Barytex drilling
Drilling by International Barytex Resources (VSE) will further test targets on the Mel property, 80 km northeast of Watson Lake, Y.T. This year’s program, budgeted at $400,000, is aimed at firming up …
Articles by Northern Miner Staff
Manson Creek acquires Venezuelan assets
Toronto-listed Manson Creek Resources can buy all the shares of Bolivariana de Mineria, a Venezuelan company, in return for issuing 250,000 shares and paying $143,880 cash. Bolivariana has a 75% inter…
Pan American acquires Hog Heaven silver play
The recent acquisition of the Hog Heaven property in Montana represents a first step for Pan American Minerals (TSE) to become a pure silver company. The junior is headed by Ross Beaty, also president…
Goldbelt Res. JV progressing
A private placement will give Goldbelt Resources (VSE) an initial $4.3 million to fund further development of its gold tailings joint venture in Kazakhstan. The junior is earning a half interest from …
Manitoba Mineral sells Trout L. stake
Residents of Flin Flon, Man., received good news this week when Manitoba Mineral Resources (MMR), a crown corporation, sold its 27% interest in the Trout Lake base metal mine to Hudson Bay Mining & Sm…
NEWS ROUNDUP — Shell selling Collahuasi stake
The one-third interest of Shell in the developing Collahuasi copper project in Chile will be offered for sale to the highest bidder among 12 selected mining companies. A Shell spokesman did not disclo…
William negotiates Bharti acquisition
Montreal-based William Resources (ME) has negotiated a deal to acquire Bharti Laamanen Mining for $4 million. William plans to issue $3 million worth of common shares (3.5 million shares at 85 cents p…
COMMENTARY — Two coal industry visions
The coal industry’s most important task is to ensure that the economic advantages of coal are so overwhelming that they cannot be ignored or subjected to political whims. Let me try to give you two po…
EDITORIAL PAGE — Inflated expectations?
It isn’t surprising that people are perplexed over a resurfacing of inflation, as reported in the general press. Talk of inflation befuddles the average Canadian because, according to the official sta…
Lac options Canadian properties
Long known for its large-scale projects in South America, Lac Minerals (TSE) has broadened its focus and resumed exploring for orebodies in Canada. First indications of this change were evident when L…
Casa Berardi operating again
A localized ground fall at the Casa Berardi mine in northwestern Quebec has claimed the life of a driller. Marco Germain, an employee at the mine since 1988, is survived by his wife and two children. …
Kinross Gold to build new tailings plant in Zimbabwe
International gold producer Kinross Gold (TSE) plans to build a $4.5-million tailings retreatment plant at its Blanket mine in Zimbabwe. The 3,500 tonne-per-day (tpd) carbon-in-leach facility will be …