Seabed volcano observed
Scientists have observed the beginning of a volcanic eruption on the bottom of the ocean off the coast of British Columbia. The research has implications for the mining industry because of what it may…
Articles by Northern Miner Staff
TSE Short Positions (August 30, 1993)
Semi-monthly reports as of Aug 15, showed 73,606,340 shares of 740 issues compared with 80,264,553 shares of 723 issues on Jul 31. Larger individual positions included: Aber 123,600; Amer. Barrick 143…
Financing (August 30, 1993)
Champion Bear Resources Ltd. — Private placement of 130,800 shs @ $2.75 on a flow-through basis. Solidor Resources Inc. — 600,000 units @ 40 cents and each unit consists of sh and 2 wts. 2 A wts buy…
Akiko announces work programs
Joint-venture exploration programs are under way at the White River claims in Ontario and the Crescent Valley project in Nevada, reports Akiko Gold Resources (VSE). The White River gold project will b…
Agnico sees potential in La Ronde’s Zone 20
The Zone 20 orebody at the LaRonde gold mine west of Val d’Or, Que., has the potential to increase reserves significantly, Agncio-Eagle Mines (TSE) reports. The company has calculated a preliminary re…
Minefinders options Nevada properties
Vancouver-listed Minefinders Corp. has optioned ground held by Equinox Resources (VSE) in northern Nevada. The three properties lie within either the Carlin Trend or the Battle Mountain Trend, both pr…
Drilling extends Botija deposit
The first three holes drilled in this year’s second-phase exploration program are expected to increase the geological resource of a deposit on the Petaquilla project in Panama. All three holes at the …
Mine Mill union merges with CAW
The battle for Local 598 of the Canadian Union of Mine, Mill and Smelter Workers in Sudbury, Ont., has been won by the Canadian Auto Workers (CAW) union. Local 598, which represents workers at Falconb…
Cantung options Chilean project
Vancouver-based Canada Tungsten Mining (TSE) has acquired an option to buy and develop the Andacollo copper project in central Chile. Subject to confirmation of technical details during a 15-month eva…
Fairfield underground at Siwash North
It isn’t often that a company can turn a profit from bulk sampling. But that’s exactly what happened last year when Fairfield Minerals (TSE) extracted 2,030 tons from its Siwash North gold deposit, ne…
COMMENTARY — Green revolution spawns expensive red tape
For many developing countries in the process of modifying their mining codes, Canada is a model. For many investors, the country is perceived as setting some expensive trends. In addition to ever-risi…
Northwestern British Columbia — Polaris-Taku remains
The Polaris-Taku gold project in northwestern British Columbia is expected to remain dormant until a dispute is settled between Canarc Resource (VSE) and the former controlling shareholder of Rembrand…