Int’l Platinum, Swansea funding
A letter of intent for the placement of $7.2 million involving a convertible debenture has been received from foreign investor institutions, International Platinum (TSE) and Swansea Gold Mines (CDN) r…
Articles by Northern Miner Staff
Formosa ships copper concentrate
In late November, Formosa Resources (VSE) shipped its second smelter shipment to Aomori, Japan, from the port of Vancouver, Wash. The shipment comprised 4,245 tons of concentrate grading 17.5% copper …
PGE sampling
Some high-grade gold assays from grab samples from a property in New Brunswick were reported recently by PGE Resource (ASE). A fire assay technique was used on the samples, which the company says cons…
Bougainville mine could be reopened
The recently elected prime minister of Papua New Guinea, Paias Wingti, has predicted that the 180,000-tonne-per-year Bougainville copper mine will be reopened within 12 months at a lower cost than pre…
U.S. ROUNDUP — Offer received for Golden Summit
An undisclosed senior mining company is proposing to further develop the Golden Summit property being explored by Freegold Recovery (VSE) near Fairbanks, Alaska. Freegold management expects to release…
U.S. ROUNDUP — Wharf assesses mine acquisition
Following completion of a detailed assessment of the Golden Reward mine near Lead, S.D., Wharf Resources (TSE) says it has identified the mine’s most pressing needs: — capital — the mine does not ge…
Charles Fipke — 1992 Mining Man of the Year
Some of Canada’s biggest and best mineral discoveries began as little more than faint hope in the hearts of a few determined prospectors and geologists. The recent diamond discovery in the Lac de Gras…
Drilling begins at Murray Brook
Drilling is under way at the Murray Brook property in northern New Brunswick, NovaGold Resources (TSE) reports. Operators of the program are Arimetco International (TSE) and Breakwater Resources (TSE)…
Breakwater to reopen Estrades
The Estrades zinc-gold mine in northwestern Quebec is expected to resume production in March, 1993, and reach a production rate of 10,000 tonnes per month within four months. The mine will be operated…
Curragh receives Stronsay certificate
With a mine development certificate for the Stronsay zinc-lead project now in hand, Curragh (TSE) can concentrate on arranging project financing. Although Curragh received government approval for a ce…
Federal inquiry launched into Giant mine dispute
Royal Oak Mines (TSE) President Peggy Witte rejected a call from Canada’s minister of labor and mediators that the status of 45 terminated employees from the Giant mine be turned over to an arbitrator…
Benoit property players sort out their litigation
Litigation related to claims staked in the Benoit Twp. area of Quebec has in large part been resolved. Freewest Resources (TSE) and Ressources Minieres Canaco (ME) say Ressources Minieres Forbex (ME) …