PEOPLE HECLA MINING
Joe Coors Jr. elected to the board of directors, succeeding Norman Visnes who resigned.
Articles by Northern Miner Staff
PEOPLE HALASKA APPOLLO GOLD MINES
Paul Jones resigned as vice-president to resume his international consulting practice.
Decline into 21B zone on target at Eskay Creek
The underground exploration program at the Eskay Creek property owned jointly by Prime Resources Group (VSE) and Stikine Resources (VSE) is proceeding as planned, according to Prime. The primary objec…
Teck loses chance to buy Mexican mine
The Mexican government has sold the Canaea copper mine to a private Mexican/Belgium mining group for $475 million, eliminating Teck’s (TSE) chance to win a piece of the open pit operation. Teck, as pa…
U.S. REPORT Robertson results disappointing
The most recent progress report from Amax Gold (NYSE) on the Robertson project, near Lander cty., NV., owned by Coral Gold (TSE) appears to be somewhat disappointing, with Coral reporting that 10 of t…
U.S. REPORT Aspen option deal
Denver-based Aspen Exploration (NASDAQ) and Great Basin Exploration of Reno, Nev., have signed an agreement to continue exploration work on the Nome gold joint venture near Nome, Alaska. Aspen is oper…
Ego financing
Toronto-based Ego Resources (TSE) has arranged a private placement of 1.25 million units at 40 cents per unit with Nanisivik Mines, a unit of Conwest Exploration (TSE). The units consist of a mixture …
Falconbridge spending $10 m this summer at Ungava project
Falconbridge Ltd. expects to complete 75,000 ft. of drilling on its remote Ungava, Que., nickel deposit before freeze-up occurs at the remote location later this month. While a Falconbridge official s…
Positive results from Tulsequah Chief
Impressive assay results from the first hole drilled this season at the Tulsequah Chief polymetallic project in northwestern British Columbia have prompted partners Cominco (TSE) and Redfern Resources…
Jury out on discovery in Galore Creek camp
Reports of a significant new discovery in the rugged and remote Galore Creek region of northwestern British Columbia have generated another flurry of speculative trading on the Vancouver Stock Exchang…
U.S. REPORT Oracle Ridge coming along
Production is expected to begin in the third quarter of 1990 at the Oracle Ridge project being developed by South Atlantic Ventures (VSE). The company reports that the mining contractor is proceeding …
Gold price prompts Cambior to reopen Valdez Creek mine
The recent increase in the gold price has prompted Cambior (TSE) and Camindex Resources to reopen their Valdez Creek placer mine in Alaska. Cambior says that based on the recent strength in the gold p…