Newmont opens heap-leaching JV in Uzbekistan
Standing atop the Muruntau pit in this former Soviet republic, the mind boggles at the immensity of the operation. Indeed, the excavation is on record as being the largest ever created for a mining op…
Articles by Northern Miner Staff
Aurex revises acquisition terms
Junior producer Aurex Resources (TSE) has restructured its agreement to acquire a 70% interest in Compania Minera San Esteban Primera.San Esteban owns and operates three producing copper-gold mines in…
Companies (June 12, 1995)
AberAdex MngAG ArmenoAgnico-EglAkiko GldAlmadenAmax GoldAmrcn BullnAmrcn ManorArequipaArielAsarcoAurexAurizonBarrick GldBema GoldBirim GldfldsBitechBruneauBrunswick M&SCaledoniaCamecoC…
Cominco ups Resources offer
Terms of the proposed take-over of Cominco Resources International (TSE) by its parent and 55.6% owner, Cominco (TSE), have been revised upward.Minority shareholders of Cominco Resources recently appr…
Brunswick facility moving
The concentrate-handling facilities of Brunswick Mining and Smelting (TSE) are moving from Dalhousie, N.B., to nearby Belladune next year.The cost of the new facilities in Belladune is estimated at $1…
Refugio beating the clock
Construction of the Refugio gold mine in Chile is six to eight weeks ahead of schedule.Partners Bema Gold (TSE) and Amax Gold (NYSE) began construction in November, 1994, under a fixed-price contract,…
Diamond Fields aims to advance Voisey Bay
Advanced negotiations between Inco (TSE) and Diamond Fields Resources (TSE) could result in an agreement whereby the large nickel producer acquires an interest in Diamond Fields’ Voisey Bay nickel-cop…
Ariel busy in Costa Rica
Preliminary results from a 4,500-metre drill program completed by Ariel Resources (VSE) on the San Martin mine and Sierra group properties in Costa Rica suggest that three zones found on the propertie…
Colorada potential entices Glamis
Just one day after Eldorado (TSE) held its annual meeting and approved a shareholders’ rights protection plan, Glamis Gold (TSE) made an unsolicited takeover bid for the company.Glamis Vice-president …
Year off to good start for Noranda
The first quarter of 1995 was the most profitable in six years at Noranda (TSE).The company’s first-quarter earnings jumped to $158 million from $44 million for the same period in 1994. Revenue rose t…
Fairfield pulls high-grade gold values
Underground drilling is returning multi-ounce gold values at the Siwash North project owned by Fairfield Minerals (TSE) near Merritt, B.C.Fairfield is in the midst of a 25,000-ft., 200-hole, undergrou…
Permits awaited for Huckleberry
New Canamin Resources (TSE) has applied for a mine development certificate for its Huckleberry project near Smithers, B.C. The company expects to receive the certificate in late August or early Septem…