Who will find the first Canadian diamond mine?
Several months have passed since 81 small diamonds were discovered in a kimberlite pipe 200 miles northeast of Yellowknife, N.W.T. In the meantime, more than 5,000 square miles have been staked in the…
Articles by Northern Miner Staff
U.S. REPORT (March 30, 1992)
Montana-based Western States Minerals dropped its option to earn a 60% interest in the Commonwealth property in Cochise Cty., Ariz., from DRX Minerals (NASDAQ). The company says it dropped the propert…
Charges against Hemlo dropped
Ten charges brought against Hemlo Gold Mines (TSE) under the Federal Fisheries Act, the Ontario Water Resources Act and the Environmental Protection Act, all related to the Golden Giant mine in the He…
Myra Falls drilling — Westmin targets new reserves
Exploration success is being achieved by Westmin Resources (TSE) on four separate areas of its Myra Falls mine property about 90 km by road from this scenic Vancouver Island community. The company has…
Property portfolios take on growing international look
Turkish copper project of Cominco Resources nears feasibility stage — News item Goldbelt Mines looks to two former Soviet republics for joint venture projects — News Item Falconbridge Ltd. to close …
Instability should augur well for the price of gold
Noted in a parking garage, appropriately mounted on a gold-colored car, was this personalized license plate: DIG4 AU. In these times of a depressed gold price battling to hold US$350 per oz., it is re…
Juniors examine potential of Chilean deposits
The potential to discover large-tonnage, heap-leach gold and porphyry copper deposits that are minable by open pit in Chile is prompting a small contingent of junior companies to examine the South Ame…
Northern Saskatchewan prime exploration area
The downward trend in exploration spending in Saskatchewan, apparent since 1988, appears to have flattened and 1992 expenditures are expected to match those for 1991, Saskatchewan Energy and Mines rep…
Pacific amends terms of purchase
Pacific Cassiar (TSE) says it has received approval to amend its normal course issuer bid to purchase on the open market through the facilities of the Toronto Stock Exchange up to 10% of the public fl…
Manitoba to proclaim new mining legislation
In an effort to streamline its mining legislation and create an attractive investment climate in the province, the government of Manitoba is expected to proclaim a new Mines and Minerals Act in 1992. …
Market booms triggered by intensity of exploration
Mining’s current slump once again testifies to the traditional cyclical nature of this feast or famine business, depending of course on the price of metals. But stock markets are something else. Here,…
Juniors find innovative ways to fund development
What exploration needs most in Canada is a good discovery, says Fenton Scott, President of the Prospectors and Developers Association of Canada. At a time when juniors are having trouble raising even …