Shareholders approve Royal Oak acquisitions
Shareholders of Geddes Resources (TSE), El Condor Resources (VSE) and St. Philips Resources (VSE) separately approved a previously announced plan of arrangement which will result in Royal Oak Mines’ (…
Articles by Northern Miner Staff
LABRADOR NEWS ROUNDUP — Drilling continues at Boundary Block
Preliminary drilling on the Boundary Block of claims 75 km northwest of the Voisey Bay discovery in Labrador has returned only anomalous copper, nickel and cobalt values.Dragoon Resources (VSE) and Co…
Loki finances heap leaching in Yukon
A private placement of 11.2 million special warrants has netted more than $20 million for Loki Gold (TSE), clearing the way for heap-leach production at the Brewery Creek gold project in the Yukon.Eac…
Queenstake drops Kazak copper project
Following a due diligence review, Queenstake Resources (TSE) has opted to drop its option to acquire an interest in the Kenjetal copper project in Kazakhstan.The company determined that although the s…
Ecuadorian boosts resource at Gaby deposit
In southern Ecuador, the gold resource for the Gaby gold deposit has doubled following a geologic evaluation of drill results.Some 72,160 ft. of reverse-circulation and core drilling were used to expa…
KWG picks up Cuban properties
Two Cuban properties have changed hands in a deal signed between Republic Goldfields (VSE) and KWG Resources (TSE).Under the agreement, which still requires the approval of securities regulators, KWG …
CIM sheds light on mining automation
The Vancouver branch of the Canadian Institute of Mining, Metallurgy and Petroleum is hosting a talk on automation and its impact on the mining industry.Dr. Gregory Baiden, manager of mines research a…
Construction to proceed at Tonkin Springs
Construction permits are in hand for the Tonkin Springs heap-leach gold project in central Nevada.The project is owned 60-40 by NASDAQ-listed partners Gold Capital and U.S. Gold. (Gold Capital, in tur…
Mineral economics meeting set for Montreal in March
The fifth annual conference of the Mineral Economics & Management Society (MEMS) will be held in Montreal, March 28-30, 1996.The title of the conference is The Mineral Industry: Responding to the Glob…
STOCK MARKETS — Markets turn upward but golds are thumped
The Toronto Stock Exchange recovered from the previous week’s slight decline, posting a gain of 43.30 points or 1%, closing Tuesday, Oct. 17, at 4,515.60.The TSE posted most of that gain on Friday in …
Sullivan wins mine rescue competition
Thirteen teams competed in the 1995 International Western Regional mine rescue competition, held recently in Fernie, B.C.The Cominco Sullivan team was the overall winner in the underground events, whi…
Int’l zinc conference in February
The fifth annual International Zinc Conference will convene in Palm Springs, Calif., Feb. 25-28, 1996.The event is being sponsored by the American Zinc Association, which is offering a full-day sessio…