Articles by Northern Miner Staff


FMC Gold may go on the market

New York-listed FMC Gold has recruited investment banker Wood Gundy to act as its financial adviser for the possible sale of the company.The company, which is 80%-owned by FMC (NYSE), has as its prima…


Eldorado completes earn-in

A feasibility study for La Trinidad, a gold project in Mexico’s Sinaloa state, has been delivered to Almaden Resources (VSE).The study was the final requirement for Eldorado (TSE) to earn a 51% intere…


Inco puts Indonesian concerns behind it

Nickel giant Inco (TSE) reports that third-quarter nickel production was 12 million lb. less than it had expected, amounting to only 80 million lb.While production is generally lowest in the third qua…



Diamond Fields confirms strike extensions of Voisey

As a result of recent drilling at the Voisey Bay copper-nickel-cobalt project in Labrador, Diamond Fields Resources (TSE) concludes that two other zones of sulphide mineralization exist, one east and …



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’ (…



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…


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