Kinross acquires U.S. gold bets
Even before Kinross Gold (TSE) made front page news this week with its purchase of Falconbridge gold it had begun building an asset base with the acquisition of two small U.S. gold mines and two minin…
Articles by Northern Miner Staff
Cleanup costs to $60m — Summitville casts pall over U.S.
Companies looking to develop new mines in the U.S. could face a tougher ride through the permitting process because of environmental problems at the Summitville gold property in Colorado. The project’…
Research effort benefits juniors
Associated companies Kenrich Mining (VSE) and Ambergate Exploration (VSE) are contributing to a research effort aimed at identifying possible extensions of the favorable Eskay Creek stratigraphy on gr…
LATIN AMERICAN ROUNDUP — Geomaque options Mexican bet
Geomaque Explorations (CDN) can earn a 100% interest, subject to a 3% net smelter return, in the San Francisco heap-leach property, 120 km south of Nogales, Mexico. An option agreement to this effect …
STOCK MARKETS — Base metal, diamond stocks both take a
Concern over second-quarter earnings and weak metal prices took its toll on base metal producers during the week ended July 20. For far less tangible reasons, the diamond stocks also took a beating. O…
THE DIAMOND PAGE — Blusson claims focus of lawsuit
A property staked by geologist Stewart Blusson, northwest of the Dia Met-BHP discovery property in the Northwest Territories, has become the focus of a lawsuit launched by Vancouver-based Pioneer Meta…
Azco financing
Vancouver-listed Azco Mining has completed a private placement of 3.2 million special warrants at $2.25 each. Each warrant can be exchanged for a common share at no additional cost. Proceeds will be u…
PEOPLE — BRITISH LION MINES (July 19, 1993)
Rene Carrier and Brian Doutaz appointed directors.
Czech gold prospect acquired by juniors
VSE-listed juniors Royalstar Resources and Paramount Ventures and Finance plan to form a joint venture to explore the Kasperske Hory gold project in the Czech Republic. The companies announced an agre…
Las Vegas conference scheduled
The “Investment in Mining” conference last spring in New York City was so successful that a follow-up has been scheduled. The convention, to be held Sept. 17 and 18 in Las Vegas, Nev., will focus on g…
Nebex completes private placement
A private placement of 688,750 flow-through shares at 80 cents per share has been completed by Nebex Resources (ASE). Most of the proceeds from the $551,000 placement will fund exploration on the Nort…
PRODUCER PRICES (July 19, 1993)
ALUMINUM: MW U.S. market US57.25-58.00 cents per lb. (July 8, 1993). ANTIMONY: MW New York dealer US76-80 cents per lb. (June 10, 1993). BISMUTH: MW New York dealer US$2.35-2.70 per lb. (June 11, 1992…