-listed Sharpe Energy & Resources has acquired a 35% interest in 400 claims in southern Labrador.The claims, which cover the 100-km-long Kyfanan Lake intrusion, are jointly held by Peruvian Gold (V…
Adex makes gains at Mount Pleasant
The financing necessary to put New Brunswick’s Mount Pleasant polymetallic mine back into production may be forthcoming, Adex Mining (TSE) reports.Discussions include both equity and debt arrangements…
Minco gains stake in Chinese property
An agreement with Pacific Canada Resources (PCR), a private, arm’s-length company, gives Minco Mining & Metals (VSE) the right to acquire an interest in a portfolio of Chinese base and precious metal …
INSIDER TRADING — Cornucopia execs exercise options
Since December 1995, several senior officers of Cornucopia Resources (TSE) exercised options and acquired shares, which were later sold.According to the Ontario Securities Commission’s OSC Bulletin, D…
INVESTMENT COMMENTARY — Exposure to foreign projects boosts High River Gold’s potential
A new gold mine in Manitoba and a growing roster of international projects have enhanced the growth potential of High River Gold Mines (TSE).Mining analyst David James of Canaccord Capital describes t…
Meetings (March 18, 1996)
March 26, Classic Gold — annual, generalMarch 26, Dome Mountain — annual, generalMarch 26, Oliver Gold — annual, generalMarch 26, Wharf — specialMarch 26, Yukon Spirit — annualMarch 27, Gulfstrea…
Patrician and JCI to form alliance
South African-based JCI intends to acquire up to a 20% interest in Patrician Gold Mines (ASE).The senior producer has signed a letter of intent to buy 2 million Patrician special warrants at 75 CENTS …
Stellar to acquire Philippine ground
The Vancouver Stock Exchange has granted approval to Stellar Gold to acquire two nickel properties in the Philippines.The Palawan and Surigao properties contain about 187 million tonnes grading 1.4% n…
Pioneer aims to reactivate Puffy Lake
Success eluded Pioneer Metals (TSE) the first time it attempted to bring the Puffy Lake mine to production. But, armed with a new operating plan, the company is taking steps to reactivate the former p…
Inco bid was rejected by Diamond Fields
At a recent press conference, Robert Friedland, co-chairman of Diamond Fields Resources (TSE), confirmed that his board shot down a proposal from Inco (TSE) that would have seen the nickel giant incre…