Green light flashes for Collahuasi
Toronto-based Falconbridge (TSE) and joint-venture partner Minorco will spend $1.75 billion to develop the Collahuasi copper project in northern Chile.Collahuasi is one of the world’s largest undevelo…
Articles by Northern Miner Staff
PEOPLE — LYTTON MINERALS — Francois Hoffman appointed chief consultant.
FINANCING (October 09, 1995)
Cabot Creek Mineral Corp. — 1,300,000 shs @ 22 cents per sh.Pioneer Metals Corp. — 7,100,000 shs @ $2.50 per sh.
Echo Bay gets nod for Lamefoot
Development plans are in the works for the Lamefoot gold deposit now that Echo Bay Mines (TSE) has received approval from the U.S. Bureau of Land Management (BLM) to expand its Kettle River operations…
CanTung secures loan for Andacollo
Guarantees from Aur Resources (TSE) will secure a US$55-million loan to Canada Tungsten (TSE) for preproduction development of the Andacollo copper deposit in Chile.Dresdner Bank Canada is providing t…
NEWS IN BRIEF (October 09, 1995)
Consolidated Carina Resources (CCK:VSE) has changed its name to United Carina Resources (UCA:VSE) on a 1-new-for-4-old-share basis.
LABRADOR NEWS ROUNDUP — Fleck seeking drill permits
Fleck Resources (VSE) is applying for drill permits for its 92-claim block immediately west of Diamond Fields’ Voisey Bay claim block in Labrador.The company has identified three magnetite-bearing gos…
Production decision nears for Nugget Pond project
While many Canadian gold miners are flocking to mammoth, low-grade properties in faraway lands, partners Richmont Mines (TSE) and Noveder (ME) don’t mind being out of step with the times.The juniors’ …
Metallica expands resource
Results are in from the six most recent drill holes at the Cerro San Pedro gold-silver deposit near San Luis Potosi, Mexico.Including results of five holes drilled earlier this year, owner Metallica R…
Cambior boosts reserves at Metates deposit
Detailed drilling at its Metates project in northwestern Durango state, Mexico, has enabled Cambior (TSE) to double the gold deposit’s mineral inventory.The company will now turn its attention to the …
STOCK MARKETS — Yukon projects fail to ignite western markets
Western markets entered October on a down note, as the Vancouver Stock Exchange resource index dropped 37.35 points over the report period ended Oct. 3, to close at 1,358.23. The composite index slipp…
Trillion drilling confirms grades
Drill-testing at the Forrest property in Zimbabwe confirms that the gold mineralization exposed on surface persists underground.Trillion Resources (TSE) made the announcement after testing three of ei…