Diamond Fields springs to life
A new company with connections to Vancouver promoter Robert Friedland has been formed to acquire diamond properties around the globe. Diamond Fields Resources (VSE), formerly Rutherford Ventures, rece…
Articles by Northern Miner Staff
Moneta drilling intersects base metals near Timmins
A recent drill hole by Moneta Porcupine Mines (TSE) on its Godfrey Twp. property near Timmins, Ont., has returned three metres of 10% zinc at a vertical depth of 107 metres. The hole was drilled to fo…
Metal Prices (April 19, 1993)
FREE MARKET London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Apr. 13 Apr. 12 Apr. 9 Apr. 8 Apr. 7 Copper 1305-1306 N/A N/A 1305-1306 …
FMC Gold expanding its exploration efforts
With cash overflowing in its coffers, and reserves almost depleted at the Paradise Peak mine in Nevada, FMC Gold (NYSE) is expanding exploration to find additional deposits. The exploration budget for…
Crown Butte permitting milestone
An important permitting milestone was recently marked by Crown Butte Resources (TSE), the environmentally progressive owner of the New World copper-gold-silver project in Montana. The company reports …
B.C. government ponders next Windy Craggy move
Mines Minister Anne Edwards said the British Columbia government will soon announce “where we go next”on the land-use controversy surrounding the Windy Craggy project in northwestern British Columbia….
NEWS ROUNDUP — New life for Belmoral
Alberta private company Geopetrol Resources has been granted an option by Aur Resources (TSE) to purchase the debt (at least $4.5 million) of Belmoral Mines (TSE) owing to Aur. Belmoral would sell its…
BOOKS IN BRIEF — Base metals in Kazakhstan
The Base Metal Industry of the Republic of Kazakhstan, by Brook Hunt & Associates Ltd., Old Bank House, 11 London Street, Chertsey, Surrey KT16 8AP, U.K. 8,500. The Republic of Kazakh-stan, part of th…
Denison, Total wrap up mine deal
Toronto-based Denison Mines (TSE) has completed negotiations with Total Compagnie Miniere of France and Total Minatco for the complementary development of two uranium properties in Saskatchewan. As a …
Scintilore funds
Scintilore Explorations (TSE) says it has reached agreement-in-principle with an investor to raise $1.05 million by way of a private placement. The placement would consist of 1,050,000 common shares a…
Remote sensing applications aid mineral exploration
Geologists have long relied on aerial photographs to supplement their surveys. Now they are able to integrate remote sensing data with geoscience information in the search for mineral deposits. This w…
High-grade, low-cost gold producer — Snip mine an
The extraordinary success of the Snip gold mine is in direct contrast to numerous gold mines developed during the heady years of flow-through financing which all too often failed to live up to expecta…