Mimiska funds Fern Elizabeth
Shares of Mimiska Mining have resumed trading on the Montreal Exchange.Funds from recent financings will be used to explore the company’s wholly-owned Fern Elizabeth gold property in Atikokan, Ont.
Articles by Northern Miner Staff
High River picks up Russian gold producer
Another Canadian company has found a ready market for its financing experience in the former Soviet Union. High River Gold (TSE) acquired 22.9% of Buryatzoloto, a Russian joint stock company with two …
Farallon satisfied with Minera Summit agreement
Ownership of the Mexican mineral concessions Campo Morado and La Alina, already under option to Farallon Resources (VSE), is being sought by Summex Mines (VSE).In October 1995, Farallon signed a deal …
COMMENTARY — Deep River wants waste facility
The citizens of Deep River, Ont., want to play host to Canada’s first low-level radioactive waste disposal facility. More than 70% of voters in a September, 1995, referendum were in favor of locating …
Spot prices at a glance (January 22, 1996)
Wednesday, January 17, 1996Week’sPrice (US)ChangeGold*$398.90+$2.15Silver*$ 5.49-$0.05Platinum*$419.75+$3.90Nickel**$ 3.54+$0.12Lead**$ 0.32+$0.01Copper $ 1.18$0.00Zinca$ 0.47+$0…
EDITORIAL PAGE — A Superfund model
We’ve said it before, and we’ll say it again: government agencies should stay out of the environmental remediation business, for the simple reason that private interests can do the job better, and at …
Caldera keeps up kimberlite quest
No kimberlite has been found in early drill results from the Abminga diamond project in South Australia.The project is a joint venture between Montreal-listed Caldera Resources (formerly Bishop Resour…
Newhawk selling Bruceside interest
A decision to focus on North American precious metal properties in areas with existing infrastructures has prompted Newhawk Gold Mines (TSE) to seek a buyer for its 60% interest in the Bruceside prope…
Minto Explorations on fast track to production in the Yukon
A positive feasibility study on the Minto copper-gold-silver project in the Yukon estimates yearly copper output at 27 million lb. at a cash cost of US57 cents per lb. net of gold and silver credits.O…
Producer prices (January 22, 1996)
ALUMINUM: MW U.S. market US78.75 cents-79.75 cents per lb. (Jan. 5, 1996).ANTIMONY: MW New York dealer US$2.00-2.20 per lb. (Dec. 8, 1995).BISMUTH: MW New York dealer US$4.10-4.30 per lb. (Dec. 8, 199…
KWG, Falconbridge strike Caribbean deal
KWG Resources (TSE) and Falconbridge (TSE) subsidiary Falconbridge International Investments have reached an agreement under which KWG will earn an interest in three Falconbridge properties in the Dom…
Caledonia invests in Holmer
The mineral potential of Cuba and the large land package held in that country by Holmer Gold Mines (ASE) have prompted Caledonia Mining (TSE) to pursue an investment position in that company.Caledonia…