Articles by Northern Miner Staff

An agreement for joint exploration in Bolivia has been negotiated by Orvana Minerals (TSE) and its Bolivian partners, Empresa Minera Unificada S.A. (EMUSA) and Merwin Bernstein. The agreement includes…

A numbered Ontario company has agreed to underwrite private placements of MacDonald Mines Exploration (CDN). The placements will be in the form of treasury shares and warrants and will be worth up to …

The parliament of Ghana has authorized the government to privatize gold producer Ashanti Goldfields. Minister of Finance and Economic Planning Kwesi Botchway told Agence France Presse in Accra that “t…

Having just negotiated a private placement of one million special warrants in February, Gold Reserve (TSE) reports that the underwriters have exercised their option for an additional million special w…

Dr. Felix Kaminsky, director of the Moscow-based Institute of Diamonds, is justifiably proud of the diamond expertise established by Russian scientists during the latter half of this century. In the p…

The joint owners of Falconbridge, Noranda (TSE) and Swedish-based Trelleborg are investigating the possibility of a treasury issue of common shares of Falconbridge. Proceeds would be used to reduce de…

Toronto-listed American Gem has issued to European investors 1.5 million shares at $3.88 per share. Proceeds from the $5.8-million offering will be used to make property payments and develop the Monta…

By spending $2 million on exploration and paying $300,000 cash, Santa Fe Canadian Mining will earn a half interest in Globex Mining’s (ME) Victoria gold project. Situated in Clericy Twp., Que., the pr…

Vancouver-listed Annabel Gold Mines has raised $700,000 to explore the Carissa mine property near South Pass City, Wyo. The mine is owned by Hol-Lac Gold Mines (CDN). Since its discovery in 1867, 30,0…

By carrying out exploration work in the Mongolian People’s Republic, Mongolia Gold Resources (MGR) is earning a 49% interest in the Bumbat property. The property is situated 200 km west of the north-c…

In northern Mexico, Dragon Gem (VSE) is earning a half interest in the Las Vigas copper project from a wholly owned subsidiary of Corner Bay Minerals (ME). Situated in Chihuahua state, the 3,474-hecta…

Montreal-listed junior Globex Mining reports promising results from drilling on the Duquesne West gold project in northwestern Quebec. The company intersected 18.9 ft., which averaged 0.34 oz. gold pe…