Milestone set in Canadian shipping
A new milestone in Canadian Arctic shipping was set in late December, 1995, when an ice-breaking vessel delivered a cargo of petroleum products to Deception Bay. The cargo was delivered to Falconbridg…
Articles by Northern Miner Staff
Bakyrchik turns to Friedland for cash
Rather than issue more shares, and thereby dilute shareholder equity, management at London-based Bakyrchik Gold has sought a partner for the continued development of the Bakyrchik deposit in Kazakhsta…
Battle looms for control of Sutton
A showdown between management of Sutton Resources (VSE) and Barbara and James Sinclair is set for April 11.The Sinclairs, who hold 1.8 million of Sutton’s 10.4 million outstanding shares, requested a …
Royal Oak hopes to reel in permits for Kemess South
Now that the fate of nine fish appears no longer to be in jeopardy, Royal Oak Mines can proceed with development of its Kemess South copper-gold project in north-central British Columbia, amongst othe…
Carson drill-tests copper-gold in Philippines
Carson Gold (VSE) reports having spent US$740,000 in 1995 drill-testing the Marian copper-gold project in the Philippines.The project, situated on Central Luzon Island, was subjected to 11 holes total…
Cuban project returns gold values
Drilling on the Golden Hill discovery in east-central Cuba has returned gold values in both oxide and sulphide material.Partners MacDonald Mines Exploration (ASE), Golden Hill Mining (CDN) and GeoMine…
Champion to option ground in Ghana
Champion Resources (VSE) intends to enter into a joint-venture agreement with Toscana Resources (VSE), owner of the Tenapu and Gomes properties in Ghana.The deal is contingent on results of auger dril…
Santa Fe to fund work on Radisson projects
A joint-venture agreement has been formed between the Canadian subsidiary of Santa Fe Pacific Gold (NYSE) and Radisson Mining Resources (ME) concerning three of the latter’s gold properties in northwe…
BHP Minerals to earn stake in Stellar’s Palawan project
Stellar Gold (VSE) has agreed to allow BHP Minerals to earn up to a 70% interest in the Palawan project in the Philippines.BHP will be responsible for all costs during the prefeasibility stage. On com…
ODDS’N’SODS — Time to Streamline
In December, 1995, the federal Standing Committee on Natural Resources tabled an interim report which examined mining issues and made specific recommendations to government. The committee was chaired …
Santa Catalina plans work in Mexico
With an option on the Pilar gold property in Mexico now in place, Santa Catalina Mining (VSE) is making exploration plans.The property lies 177 km southwest of Hermosillo in Sonora state, and Santa Ca…
Records set in 1995 for world gold markets
The latest update on the gold market by Gold Fields Mineral Services indicates that new records were established in 1995.On the demand side, fabrication and bar-hoarding accounted for some 3,550 tonne…