Hemlo to re-open Golden Giant
Production at the Golden Giant mine near Marathon, Ont., will resume by mid-December, says owner Hemlo Gold Mines (TSE).Production at the mine was halted in late October after monitoring systems indic…
Articles by Northern Miner Staff
DIAMOND NEWS ROUNDUP — Redaurum buys majority stake in South African producer
The largest Canadian-based diamond producer, Redaurum (TSE), is about to get larger.The company has entered into an agreement to buy an 80% interest in a producing alluvial diamond mine in South Afric…
Armistice aims to boost reserves
Interim results of underground drilling at the Sheldon-Larder property suggest there is potential to increase re-serves substantially, says owner Armistice Resources (ME).So far, about 8,000 ft. have …
COMMENTARY — Mining and communities
So-called indigenous people number about 300 million. They live in 70 countries and belong to roughly 4,000 cultural groups. They have historical continuity with pre-colonial societies, and are often …
Orvana expands in Bolivia
Orvana Minerals (TSE) has acquired a gold-copper project in eastern Bolivia, which it believes could enter production by 1997.The company recently reached an agreement to acquire the Don Mario gold-co…
MES meeting will feature base metals
Patricia Mohr, vice-president of economics for the Bank of Nova Scotia, will discuss the outlook for base metal prices at a Toronto meeting of the Mineral Economics Society (MES), to be held Nov. 23.M…
STOCK MARKETS — Labrador winter puts freeze on investor interest
Except for the odd pocket of excitement, western markets are following their usual boring shuffle through the fall period.For the trading week ended Nov. 14, the Vancouver Stock Exchange resource and …
Companies (November 20, 1995)
INDEXAberAfriOreAmerica Min.FldArmisticeAsarcoAsia PacificBand-OreBarrick GoldBHP Min. CanadaBotswna DmdfldsCamecoCdn States GasChampion BearComaplex Min.,Cons NewgateCumberland,Cyprus AmaxDiabior…
HRC gears up for work on Andes
Exploration is set to resume on the Andes project in northwestern Argentina. Joint owners Eldorado (TSE) and HRC Development (VSE) reached an agreement with Cameco (TSE), giving that company the right…
Ontario plans amendments to Mining Act to reduce red tape
Proposed amendments to Ontario’s Mining Act will simplify and streamline the process of mine closure in the province, the Ministry of Northern Development and Mines promises.Changes include the replac…
METAL PRICES — FREE MARKET (November 20, 1995)
London Metal ExchangeSpot closing prices in $US per tonneDateNov. 14Nov. 13Nov. 10Nov. 9Nov. 8Copper3018-3023 3032-3037 2947-2952 2990-29952967-2972Lead684-685 684-685 688-689 679-680 671-6…
Partners focus on Rainy River
Two companies with substantial land positions in the Rainy River area of northwestern Ontario have signed an agreement that will see each hold a 4.9% working interest in the other’s properties.Nuinsco…