Articles by Northern Miner Staff

Montreal-listed Vauquelin Mines (ME) can earn an additional 27.5% interest in the 20-sq.-mile Toleku Bokaso gold property in Ghana. The company now has the option to earn a total undivided interest of…

Drilling on the Boleo copper-cobalt deposit in Baja California Sur, Mexico, has returned encouraging values from the Saturno open-pit target. Coeur d’Alene Mines (NYSE) is earning a half interest from…

A recent base metal discovery northeast of Thunder Bay is being credited to the Ontario Prospectors Assistance Program (OPAP). According to Bernard Schnieders, the government’s resident geologist for …

Toronto-listed Manhattan Minerals has staked an 11-sq.-km gold property in Chihuahua state, Mexico. The land package comprises several large breccia zones hosted in andesite volcanics. One of the zone…

The cash cost of the expanding Escondida mine in Chile is in the mid-US40 cents per lb. range. Analysts for T. Hoare & Co. of London, in a recent report, estimate the above production cost for the pro…

Coal has been a basic commodity for the development of industry as we know it today. It has been essential in most European countries for centuries. More than 3 billion tons of coal are mined annually…

Alberta-listed Marum Resources intends to acquire the Wolverine gold property in Madison Cty., Mont., as well as additional ground nearby. Previously, the area was explored for iron ore hosted in an A…

Your editorial “Diamond standard needed” (T.N.M., Feb. 28/94) incorrectly implies that public reporting of Canadian diamond exploration results is not governed by adequate reporting standards. Stock e…

The Homestake mine in South Dakota produced 13% more gold in 1993 than in the previous year. Indeed, at 447,600 oz., the operation enjoyed its highest level of production since 1971. Homestake Mining …

Toronto-listed Teck intends to buy a 51% interest in a property near Timmins, Ont., from Band-Ore Resources (CDN). To do so, it must spend $800,000 on exploration over the next four years and pay $105…

The management of Aaron Oil (ASE) has decided to divide the company’s oil, gas and mining assets into two separate companies. The division is planned to enhance shareholder value and increase financin…

The largest mining company in Peru, Centromin, is up for sale. The sale of Centromin is a large step in the aggressive privatization program started by President Alberto Fujimori in 1992. It will mean…