EDITORIAL PAGE — Tapping our capital markets
Countries the world over are interested in luring North American mining companies to explore and develop projects in their jurisdictions, and thereby revitalize their mining industries. Evidence of th…
Articles by Northern Miner Staff
Spot prices at a glance (March 18, 1996)
Wednesday, March 13, 1996Week’sPrice (US)ChangeGold*$397.40+$3.80Silver*$ 5.58+$0.22Platinum*$413.75+$7.40Nickel**$ 3.64+$0.19Lead**$ 0.37+$0.03Copper $ 1.18+$0.02Zinca$ 0.50…
Caribou mine plan gets nod
East West Caribou Mining, a unit of Breakwater Resources (TSE), has received approval from New Brunswick’s ministries of environment and natural resources to proceed with development of the Caribou an…
Drill results keep HRC Development hopeful at Laguna Verde in Argentina
Junior HRC Development (VSE) is drill-testing the Nordin gold porphyry zone at the Laguna Verde property in Argentina’s Catamarca province.The highly oxidized zone is the site of a reverse-circulation…
Golden Knight tests prospect in Ghana
The first phase of reverse-circulation drilling has been completed on the Abore North zone at the Oda River concession in central Ghana.Forty-five holes, comprising 3,400 metres, tested a gold-mineral…
Band-Ore extends mineralization (March 18, 1996)
Drill holes along strike have intersected more mineralization at the Thorne Twp. property of Band-Ore Resources (CDN), west of Timmins, Ont.Earlier drilling on Band-Ore’s new zone had encountered gold…
Gold Funds (March 18, 1996)
Gold Funds as of March 7, 1996BGRCentralNet Value$23.18$6.77Price$19.00$6.875Discount18.05%1.6%Value$181,266,000$124,432,688…
No Headline (March 11, 1996)
Adrian Resources (TSE) estimates that the Petaquilla project in Panama could produce substantial amounts of copper and gold for at least 38 years.Assuming a daily throughput of 12,000 tonnes, the open…
Golden Queen ups reserves at Soledad
Drilling at the Soledad Mountain project near Mojave, Calif., has boosted proven and probable reserves to 27.8 million tons grading 0.025 oz. gold and 0.42 oz. silver per ton.Golden Queen Mining (TSE)…
Globex and Royalstar terminate proposed Tonkin Springs deal
Based on results of a preliminary review, Globex Mining Enterprises (ME) has decided not to pursue plans to acquire Royalstar Resources’ (TSE) controlling interest in Gold Capital (NASDAQ).Gold Capita…
Westmin, Atna size up Wolverine deposit
The Wolverine deposit in the southeastern Yukon is estimated to contain 3 million tonnes grading 12.99% zinc, 1.27% copper and 1.43% lead, as well as 1.87 grams gold and 350.2 grams silver per tonne.P…
ASE seeks to clarify Naxos assays
The Alberta Stock Exchange has requested further clarification of the assaying techniques employed by Naxos Resources (ASE) at its Franklin Lake property in California.The regulatory concerns are rela…