Gibraltar reviewing Mt. Polley
The next new mine in British Columbia could be the Mt. Polley copper-gold deposit in the central part of the province. A joint venture between Gibraltar Mines (TSE) and Imperial Metals (TSE) involves …
Articles by Northern Miner Staff
Kinross continues drilling at Hoyle Pond property
Definition drilling by Kinross Gold (TSE) is continuing on the 1060 zone at the Hoyle Pond mine, near Timmins, Ont. To date, 21 holes totaling 6,000 metres have been drilled on the new zone, which is …
Adrian discovers gold in Panama
A gold discovery by Adrian Resources (TSE) is enhancing the overall mineral potential of the company’s land package in Panama. The discovery was made on La Petaquilla, a property which already hosts a…
Hope Brook mine enables Royal Oak to boost earnings
Owing to a full year’s output from the Hope Brook mine in southwestern Newfoundland, Royal Oak Mines (TSE) produced 13% more gold in 1993 than in 1992. The company turned out 276,320 oz. from its thre…
NEWS ROUNDUP — Losses continue for Northgate
It was another bleak year for Northgate Exploration (TSE). The company reported an unaudited loss for fiscal 1993 of $7.5 million or 26 cents per share, compared with a loss of $8.3 million or 30 cent…
NEWS ROUNDUP — Amax drops Almaden despite study
Despite a positive feasibility study on the Almaden gold deposit in western Idaho, Amax Gold (NYSE) has decided not to participate in its development. The company had the option of earning a 65% inter…
COMMENTARY — Caring for the environment
The Prospectors and Developers Association of Canada recently recognized Hudson Bay Mining and Smelting for its environmental initiatives. The company mines and process metals — primarily copper, zin…
Rhand acquires Lone Mountain
Alberta-listed Rhand Industries has an option to acquire Lone Mountain Mining, a privately owned US company. As consideration, Rhand has issued 50,000 common shares and will spend $US250,000 on explor…
ODDS’N’SODS — Timmins, yesterday and today
My brother-in-law recently gave me a tour of Timmins, Ont., to show me the new shopping malls, residential districts, the multi-million dollar hospital, new parks, and so on. It was most impressive so…
EDITORIAL PAGE — Left out in the cold
Last week’s agreement between the U.S. and Russia over uranium imports into the U.S. is a slap in the face to Canadian producers. It is also a violation of the Canada-U.S. Free Trade Agreement (FTA). …
LETTERS TO THE EDITOR — Escondida discovery in Chile
Recent letters by Siegfried Muessig and Patrick Burns published in The Northern Miner have challenged my role in the discovery of the Escondida orebody in Chile. Theirs are remarkable assertions, give…
Work continues on Wrightbar’s Quebec ground
Vancouver-listed Charlim Explorations has discovered two gold zones on the Bourlamaque Twp. property of Wrightbar Mines (ME). Charlim is earning a half interest in the gold property by paying Wrightba…