Ariel acquires three properties
Costa Rican gold producer Ariel Resources (VSE) has acquired three additional properties at the northern end of the Central American country’s Gold Belt. The properties, named Boston, Gongolona and An…
Articles by Northern Miner Staff
NEWS ROUNDUP — New receiver for Faro assets
A new court-appointed interim receiver has been appointed for the Faro mine assets of Curragh (TSE) in the Yukon. Peat Marwick Thorne has replaced Deloitte and Touche, which was being partially funded…
PRODUCER PRICES (October 25, 1993)
ALUMINUM: MW U.S. market US51.50-52.25 cents per lb. (Oct. 7, 1993). ANTIMONY: MW New York dealer US76-80 cents per lb. (June 10, 1993). BISMUTH: MW New York dealer US$2.35-2.65 per lb. (Sept. 23, 199…
ODDS’N’SODS — Wind claimed northern pilot
Some peoples’ lives are altered drastically or fatally by a strong gusting wind. This story concerns one such accident which occurred on a summer’s day at a small rail station on the CN Rail line, 75 …
LETTERS TO THE EDITOR — Golden Bear gold mine continues in
The article “Troubled past is no longer an albatross around Golden Bear’s neck” (T.N.M., Sept. 20/93) did not mention Wheaton River Minerals, which owns 85% of North American Metals, owner of the Gold…
Salaries of top executives to become public knowledge
Major changes in Ontario securities regulations will require companies to disclose, individually and by name, the compensation paid to each of their top executives. “These changes put Ontario in the f…
OPINION — The changing world of finance
Four basic positive factors are driving change in the world of finance and will continue to shape events for years to come: technology, globalization, deregulation and demographics. The most important…
More gold is reported at Damoti Lake project
Further assay results from drilling at the Damoti Lake property, 150 km north of Yellowknife, N.W.T., have extended the previously discovered gold zone to the north. Athabaska Gold Resources (TSE), op…
MINING IN MEXICO — SX-EW copper production grows in
The fall in the copper price in recent months has refocused investors attention on the copper market. In discussions on the subject, a number of people have raised questions about solvent extraction-e…
MINING IN MEXICO — PROJECT ROUNDUP — Menora probes Estrella
A 775-acre gold property in the Mexican state of Zacatecas has open-pit, heap-leach potential, Menora Resources (ME) reports. The junior has spent $400,000 on its Estrella del Norte project (also know…
MINING IN MEXICO — Aurizon plans more la Reyna work
A US$200,000 work program was recently completed by Aurizon Mines (TSE) on its 140-sq.-km La Reyna copper-gold project in Sinaloa state, Mexico. The second-stage program involved geophysical and geoch…
MINING IN MEXICO — PROJECT ROUNDUP — Manganese industry
The Grupo Ferrominero S.A. consortium gained control earlier this year of most of Mexico’s manganese industry. The consortium bought Cia. Minera Autlan de C.V. and Ferroaleaciones de Mexico S.A. (Ferr…