NEWS ROUNDUP — Major potash sale to China
Potash producers in Saskatchewan are selling 800,000 tonnes of their product to China. The sale by Canpotex, the producers’ offshore sales agency, is the single largest order ever sent to China and wi…
Articles by Northern Miner Staff
River Gold advances Eagle River
Junior River Gold Mines (TSE) is hoping to have its Eagle River gold project in northeastern Ontario in production by August, 1995. The company is also planning to spin off its Moss Lake project into …
Metalore drilling in Beardmore area
A drill program is under way at several gold prospects in the Beardmore area of northwestern Ontario, Metalore Resources (TSE) reports. One hole on the Watson Lake prospect and four holes at the easte…
Resource outlined at Caber
Vancouver-based BHP Minerals Canada has completed a third phase of diamond drilling on Southern Africa Minerals’ (ASE) Caber base metals property near Matagami, Que. The first phase tested the contact…
IGR drill program confirms Bibiani potential
A drill-indicated resource has been estimated for the Bibiani project in Ghana, West Africa. The deposit, owned by Toronto-listed International Gold Resources (IGR), contains about 10.5 million tons a…
Golden Tag discovery at Verneuil
A second gold zone has been discovered on Golden Tag Resources’ (VSE) Verneuil Twp. property 160 km northeast of Val d’Or. The Midrim zone was intersected in two holes drilled by project operator Free…
Black Hawk cuts more nickel at Redstone
Three holes drilled on Black Hawk Mining’s (TSE) Redstone nickel property south of Timmins, Ont., have intersected additional nickel mineralization. The holes were drilled to test the downdip extensio…
Spot prices at a glance (December 19, 1994)
Week’s Price (US) Change Gold* $378.35 – $1.45 Silver* $4.77 + $0.08 Platinum* $409.65 + $5.75 Nickel** $3.75 – $0.27 Lead** $0.28 $0.00 Copper $1.34 + $0.02 Zinc $0.49 – $0.01 Courtesy of Scotiabank….
COMMENTARY — Restructure reclamation funds
Mining is an integral part of Canada’s economy, and without necessary steps taken by the federal government, this vital national industry will wither away, says Wayne Fraser, a professional engineer a…
Gold exploration projects studied
An analysis of various gold exploration projects around the globe is available from Mining Investment Service of Tucson, Ariz. The report lists 323 deposits and analyzes their prospects with regard to…
Public participation funding awarded
The federal government will provide $61,600 worth of assistance under the Participant Funding Program, to help individuals and groups participate in the environmental assessment review of the decommis…
SGS Open House, Manitoba convention draw delegates
More than 300 representatives of industry, government and universities attended the 25th anniversary Open House of the Saskatchewan Geological Society (SGS) in Saskatoon. In Winnipeg, the 1994 Manitob…