Armada intent on producing gold in Siberia
Armada Gold, an Alberta-listed company with one of the more advanced projects in Russia, continues to nudge its tailings property toward a production decision. Currently, the company is building a 400…
Articles by Northern Miner Staff
Golden Giant workers ratify agreement
Organized workers at the Golden Giant mine of Hemlo Gold Mines (TSE) have voted 70% in favor of accepting a first collective agreement. The agreement, covering 223 employees affiliated with the United…
Ramrod calls off share acquisition
Plans by Consolidated Ramrod Gold (TSE) to acquire all issued and outstanding shares of San Andreas Resources (TSE) for Ramrod shares have been cancelled. San Andreas President Peter Tsaparas provided…
Charlim lists on Montreal Exchange
Formerly listed on the Vancouver Stock Exchange, common shares of Charlim Resources have begun trading on the Montreal Exchange. Charlim, which explores for and develops mining properties in Quebec, c…
NEWS ROUNDUP — Ican drilling Idaho play
Drilling has begun on Ican Minerals’ (TSE) Almaden gold mine in Idaho. The work will test a newly discovered zone which is 2,000 ft. northwest of the known orebody and 500 ft. lower in elevation. In t…
Barrick ups 1st-quarter earnings and production
Thus far into 1994, American Barrick’s (TSE) earnings statement shows every sign of outshining that of last year. For the first quarter, revenues were US$187.3 million compared with US$144.1 million i…
Habsburg modifies placement
Junior Habsburg Resources (TSE) reports that its previously announced private placement with Canaccord Capital has not been completed. Instead, Habsburg will sell, on a private placement basis, up to …
NEWS ROUNDUP — New Island in deal with Goldbar
Alberta-listed New Island Minerals (NIM) intends to acquire mining assets from CDN-listed Newfoundland Goldbar Resources (NGR). Included are 51% of the shares of Tiara Marble. NIM will retain ownershi…
Lac to triple reserves in next five years
For gold and base metal producer Lac Minerals (TSE), 1993 was a year with mixed results. Attempts to reduce cost and increase productivity were offset by after-tax provisions associated with mine clos…
T & H buys stake in cement plant
Toronto-based T & H Resources (TSE) intends to acquire at least a 49% interest in the Shuangyang cement plant in northeastern China. It will buy the interest from Imperial Investment, subject to a due…
Drilling by Pacific Sentinel in full swing at Casino project
Drills are turning again on the Casino property in the southwestern Yukon. Pacific Sentinel Gold (VSE) reports that four rigs are at work and an additional two rigs will be operational shortly. Drilli…
Int’l Platinum (May 02, 1994)
The Toronto Stock Exchange’s independent verification of samples taken from International Platinum’s ground in Arizona was not yet available at presstime. A TSE official said its report will be coming…