Northern Miner
Working in the Kyle Lake diamond property in northeastern Ontario, partners KWG Resources (TSE) and Spider Resources (ASE) have started their new exploration program with a bang.Numerous nodules of ec…
Articles by Northern Miner Staff
Producer prices (March 04, 1996)
ALUMINUM: MW U.S. market US75.5 cents-76.5 cents per lb. (Feb. 16, 1996).ANTIMONY: MW New York dealer US$1.85-1.95 per lb. (Feb. 23, 1996).BISMUTH: MW New York dealer US$3.95-4.05 per lb. (Feb. 16, 19…
Exall and Mazaruni test alluvial project
Exploration has resumed at the Mazaruni River alluvial gold and diamond project in Guyana.The prospect is held equally by Exall Resources (TSE) and Mazaruni Minerals (ASE), which are planning to compl…
Partners start exploration programs at property in Northwest Territories
Field activities are set to begin on the NOT #1 diamond property in the Lac de Gras area of the Northwest Territories.The project is a joint venture among Ashton Mining of Canada (TSE), with 50%, Noro…
Cominco to sell interest in Snip mine
International Skyline Gold (TSE) has reached a tentative agreement to acquire Cominco’s (TSE) 60% interest in the Snip underground gold mine in northwestern British Columbia. The purchase price is $55…
Blue Emerald Res. to buy Timmins area claims
Blue Emerald Resources (VSE) will acquire 47 claims in Price Twp., south of Timmins, Ont. The claims are 2 miles southeast of Band-Ore Resources (CDN) Thornloe Twp. property, where a gold discovery wa…
Companies (March 04, 1996)
HomestakeAsia PacificCons North CoastTan RangeRio AlgomSuttonFree Port McMoRanRTZPhelps DodgeNorandaAquiline ResChase ResAzcoCartaway ContPeruvian GoldSilver Ridge ResBarrick GoldAdex MiningAgnico…
BHP and Centurion form JV in Utah
..LCenturion Mines (NASDAQ) has signed a joint-venture agreement with BHP Minerals, a division of BHP (NYSE), for a project in the West Tintic mining district, 70 miles southwest of Salt Lake City, Ut…
Freeport reports big jump in year’s earnings
With higher earnings and increased reserves, Freeport McMoRan Copper & Gold (NYSE) ended 1995 on a positive note.Income from its operations in Irian Jaya, Indonesia, increased 30% for the fourth quart…
Globex to buy stake in Tonkin Springs
Globex Mining Enterprises (TSE) has entered into an agreement that could see the company acquire a controlling interest in Gold Capital Corp., which operates and owns a 60% interest in the Tonkin Spri…
Eastmain cuts zinc, gold at Akweskwa property
Drill results at the Akweskwa property of Eastmain Resources (CDN) have revealed that zinc mineralization exists alongside the gold previously discovered.Hole 95-05 intersected bedded pyrite-sphalerit…
Campbell boosts earnings, reports record output
In 1995, Campbell Resources (TSE) accomplished a triple feat: it almost doubled its earnings from the previous year; reported record gold production; and increased minable reserves at all its mine pro…