Articles by Northern Miner Staff



Placer looks to Central Asia

An agreement with the government of Kazakhstan will see Placer Dome (TSE) branch into Central Asia. Placer, through subsidiary Placer Kazakhstan (PK), signed a binding agreement with the Kazakh govern…


Mining company forms alliance with contractor

An agreement-in-principle sets the stage for a mining company and a contract miner to develop the Peregrino copper-gold project in Chile, as well as other, less advanced projects in that country and P…



Imperial teams with Sumitomo

Development work is being accelerated now that financing is at hand for the Mount Polley copper-gold project in central British Columbia. Imperial Metals (TSE) reached an agreement with Japan-based Su…



Exploration gives life to Red Lake mine

The discovery of new reserves below current working levels at the Red Lake gold mine in northwestern Ontario has given the project new life. Owner Goldcorp (TSE) has budgeted $10 million, including $6…


Kennecott out of Hanover JV

Citing an unsatisfactorily small land position, Kennecott has withdrawn from a joint venture with Hanover Gold (NASDAQ) in southwestern Montana. (An increase in reserves was needed to meet Kennecott’s…


Minorca pitches plan to creditors

The owners of Minorca Resources (ME) are hoping to reach a settlement with creditors which will allow the company to expand its development plans for the Donalda gold mine near Rouyn-Noranda, Que. Min…


Companies drill in Cuba

A new area of base metal mineralization has been uncovered at the San Fernando project in central Cuba, Holmer Gold Mines (ASE) reports. The junior says hole 1, designed to test an anomaly north of th…


Placer Dome to swallow Equity

Management of Placer Dome (TSE) is offering minority shareholders of Equity Silver Mines (TSE) 70 cents each for all the shares Placer does not already own. Placer already holds 58.8% of Equity’s outs…


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