Gulf lands tailings in Tajikistan
Following up last year’s acquisition of interests in hard-rock properties in Tajikistan, Gulf International Minerals (VSE) has signed a joint venture covering a placer gold tailings project in the cou…
Articles by Northern Miner Staff
LATIN AMERICA ROUNDUP — Joutel starts Cuban exploration
The ink has just dried on three contracts which will enable Joutel Resources (TSE) to start preliminary exploration on its Cuban properties. The company plans to complete two airborne geophysical surv…
Pacific Rim program testing previously drilled Oculto zone
The first of a 5-hole program on the Diablillos project in Argentina has returned an encouraging intersection. Pacific Rim Mining (VSE) reports a 326-ft. interval grading 0.12 oz. gold and 25.6 oz. si…
Sherritt plans share issue
Nickel refiner Sherritt (TSE) will raise $194 million by issuing 18.5 million shares, on a bought-deal basis, at $11 each. The agreement, scheduled to be completed Feb. 10, is subject to regulatory ap…
LATIN AMERICA ROUNDUP — Atna to buy Cumbre gold
Junior Atna Resources (VSE) can acquire a 75% stake in the Cumbre gold property in Chile. To do so, it has paid US$3,500 to owner Princeton Mining (TSE). It must pay a further 50,000 shares on signing…
LATIN AMERICA ROUNDUP — Musto considering offers
Vancouver-based International Musto Explorations (TSE) has received offers both to joint-venture and, alternatively, sell its interest in the Bajo de la Alumbrera gold-copper deposit in Argentina. A f…
China to transform coal industry
China has unveiled an ambitious 7-year plan to transform its coal industry, with foreign assistance, into an efficient source of low-pollution fuel. The plan, outlined in Beijing by Coal Industry Mini…
Matkin calls for overhaul of B.C. securities system
A report has called for a major restructuring of the system whereby securities are regulated in British Columbia. The final report of the Vancouver Stock Exchange and Securities Regulation Commission …
Int’l Platinum active in Arizona
Encouraging assays from an Arizona gold property has led International Platinum (TSE) to announce it is exercising its option to earn a 50% interest. International Platinum, whose partner in the proje…
Conwest becomes Granduc shareholder
Toronto-based Conwest Exploration (TSE) has gained an 18.1% direct interest in Granduc Mining (TSE) by buying 2 million shares of the junior gold producer. A further 815,330 shares were bought by Conw…
NEWS ROUNDUP — Golden Rule funds work at Komis
Junior Golden Rule Resources (TSE) will provide additional financing to Waddy Lake Resources (TSE) so it can explore and develop its Komis gold deposit in Saskatchewan. Golden Rule will advance up to …
NEWS ROUNDUP — Etruscan finishes reorganization
Junior Etruscan Enterprises (VSE) has reorganized. It has transfered to a new exploration company its interests in the Theirry copper-nickel mine, near Pickle Lake, Ont., and the Hackett River polymet…