Pangea Goldfields ups reserves at Fenn-Gib
Toronto-listed Pangea Goldfields (TSE) has increased reserves at its Fenn-Gib gold property near Matheson, Ont.Following completion of a 7,500-metre drill program in the Main zone, reserves jumped by …
Articles by Northern Miner Staff
Freeport expands potential of Indonesian operations
Though they may be typical assays for the rich Grasberg deposit, the latest figures reported by Freeport-McMoRan Copper & Gold (NYSE) from its operations in Irian Jaya, New Guinea, would make any geol…
Azco and Princeton announce merger plans
In attempt to form a multi-mine, low-cost copper producer, Princeton Mining (TSE) and Azco Mining (TSE) announced plans to merge into a single company.The proposed merger would see Princeton consolida…
PEOPLE — PAN AMERICAN SILVER — J. Fletcher and Michael Maloney appointed directors; Michel Robert appointed senior vice-president; Anthony Hawkshaw appointed chief financial officer; Ing. Andres Dasso appointed vice-president of Peruvian operations.
PEOPLE — METALLICA RES. — Louis Lepry appointed director.
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…
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…