Golden profit at Cambior
Substantially increased gold production in 1993 helped Cambior (TSE) record its highest revenue since the company’s inception in 1986. Gold output rose 46% to 518,083 oz. last year and revenue was 50%…
Articles by Northern Miner Staff
`Unsuitability’ clause could trigger litigation —
Concern over proposed changes to the U.S. Mining Law lent a tone of apprehensiveness to a major mining conference held recently in this southwestern American city. More than 3,700 delegates attended t…
Metall withdraws Int’l Musto bid
In what appears to be the final play in its bid for a stake in the Bajo de la Alumbrera project, Metall Mining (TSE) has withdrawn its bid for all the shares of International Musto Explorations (TSE)….
Correction (February 28, 1994)
Funds raised by Altai Resources (TSE) through a 100,000-share private placement at $3 per share (T.N.M., Jan. 31/94) will be used for seismic survey work on gas permits in Quebec. Altai has interests …
NEWS ROUNDUP — Francisco adds to treasury
Armed with more than $8 million from a private placement, Francisco Gold (VSE) is stepping up exploration in Mexico and Venezuela. The placement includes 2.5 million special warrants at $3.33 each. Th…
NEWS ROUNDUP — $10 million for Manhattan
A $10-million private placement will enable Manhattan Minerals (VSE) to explore and develop three properties in Mexico. Most of the proceeds ($6 million) will be spent on the Moris gold project in the…
Westmin to process Snip concentrates
The Premier Gold mill is being modified to process 8,000 tonnes of concentrates from the Snip gold mine in northwestern British Columbia. Westmin Resources (TSE) will process a year’s production from …
EDITORIAL PAGE — Diamond standard needed
The Australians did it. American regulators followed suit. And Canadians should do it, too . . . . . . Introduce diamond reporting standards, that is. In the early 1990s, a group of Australian diamond…
COMMENTARY — Thailand’s potash potential
A 75% improvement in North American grain yields between 1965 and 1990 reflected a tripling of fertilizer application rates, as high-yielding crop varieties generally require more fertilizer. A long p…
Republic Goldfields finds two new zones
Vancouver-listed Republic Goldfields has identified two potential open-pit zones at the Congress gold project in Arizona. Reverse circulation drilling has partially defined the Golden Wave and Bellick…
NEWS ROUNDUP — Glimmer considers more drilling
Additional drilling is being considered for the Hislop gold property, east of Timmins, Ont. Partners Hemlo Gold Mines (TSE) and Glimmer Resources (VSE) are tentatively planning a 5,240-metre program c…
New development plan for Eskay
A decision to sell Eskay Creek ore directly to smelters will benefit Prime Resources Group (VSE) in two respects. The company, which owns the high-grade gold project north of Stewart, B.C., can expect…