Franco-Nevada swallows Redstone
Franco-Nevada Mining (TSE) has succeeded in taking over Redstone Resources, its major shareholder.Franco offered Redstone shareholders one Franco-Nevada common share for every 20 Redstone shares held….
Articles by Northern Miner Staff
Arequipa enlarges surface area of gold zone
Test-pitting at the Pierina property in the northern Peruvian province of Ancash has enlarged the surface area of a potential ore-grade gold zone.In a second phase of sampling, Arequipa Resources (TSE…
Yanacocha mine pours millionth oz. of gold
Newmont Gold (NYSE) and its partners at Minera Yanacocha in Peru have poured their one-millionth ounce of the yellow metal.The open-pit, heap-leach mine, 375 miles north of Lima, started up in August …
Great Central to double output
Australian-based Great Central Mines (NASDAQ) expects its gold production in the first quarter will be double that of the previous 3-month period.The company produced 48,291 oz. gold at a cash operati…
Junior leads the way in Timmins exploration
With airborne geophysical work nearing completion, Leader Mining International (ASE) is looking to begin drilling its Nettogami Lake base metal property by March.The 274-sq.-km property, 180 km north …
PEOPLE — ORCANA
Geordie Trusler and James Anthony appointed directors.
Astoria closed by Yorbeau
Faced with the continuing cost of keeping the Astoria mine on standby, Yorbeau Resources has decided to close it.The company will remove underground equipment from the mine, 3 km south of Rouyn, Que.,…
Soquem, Tiomin work North Shore
The Annic joint venture, an equal partnership between Tiomin Resources (ME) and Quebec Crown corporation Soquem, has acquired 53 sq. km on the North Shore of the Gulf of St. Lawrence in Quebec.The joi…
Armistice private placement approved
Armistice Resources (ME) has completed a private placement of flow-through shares, raising $810,000 for exploration drilling and development at its Sheldon-Larder gold property east of Kirkland Lake, …
Minorca Res. gets two CoWs
Minorca Resources (ME) will join with Indonesian-based PT Askatindo Karya Mineral to develop properties held by the latter in that country.Two of the Contracts of Work are on the island of Kalimantan,…
Copper Rand drilling confirms new resources
Seven more exploration holes have been drilled at depth in the Copper Rand mine near Chibougamau, Que., and owner MSV Resources (TSE) describes the results as “most promising.”MSV embarked on a drill …
Companies (February 12, 1996)
INDEXAfrican MineralAkiko GoldAlberta EnergyAlta GoldAltai Res.Arequipa Res.Armistice Res.Asquith Res.Aur ResourcesAvalon VenturesBarrick GoldBHP MineralsBlack Hawk M’gBoron ChemicalsBreX MineralsBrea…