Articles by Northern Miner Staff

South African mining house Gencor and British-based mining group Lonrho are setting up a joint company to develop gold mines in the former Soviet Union. The new company will be equally owned and will …

Further drill-testing of the Grizzly zone is in progress at the Golden Bear mine property in northwestern British Columbia. Owner North American Metals (VSE) plans to drill 4,200 metres in a 31-hole p…

With a one-for-five roll-back now behind it, Cream Minerals (VSE), formerly known as Cream Silver Mines, is ready to start anew. The company recently arranged a private placement of 400,000 units at 3…

Reverse-circulation drilling has wound down on Dakota Mining’s (TSE) Gilt Edge gold mine near Deadwood, S.D. The 9,475-ft. program was aimed at extending the Anchor Hill orebody. As of December, 1993,…

Two New York-listed companies — Asarco and Coeur d’Alene Mines — have combined certain assets, thereby forming a new company. The new entity, known as Silver Valley Resources, holds the fully develo…

With mining well under way at its wholly owned Santa Rosa gold mine in Panama, Greenstone Resources (TSE) has paid off a US$5-million promissory note prior to its due date. The note, payable to Freepo…

A stock repurchase program in which up to 300,000 common shares of USMX (NYSE) were to be acquired has been extended. The program was to have expired Dec. 31, 1994, but was extended until March 31, 19…

To position itself closer to its exploration projects in Southeast Asia, Vancouver-based Pan Pacific Gold (VSE) is establishing two base operations, one in Hanoi, Vietnam, and the other in Beijing, Ch…

Salt Lake City-based Kennecott Exploration has drilled six widely spaced HQ holes (2.5 inches in diameter) on a gold-copper property in Honduras. The 52-sq.-mile concession is held by Milagro Minerals…

A name change has been proposed for Castle Minerals (VSE), along with a share consolidation on a 2-for-1 basis. (The company has 30.6 million common shares outstanding.) In other activities, the junio…

Australian-based resource giant Broken Hill Proprietary (BHP) experienced a jump in sales and other revenues for the 6-month period ended Nov. 1, 1994. The 10% rise was in part due to the improved per…

Additions to management and a planned change of focus will take Pallaum Minerals (ASE) to Papua New Guinea in quest of gold. Trading in the issue is currently halted at the company’s request while a r…