Foreign opportunities downplayed at PDAC
This year’s annual convention of the Prospectors and Developers Association of Canada attracted about 1,500 delegates and 800 exhibitors but the general mood seemed anything but upbeat. The convention…
Articles by Northern Miner Staff
Red Rock drills confirm Mexican project reserves (April 06, 1992)
Private Australian company Walhalla Mining and 63%-owned Red Rock Mining (VSE) are set to pick up where Terra Mines left off by putting the Amelia gold project in Mexico back into production. Three ye…
Special meeting of Breakwater set for April 10
Shareholders of Breakwater Resources (TSE) will be meeting April 10 to consider various matters related to the company’s proposed debt restructuring. Earlier this year, Breakwater management negotiate…
EDITORIAL PAGE (April 06, 1992)
The opportunities for mineral exploration outside of Canada are certainly inviting, and many Canadian companies are taking advantage of other countries’ efforts to attract mining investment. It is wor…
Drilling continues at Bellas Gate (April 06, 1992)
More assay results were released by Golden Ring Resources (VSE) from an ongoing drilling program at the Bellas Gate copper-gold property in central Jamaica. A third vertical hole at the Connors deposi…
Aur shareholders OK Teck agreement
Aur Resources’ (TSE) shareholders recently gave the green light to a financing deal with Teck (TSE) that allows Aur to fund its share of the development costs at the $326 million Louvicourt Twp. base …
Drilling under way at Key Anacon
Toronto-based Rio Algom (TSE) will complete a minimum of 16,000 ft. of drilling on Key Anacon Mines’ (TSE) base metal property in northern New Brunswick this year as part of a 5-year option agreement….
Metall set to boost copper, zinc output
By developing Izok Lake and three projects outside Canada, Metall Mining (TSE) is hoping its share of copper production from international operations will increase to about 135,000 tonnes from 85,000 …
Mahogany, Lily bring Tuina on line
Joint venture partners International Mahogany (TSE) and North Lily Mining (NASDAQ) recently placed the Tuina copper project in northern Chile back into production. The companies spent a total of US$3 …
Emerging countries stand to benefit
The global economy of the 1990s will mean increased trade and investment in emerging countries on the principle of sustainable development, a trend which international experts predict may result in re…
Goldcorp settles legal disputes
Goldcorp (TSE) says it has resolved all of its significant legal disputes, including litigation between itself, Corona Minerals and other parties. In 1989, Corona (now International Corona (TSE)) laun…
Manchester drills Santoy property
A 2,500-ft. drill program is under way at the Santoy Lake gold property, six miles east of Claude Resources’ (TSE) Seabee gold mine in northern Saskatchewan. The project, a joint venture between Claud…