Reclamation fund to cover costs
Mining operations at Faro, Y.T., date back to the late 1960s, and, as a result, a significant amount of tailings and waste dump material has accumulated.Drainage water within the disturbed area is cur…
Articles by Northern Miner Staff
PEOPLE — AUDREY RES.
Robert Despres and Andre Fortier appointed directors.
Stock Markets — Base metal stocks rise in generally quiet market
The Toronto Stock Exchange moved in a very narrow range during the report week ended Aug. 23, and on comparatively little economic news. The TSE 300 composite finished the period at 4601.68, a gain of…
Studies firm up Komis deposit
A feasibility study by project operator Waddy Lake Resources (TSE) and Kilborn Engineering is giving shape to the Komis gold deposit in northern Saskatchewan.The feasibility calculated proven and prob…
Jordex Resources opts to sell portion of Loma de Hierro
Joint-venture partners Jordex Resources (TSE) and Venezuelan company Corporacion Caracas have filed notice that they intend to sell a further 75% interest in the Loma de Hierro laterite nickel deposit…
Exploration by Wheaton River boosts tonnage at Ursa zone
The first phase of this year’s exploration work on the Golden Bear mine property in northwestern British Columbia is complete.Wheaton River Minerals (TSE), which controls the property through majority…
Minnesota Geologic Survey releases new field-mapping data
The Minnesota Geological Survey (MGS) has released a geologic map of the state’s east-central region at the scale of 1:100,000.The map is a product of recent field mapping, analysis of existing drill …
OK Tedi compensation agreement signed
The government of Papua New Guinea and its partners in the Ok Tedi copper-gold mine have signed a compensation agreement aimed at ending a claim for environmental damages launched by local landowners….
Senate spares Bureau of Mines
The U.S. Bureau of Mines received a vote of confidence when the Senate approved US$128 million for continued operation of the agency in its Department of Interior appropriations bill.In July, the Hous…
Gold funds (August 28, 1995)
Gold Funds as of August 22BGRCentralNet Value$18.01$6.73Price$14.50$6.50Discount19.47%3.4%Value$140,780,000$117,645,450…
Golden Shamrock raises funds for work program in Ghana
Holders of special warrants issued by Australian-based Golden Shamrock Mines (TSE) will be issued 7.5% convertible debentures. The offering has a total face value of US$25 million.Golden Shamrock will…
Birim drills on Ghanaian prospect
Reverse-circulation drilling will commence at the Dunkwa gold property in the Obuasi gold belt of Ghana.Birim Goldfields (CDN) has contracted an initial 2,000 metres of testing on the Mampon occurrenc…