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…
Articles by Northern Miner Staff
NEWS ROUNDUP — Skyline outlines Bronson porphyry
Toronto-listed International Skyline Gold has released a reserve estimate for its Bronson Slope property in northwestern British Columbia. Based on 2,855 ft. of drilling last fall, combined with 7,461…
Nebex hits gold in Shear 20 zone
A hole drilled by Nebex Resources (ASE) to test a deep, induced-polarization anomaly has intersected what appears to be a new gold zone near Yellowknife, N.W.T. Averaging 0.32 oz. gold per ton over 16…
Mineral investments in China
China represents one of the last great frontiers for mining companies looking for global possibilities, says Metals Economics Group in China: Emerging Minerals Opportunities. The study cites three fac…
GOLD FUNDS (February 21, 1994)
Gold Funds as of Feb. 16 BGR Central Net Value $16.44 $6.63 Price $15.00 $7.25 Premium 9.4% Discount 8.78% Value $92,115,000 $131,219,925…
TSE INDICES (February 21, 1994)
— 1994 — Feb 15 Feb 14 Feb 11 Feb 10 Feb 9 High Low Composite”300″ 4414.44 4395.20 4405.60 4441.97 4463.17 4601.09 4286.54 Metals&Minerals 3632.31 3589.38 3609.36 3720.86 3802.10 3855.09 3495.59 In…
Review of Cinola planned by city
New management at City Resources (TSE) has decided that a previous feasibility study of the Cinola gold project is worth a second look. To that end, Chairman Ray Soper and President Robin Slaughter ha…
PEOPLE — IGF METALS (February 21, 1994)
Patrick Cheung appointed president, chief executive officer and director; Robert Ching, Arnold da Silva and Wing Shun Leung appointed directors.
PEOPLE — ATLANTA GOLD (February 21, 1994)
Karl Rollke appointed president.
NEWS ROUNDUP — Giant Bay drops Montanore
Unable to meet certain conditions of a merger agreement with Montana Reserves, Giant Bay Resources (TSE) has opted to pull out. Montana Reserves holds a 5% net proceeds royalty on the Montanore copper…
Richmont buys stake in Louvem
Richmont Mines (ME) is expanding its presence in la belle province by acquiring an interest in Louvem Mines’ (TSE) properties near Val d’Or. The company bought 8 million common shares in Louvem from S…
Darnley Bay explores anomaly
Privately owned Darnley Bay Resources plans to raise $7 million to explore a coincident magnetitic and gravity anomaly on Darnley Bay, N.W.T. The anomaly is 70 km in diameter and was likely caused by …