Mongolia welcomes foreign mining investment
After 72 years of Russian domination, Mongolia has turned to a market economy and is seeking foreign investment to revive its mining industry. Mongolian Mines Minister Dorjiin Tsogbaatar and his econo…
Articles by Northern Miner Staff
Dia Met ready to process samples
Diamond explorer Dia Met Minerals (TSE) will begin processing kimberlite samples stockpiled at its pilot plant in Colorado soon, says president Jim Eccott. Since the material must be thawed completely…
PRODUCER PRICES (April 19, 1993)
ALUMINUM: MW U.S. market US52.75-53.50 cents per lb. (Apr. 1, 1993). ANTIMONY: MW New York dealer US78-82 cents per lb. (Mar. 11, 1993). BISMUTH: MW New York dealer US$2.35-2.70 per lb. (June 11, 1992…
Cheni’s financial health shows marked improvement
The financial health of Cheni Gold Mines (TSE) took a turn for the better in the year ended Dec. 31, 1992. Following premature depletion of reserves at the Lawyers mine in north-central British Columb…
Reserve boost for Chinese project
An independent study of the Qiandongshan (QDS) zinc-lead-silver project in China’s Shaanxi province has left American Exploration (ASE) confident about reserves. Proven and probable reserves are about…
New Mexican mining regulations take effect
The regulations of the Mexican Mining Law went into effect at the end of March. According to the Ministry of Energy, Mines and State Industry (SEMIP), the new regulations eliminate 60 requirements tha…
Ivernia, Minorco negotiate Lisheen project agreement
A deal leading to the creation of a new joint venture agreement covering the Lisheen lead-zinc project in County Tipperary, Ireland, has been worked out between Ivernia West and Minorco. The new agree…
NovaGold program outlines Murray Brook copper reserve
A new minable reserve of 425,100 tons grading 2.98% copper has been established at the Murray Brook mine in northern New Brunswick by owner Novagold Resources (TSE). An additional 55,000 tons of crush…
Hycroft plans private placement
A planned private placement of special warrants is expected to net Hycroft Resources & Development (TSE) about $10.9 million before deducting issue expenses. The placement includes 10.5 million specia…
MAPAO meeting planned for May
The 62nd annual meeting of the Mines Accident Prevention Association of Ontario will take place May 27-28 at Toronto’s Sheraton Centre. The meeting will feature a mining health and safety conference. …
PEOPLE — DANKOE MINES (April 19, 1993)
J. Woods and Ramon Mabanta appointed directors.
Exhibit of gems, gold specimens
Almost 1,000 gems and 70 gold specimens will light up the Royal Ontario Museum (ROM) in Toronto this summer when the S.R. Perren Gem and Gold Room opens July 3 to the public. The gems in this permanen…