Grade of Arkansas `Crater of Diamonds’ sought
Diamonds from Arkansas made the big time recently — nothing less than the ultimate in prime-time television. And if a particular Arkansas gem wasn’t the highlight of the event, it was still there and…
Articles by Northern Miner Staff
Aur search for base metals extends to eastern U.S.
In its search for new volcanogenic massive sulphide deposits, Aur Resources (TSE) has targeted the Northern Volcanic Belt in the Appalachian mountains of Maine and New Hampshire as a top priority. Thi…
Nebex plans drill program for two Yellowknife prospects
Calgary-based junior Nebex Resources (ASE) will soon start surface drilling on its Walsh Lake and adjacent Northbelt gold properties, immediately north of Royal Oak Mines’ (TSE) Giant Yellowknife gold…
Ontex placement falls through
Mr. Osama Eissa, who had agreed to subscribe to a private placement of up to 500,000 units of Ontex Resources (ASE) at $1.21 per unit, has failed to complete the placement. As a result, the agreement …
Casino drilling scheduled
Around-the-clock drilling with three rigs is to be in full swing by March 31 at the Casino copper-gold-molybdenum project in the southern Yukon. Following the recent plan of arrangement with Casino Si…
Ontario staking hits 4-year high
Ontario recorded a 56.8% increase in claim-staking last year to make 1992 the most active year since 1988. According to the Mines and Minerals Weekly Bulletin, the number of claim units staked in the …
Province sets safety records
The Ontario mining industry achieved its lowest injury rate ever, according to figures released by the Mines Accident Prevention Association of Ontario. The frequency rate of total injuries requiring …
Preble awarded Rand medal
The chief executive officer of Southern Peru Copper Corp. of New York has been awarded the Charles F. Rand Memorial Gold Medal by the American Institute of Mining, Metallurgical and Petroleum Engineer…
Republic Goldfields to restructure debt
Republic Goldfields (VSE) has entered into agreements with its two principal bankers, the Bank of Nova Scotia and the Royal Bank of Canada, to restructure and refinance all of its existing $3.2 millio…
Joe Mann output declines in 1992
Copper and gold output at Campbell Resources’ (TSE) Joe Mann mine near Chibougamau, Que. declined by over 20% last year. In 1992, the mine produced 70,200 oz. gold and 1.2 million lb. of copper compar…
Open-pit strip ratios deceptive
Most depictions are more realistic in three dimensions than in two. The grade and tonnage figures of a newly discovered orebody may look like a bonanza but only by including the depth of the orebody b…
STOCK MARKETS — TSE 300 index climbs during busy trading
Although corporate Canada continues to crank out layoff notices and the “recovery” seems far from a sure thing, Canadian investors are invading the stock market. During the week ended March 9 — when …