Western pulls out from Jones Hill
The recent withdrawal of Western Mining from the Jones Hill joint venture came as a surprise to Champion Resources (VSE) which is currently seeking advice from its lawyers because of the unexpected de…
Articles by Northern Miner Staff
Low-cost operation predicted by Antilles for Big Croppings
Based on a recent in-house feasibility study, Antilles Resources (VSE) predicts it will be able to produce gold for a cash cost of US$146 per oz. from the Big Croppings vein on its newly optioned Chic…
Kennecott options Galena Giant
A unit of Kennecott is about to start a drill program on the Galena Giant project, a “Sullivan-style” stratiform, lead-zinc-silver target on the Idaho-Montana border about 12 miles northeast of the fa…
Athena, former president settle legal differences
A longstanding legal dispute between current management of Athena Gold (VSE) and its former president and founder, William Jordan, was recently settled. The Nevada lawsuits over title to the Talapoosa…
Jarvis raising marble funding
Financing plans, including a rights offering that will allow shareholders in Ontario and Quebec to acquire up to almost 1.4 million common shares, are nearing completion, Jarvis Resources (VSE) report…
Metall affiliate awards mine contract
The first major contract at Turkey’s largest mine development project has been awarded by Metall Mining (TSE) affiliate Cayeli Bakir Isletmeleri A.S. A consortium comprised of Lurgi Metallurgie GmbH o…
Minerals lead Noranda’s recovery
Better results from its mining division helped Noranda (TSE) boost its earnings to $49 million or 10 cents per share during the first half of 1992 compared with $33 million or 2 cents per share for th…
Maps planned for 8 townships
Three geological mapping projects will be conducted to identify mineral potential in an area in northwestern Ontario extending across eight townships from Kashabowie to Murillo, Ontario’s Ministry of …
Golden Rule buys Jolu mill for eight La Ronge deposits
In a bid to move its Saskatchewan gold deposits closer to production, Golden Rule Resources (TSE) has agreed to purchase the Jolu mine and mill assets near La Ronge, Sask., for $786,000. Owned by a 70…
MINER DETAILS — Shareholders should come first
When it comes to passing judgment on companies’ management, shareholders have a habit of voting with their feet. If they don’t like the way things are done, they walk away. They don’t have much choice…
Mint produces Ontario coin
A scene featuring a majestic jackpine tree and resembling a Group of Seven painting graces the reverse of the Ontario coin in the Canada 125 Coin Program. The first of the coins to be minted was unvei…
NEWS ROUNDUP — Cambior acquires property in Chile
Cambior (TSE) has acquired a 100% interest in the Polo Sur copper property in Chile from Shell Chile S.A. at an undisclosed price. Polo Sur is 75 miles northeast of Antofogasta in northern Chile and c…