Greenstone’s mine looking rosy
The first bar has been poured at Central America’s largest gold mine, the Santa Rosa.To date, more than 400,000 tonnes of ore have been extracted from the Panamanian open-pit operation, which is owned…
Articles by Northern Miner Staff
Int’l Curator tops treasury
A brokered private placement will raise up to $8.7 million for International Curator Resources (TSE).Sprott Securities will sell a minimum of 1 million and a maximum of 3.5 million special warrants at…
Aussie major options Meliadine property
A major mining company has positioned itself to gain a stake in the Meliadine gold property near Rankin Inlet, N.W.T.The joint venture is currently owned by Cumberland Resources (VSE) and Comaplex Min…
EDITORIAL PAGE — Goodbye, Bob Rae
Ontario voters said goodbye and so long to Premier Bob Rae, the well-meaning but hapless leader of the province’s New Democratic Party (NDP). Michael Harris’s “Common Sense Revolution” obviously struc…
Idaho property attracts new player
A new partner is at hand for the Almaden property in western Idaho.K.-based Compass Capital can earn a 60% interest from Ican Minerals (TSE) by funding a final feasibility study, to be completed by Fe…
Weaker copper prices predicted
The global copper market will experience a surplus next year, causing average cash prices to fall below US$1 per lb., according to industry analyst Bloomsbury Mineral Economics.In its latest monthly r…
EDITORIAL PAGE — A good deal for Canada
Inco’s recent decision to acquire a 30% direct and indirect interest in the Voisey Bay project is an extraordinary deal for Diamond Fields Resources, which retains a majority stake in the deposit and …
Mines in B.C. play it safe
Mines Minister Anne Edwards presented safety awards to 10 British Columbia mines during the province’s Mining Week.The Occupational Health and Safety Committee trophy for the best overall health and s…
Odds ‘n’ Sods — Balancing the books at Pioneer
The Main vein, a magnificent, gold-bearing structure which had sustained the Pioneer mine for more than 20 years, was coming to an end at a vertical depth of 4,500 ft. However, a new structure, the 27…
Coal demand on the increase
Tight supply and rising demand will result in a rise in world coal prices over the next two years, according to trade sources at an international coal conference held recently in Indonesia.Roger Wicks…
Welcome North tops up treasury
A private placement of 7.2 million units priced at 25 cents each gives Welcome North Resources (VSE) working capital to fund acquisitions.The company will seek shareholder approval for a 1-for-8 rollb…
Toronto Stock Exchange Indices (June 19, 1995)
— 1995 — June 13June 12June 9June 8June 7HighLowComposite”300″4492.104466.834463.554479.904476.334494.093983.34Metals&Minerals4322.544324.164301.784342.394350.524409.893273.56I…