Diamond play recovers from core contamination
The credibility of the Lac de Gras diamond play suffered a serious blow recently when the Aber-Commonwealth-SouthernEra joint venture mistook synthetic drill bit diamonds for natural stones derived fr…
Articles by Northern Miner Staff
Bank backs Teck’s Balmer bid
An offer by Luscar to buy the Balmer and Greenhills coal mines in southeastern British Columbia was blocked by a creditor of the mines’ former owner, bankrupt Westar Mining. The Bank of Montreal oppos…
NEWS ROUNDUP — NCG acquires control of Nova-Cogesco
Following a successful takeover bid, NCG Acquisition, a unit of Hughes Lang (VSE) and its 53% owned subsidiary Orofino Resources (TSE), has acquired about 51% of the outstanding shares of Nova-Cogesco…
VSM, Serem plan major underground program for Grevet
An underground exploration program at the Grevet zinc project in northwestern Quebec is planned by VSM Exploration (ME) and Serem-Quebec. An agreement-in-principle has been reached by the two companie…
NEWS ROUNDUP — Kirkton swings deal with Phelps Dodge
An option to acquire an interest in the Shunsby copper-zinc-lead-silver property from Kirkton Resources (CDN) in the Swayze area southwest of Timmins, Ont., has been negotiated by Phelps Dodge Corp. o…
NEWS ROUNDUP — Aur dropping three properties
Aur Resources (TSE) has informed Consolidated Abitibi Resources (ME) that it will be terminating its option on three of Abitibi’s Val d’Or area properties. In order to earn a 51% interest in the Abiti…
NEWS ROUNDUP — High-grade gold found in Greenland
A number of gold-bearing quartz veins have been discovered in South Greenland by Nunaoil, an exploration company owned 50% by the Danish government and 50% by Greenland’s Home Rule government. The lar…
ODDS ‘N SODS — How Geraldton became a boom town
In the early 1930s, the mining community of Geraldton, Ont., became an exciting beneficiary when the U.S. increased the price of gold by 75%. Gold became an important motivator. In Timmins, Ont., the …
Kilborn offices in Latin America
The depressed state of the Canadian mining industry is sending companies abroad with different strategies in the search for new business opportunities. Kilborn Engineering and Construction Ltd., for e…
OBITUARY — Cuthbert Dixon
Noted mining broker Cuthbert (Cuffy) Batten Dixon died of a heart attack on Nov. 22. He was 83. Born and educated in Cobalt, Ont., Dixon started as an underground miner at the Wright-Hargraves gold mi…
Second mineral agreement signed
The governments of Canada and British Columbia recently agreed to spend $10 million over five years to strengthen and diversify the western province’s mineral industry. British Columbia Mines Minister…
Placer Dome names new CEO
After a far-reaching search, Placer Dome (TSE) appointed John Willson as president and chief executive officer to replace Anthony Petrina who resigned from both positions in mid-September of this year…