Platinova gets moly play
Following recent price increases in the molybdenum market, Platinova A/S (TSE) has acquired the Malmbjerg deposit in Greenland. The deposit is 20 km from deep tidewater on the east coast at 72 north l…
Articles by Northern Miner Staff
Princeton drilling Elenita copper project in Chile
At the Mina Elenita copper property in northern Chile, a reverse-circulation drill program is in full swing. The property, situated near Antofagasta, hosts a manto-type oxide copper deposit with an es…
East Africa drilling in Tanzania
Partial assay results received from a shallow drill program on East Africa Gold’s (VSE) Nyakafuru property in Tanzania have confirmed the presence of significant gold mineralization. The 63-hole, 906-…
Juniors swarm near Murgor
Geophysical work — including magnetic, induced-polarization and very-low-frequency surveys — is being carried out by Murgor Resources (VSE) on its 14-claim property near Lebel-sur-Quevillon, Que. Pr…
Daisy could bloom into gold producer
The open-pit proven and probable reserve of the Secret Pass deposit in Nevada is expected to rise to about 18 million tons containing 425,000 oz. gold. The deposit, managed by Inter-Rock Gold (ME) and…
New deals for Major General
In acquiring an option to buy into the Brass Buckle gold property near Springdale, Nfld., Major General Resources (VSE) has expanded its portfolio of Canadian exploration projects. A 70% interest is a…
TSE SHORT POSITIONS (January 23, 1995)
Semi-monthly reports as of Dec 15, 1994 showed 255,885,020 shares of 813 issues compared with 252,151,713 shares of 818 issues on Nov 30, 1994. Larger individual positions included: Aber 57,140; Agnic…
EDITORIAL PAGE — Reserves and resources
Over the years, certain groups and individuals within Canada’s mining fraternity have advocated that steps be taken to set standards for reporting mineral resources and reserves. The need for such sta…
ODDS’N’SODS — A busy little drill bit
When the Helen mine at Wawa, Ont., first underwent an underground stope development program, a series of diamond drill holes was required to locate the F.W. contact over a rather large area. Using the…
Centenario gives boost to Dom. Republic mining
The discovery, in recent years, of the Centenario gold deposit “has been one of the outstanding events” for the mining industry of the Caribbean island of Hispaniola, writes correspondent Gerald Ellis…
INSIDER TRADING — Caledonia execs sell shares
Three senior officers of Caledonia Mining (TSE) exercised options and sold shares in November. According to the Ontario Securities Commission’s OSC Bulletin, senior officer and director Frederick Harv…
PRODUCER PRICES (January 23, 1995)
ALUMINUM: MW U.S. market US93.5 cents-94.5 per lb. (Dec. 30, 1994). ANTIMONY: MW New York dealer US$2.80-2.90 per lb. (Dec. 2, 1994). BISMUTH: MW New York dealer US$3.90-4.10 per lb. (Dec. 23, 1994). …