Cameco drilling finds new zone at Contact Lake
Cameco (TSE) has discovered a new gold zone on the Contact Lake (Preview Lake) property north of La Ronge, Sask. Drilling along the Bakos structure, where three zones have already been identified, Cam…
Articles by Northern Miner Staff
33 mines shut down in 1991, net job loss reaches 2,000
Ore depletion, low metal prices and depressed market conditions resulted in the permanent closure or suspension of 33 Canadian mines in 1991, according to the Mineral Policy Sector of Energy, Mines an…
Pine Cove wins environmental OK, seeks financing
Having won environmental approval for its Pine Cove gold project in Newfoundland, NovaGold Resources (TSE) is preparing to raise $14 million to build a 1,500-ton-per-day vat leach operation. NovaGold …
Cyprus completes first phase of smelter expansion project
The first phase of a US$100-million modernization and expansion project was recently completed by Cyprus Minerals (NYSE) at its copper smelter in Miami, Ariz. Copper concentrate feed was loaded into t…
Galactic looks to the future
With the recent sale of its 50% interest in the Ivanhoe joint venture in Nevada for US$13.4 million, Galactic Resources (TSE) is a step closer to completing a restructuring of its assets. The company …
PROFILE (April 13, 1992)
Always mindful of being an ambassador for the mining industry, Mark Rebagliati wastes no opportunity to communicate his belief that British Columbia’s explorationists and miners are the most environme…
Madeleine settles legal problems
Almost six months after taking over the reins at Madeleine Mines (TSE), representatives of Oklahoma-based Kaiser-Francis Oil have resolved all remaining charges pending against the Toronto company. Ma…
Cheni to lease Mets gold deposit
A recent agreement with two junior companies sets the stage for Cheni Gold Mines (TSE) to begin a feasibility study and development plan to mine and mill the Mets gold deposit in the Toodoggone distri…
Metall ups stake in M.I.M. to 13.9%
German metals giant Metallgesellschaft AG, has agreed to sell Toronto-based subsidiary Metall Mining (TSE) 75.6 million shares of Australian company M.I.M. Holdings in exchange for 13.1 million shares…
B.C. budget adds to coal producers’ heavy tax burden
Low coal prices and a relatively high Canadian dollar have helped push British Columbia’s coal industry to the brink. The various taxes and charges facing the industry are seen as primary targets for …
Inco options Schell Ranch
An exploration joint venture recently formed by a unit of Inco (TSE) and a unit of Colony Pacific Explorations (TSE) provides for further exploration of the Schell Ranch massive sulphide project in Ca…
MINER DETAILS (April 13, 1992)
The Mining Association of British Columbia doesn’t like the first provincial budget brought down by Michael Harcourt’s New Democratic Party. The industry is taxed-to-the-max already, the association s…