Articles by Northern Miner Staff


Cerro Mayal up and running

The Cerro Mayal placer gold project in west-central Argentina has entered production. The processing of gold-bearing gravel began May 4 after a couple of months of plant commissioning and technical ad…


TSE INDICES (May 16, 1994)

— 1994 — May 10 May 9 May 6 May 5 May 4 High Low Composite”300″ 4189.92 4179.13 4254.06 4259.81 4269.17 4609.93 3518.31 Metals&Minerals 3472.69 3443.65 3541.02 3520.38 3521.21 3879.59 3273.56 Integr…


Ashton encouraged at Cross

Fifteen diamond drill holes, both vertical and inclined, have been completed at the Cross kimberlite target area in the Northwest Territories and three additional holes have been drilled in the southe…


Homestake active in Venezuela

San Francisco-based Homestake Mining (NYSE) is planning exploration and drilling for several newly acquired gold properties 25 km northwest of Venezuela’s Kilometre 88 district. Through a bidding proc…



Commodity price index declines

After rising for several months, The Bank of Nova Scotia’s commodity price index declined by 1.1% in March. A substantial drop in agricultural prices and a smaller decline in forestry products and oil…


Armistice raises project financing

Proceeds from a rights offering amount to about $1.1 million for Armistice Resources (ME), after commissions and expenses. More than 7.2 million shares were bought at 18 cents per share in the over-su…


Andacollo drill results positive

Results from ongoing drilling at the Andacollo project in central Chile have Dayton Mining (TSE) predicting an increase in reserves. The proven and probable minable figure is now estimated at 30.7 mil…


Canmine delineates target on Fer play

Junior Canmine Resources (CDN) has outlined a new target area on its Fer project in northern Manitoba. The target, known as the Island zone, is interpreted as lying vertically at a depth of more than …


NEWS ROUNDUP — Holmstead options DKO property

An option agreement allowing International Holmstead Resources (VSE) to acquire the DKO property in northeastern Ontario has received regulatory approval. The 800-claim property is in Gauthier Twp., n…


Juniors continue land grab in Fort MacKay region

Several juniors are continuing to add to their land positions near Fort MacKay in northeastern Alberta. Interest in the region began growing last spring after Focal Resources (ASE) announced that it h…


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