Rio metals unit
All North American service centre and metals distribution activities managed by Rio Algom (TSE) will be consolidated into a new entity called North American Metals Distribution Group. The group will c…
Articles by Northern Miner Staff
Shaft deepening at Sleeping Giant
Reserves have increased significantly and the shaft is being deepened at the Sleeping Giant gold mine 80 km north of Amos, Que. Joint owners Cambior (TSE) and Aurizon Mines (TSE) report that 145,000 t…
Bolivian mining potential lures Canadian companies
Ross Beaty, former president of Equinox Resources, is back in action with a new junior company, Da Capo Resources (VSE), focused exclusively on Bolivia. “This is a country with strong mining tradition…
Silver Standard, Regeena team up
Junior Regeena Resources (VSE) can earn a half interest in the Pine Grove property from Silver Standard (VSE). Teck (TSE) spent US$2.2 million on the property, situated in Nevada, outlining a geologic…
NEWS ROUNDUP — Deak revises production forecasts
Exploration and development at the Kerr mine, near Virginiatown, Ont., have enabled Deak Resources (TSE) to upgrade production forecasts for the remainder of 1994. The mine is now expected to produce …
NEWS ROUNDUP — Ecuadorian drills two properties
Drilling is planned or in progress on two gold properties held by Ecuadorian Minerals (ASE) in Ecuador. On the Gaby property, a second phase of work has begun, consisting of 23,000 ft. of diamond dril…
NEWS ROUNDUP — Orco, Metall in mill deal
Ore from the Donalda gold project of Orco Resources (ME) at Rouyn-Noranda, Que., will be treated at the nearby Norbec mill. Orco has signed a contract with mill owner Metall Mining (TSE) for two years…
Scintilore planning to raise funds with placement
Toronto-listed Scintilore Explorations is hoping to raise $600,000 through a private placement. The placement, which has yet to be approved by regulators, would consist of 600,000 shares at $1 a piece…
Southern Copper spins diamond interest
Cobre Sul Mineracao, the Brazilian diamond exploration subsidiary of Southern Copper (VSE), will be spun off into a separately traded company. Southern Copper believes shareholder value and access to …
ODDS’N’SODS — The ongoing need for funds
(Editor’s Note: Raising funds for exploration and development can be difficult at the best of times, and in any century, as is evident from the following correspondence concerning The Alaskan Bonanza …
New NASDAQ trading rules
The National Association of Securities Dealers Automated Quotation (NASDAQ) is about to become a fairer market for individuals, thanks to rules approved by the Securities and Exchange Commission in th…
Wiens addressing uranium forum
Saskatchewan’s minister of environment and resource management will address the 19th annual symposium of The Uranium Institute on Sept. 8 in London, England. Berny Wiens will open the first session of…