Lac continues bid for Lisheen
Toronto-based Lac Minerals (TSE) may continue its legal action to block the sale of a majority interest in the Lisheen lead-zinc deposit in Ireland, that country’s High Court has ruled. Lac offered US…
Articles by Northern Miner Staff
Republic, Yorbeau settle Ellison property dispute
A settlement has been reached between Republic Goldfields (VSE) and Yorbeau Resources (TSE) in a legal dispute over the Ellison gold property in Bousquet Twp., northwestern Quebec. Republic will acqui…
Lead may be set for turnaround
Although it has been trading at all-time lows in real dollar terms, lead could be poised for a turnaround, reports Metals Economics Group of Halifax, N.S. “The concentrate market is in severe shortage…
Minera Rayrock announces production plans for Ivan
The Ivan copper project in northern Chile is to enter production, Minera Rayrock (TSE) has announced. he junior expects start-up to commence by mid-1994 at about 22 million lb. copper cathode per year…
Raymore plans Lamotte sample
Initial clearing of overburden at the Lamotte Twp. lithium property in northwestern Quebec is under way, Raymore Resources (ASE) reports. The company intends to bulk-sample about 50 tons of ore.
Dome Mountain lawsuit ends
A lawsuit between Habsburg Resources (VSE) and Timmins Nickel has been settled, paving the way for production to resume at the Dome Mountain gold mine near Smithers, B.C. The settlement provides for H…
NEWS ROUNDUP — Fort Knox stakes Clery claims
Toronto-listed Fort Knox Gold Resources has staked more than 200 claims north of Chibougamau, Que. The claims, comprising 9,000 acres in Clery Twp., are believed to have volcanogenic massive sulphide …
Cumberland and Comaplex drill at Meliadine River
Drills are turning on the Meliadine River project on the west coast of Hudson Bay, about 12 miles northeast of Rankin Inlet, N.W.T. Between 12 and 15 widely spaced reconnaissance holes are being drill…
PNG seeks 50% of Lihir project, surprised Vengold left in
The government of Papua New Guinea is thwarting an agreement allowing Venezuelan Goldfields (VSE) to acquire a 20% interest in the Lihir Island gold project (T.N.M., Aug. 16/93). Just days after annou…
Loki funds acquisition, plans drilling at Brewery Creek
The first phase (5,000 metres) of a planned 15,000-metre drill program was expected to be under way this month at the Brewery Creek property. Loki Gold (VSE) is now the operator following a previously…
NEWS ROUNDUP — Agnico begins Zone 6 work
A $15.1-million development program is under way at Zone 6 of the LaRonde mine, west of Val d’Or, Que. Agnico-Eagle Mines (TSE) expects the high-grade zone to be in production by mid-1995. Exploration…
NEWS ROUNDUP — Ecudor buys Dona Lake interest
Just weeks after buying the Dona Lake gold mine from Placer Dome (TSE) for $2 million, mining contractor Ross-Finlay has sold a 49% interest in the property to Societe Miniere Ecudor (ME) for $4 milli…