Vancouver Island bet
Drilling has resumed at the Debbie property on Vancouver Island, a joint venture between Westmin Resources (the operator), Nexus Resource Corp. and Angle Resources. The initial joint venture budget fo…
Articles by Northern Miner Staff
Terra high on gold project
With more than $5.6 million in working capital, debt-free Terra Mines of Edmonton is hoping its Las Minitas gold project in northwestern Mexico will get the company back on the right track. Terra, whi…
Metal Prices FREE MARKET LLondon Metal Exchange
Spot closing prices in Pound Sterling per tonne Date June 30 June 29 June 26 June 25 June 24 Copper 991-992 988.5-989 992.5-993.5 993-995 968.5-969.5 Lead 389-389.5…
Agnico earnings up smartly gold, silver output climbs
There was good news aplenty at Agnico-Eagle Mines’ annual meeting this year, another jam-packed homecoming affair: * earnings are way up and headed higher * its main gold operation is now in the best …
Mine Lake placement
Mine Lake Minerals says it has completed a private placement of 500,000 units, each unit comprising one flow-through common share and one unit purchase warrant good to purchase a further flow-through …
Noranda, Getty deposit could be Hemlo size
A mere six years have elapsed since news of the fabulous Hemlo discoveries rocked the mining world. Yet details of another gold discovery, which displays geological parameters of Hemlo-size proportion…
TVX reaps rich rewards from projects in Brazil
It was incorporated to take advantage of opportunities in Brazil’s burgeoning gold industry and as Consolidated TVX Mining enters its third year of activity, the Toronto-based company is achieving wha…
Nuinsco announces flow through deal
To finance exploration costs on a number of properties, Toronto- based Nuinsco Resources has reached a flow-through share financing agreement with Echo Bay Mines. Under the agreement Nuinsco will sell…
Carson Hill bet about to pay off for Grandview
Patience is about to pay off for Vancouver-based Grandview Resources. The company, which poured its first dore bar last December from its Carson Hill heap-leach operation in the Mother Lode area of Ca…
Amalgamation may lead to 100,000 oz per year
The proposed amalgamation of Esperanza Explorations and Black Swan Gold Mines could result in 100,000 oz of gold production for the two companies by late 1988. According to Esperanza President John S….
Test program completed on City’s Cinola deposit
Bench-scale metallurgical test work on various ore types from City Resources’ Cinola gold deposit in the Queen Charlotte Islands yielded a recovery rate greater than 90, says the company. The test pro…
Morono studies core samples
Preliminary results have been obtained by Morono Mines from 37 holes drilled over three gold- bearing zones on the Verneuil Twp. property located northeast of Senneterre in northern Quebec. The compan…