Alberta Stock Exchange Durga begins work
Trading moderately during the week ended June 25, Durga Resources said it is proceeding with exploration on the Chiquita mine property near Sandy Valley, Nev. The first program, which includes mapping…
Articles by Northern Miner Staff
Sikaman focus on North America
Although Sikaman Resources (TSE) has concentrated its activities primarily in Ghana in the past, the mining company now intends to shift its focus to North American ventures. The company recently sol…
TerraGold chief buys Jascan stake
The president of TerraGold Resources (ASE), G.W. Felderhof, has agreed to purchase the majority of Jascan Resources’ (TSE) holdings in TerraGold. Jascan owns 1.35 million shares, or 71%, of TerraGold…
Research team applies theory of blasting to mine conditions
Damage to surrounding rock masses caused by development and production blasting in mines is the focus of an investigation by S.P. Singh, associate professor at Laurentian University’s School of Engine…
Montreal Exchange More Cambior drilling
Encouraged by the results from a drilling program at the Sleeping Giant gold property north of Amos, Que., Cambior has approved a further $3.6-million expenditure for underground exploration. The Val …
Costigan deal
Following an agreement between NovaGold Resources (TSE) and Kennecott to explore and develop the Sears Lake and Sewell Brook claims in New Brunswick, Costigan Gold (CDN) has agreed to convert its part…
PEOPLE INTERNATIONAL PLATINUM CORP.
Glen Varty appointed president, chief executive officer and director; Leif Bristow, Elwyn Cathcart and William Bateman appointed directors.
EDITORIAL PAGE Tax Freedom Day
It might be because the GST comes up every time a cash register rings, but it seems the average Canadian’s tax burden has grown substantially over the past year. In fact, according to the Vancouver-ba…
Noranda earning interest in Norite
Exploration funding for the Norite property owned by Consolidated Pine Channel Gold (VSE) has been arranged through a unit of Noranda (TSE). Pine Channel signed a letter of intent giving Noranda the r…
U.S. REPORT Galactic-Cornucopia merger in jeopardy
A merger between Galactic Resources (TSE) and Cornucopia Resources (TSE) may not be completed after Galactic failed to meet a condition of the merger agreement. The boards of the two companies agreed…
Copper Council meets in Quebec
About 90 delegates gathered here recently to attend a quarterly meeting of the American Copper Council and take part in, among other activities, a discussion on free trade agreements in North America….
New Mexican rules attract foreign firms
While it ranks as the world’s largest silver producer, Mexico is thought to be highly prospective for porphyry copper and bulk tonnage gold deposits which geologists say could be located by technology…