News

Vancouver-based Noramco Mining Corp. (TSE) has acquired the Gionet platinum-palladium-copper- nickel property near White River, Ont. Noramco has the right to acquire a 100% interest, subject to a 2% s…

In the July 17 edition of The Northern Miner it was incorrectly reported that Aaron Oil Corp. (ASE) traded on the Vancouver Stock Exchange. In fact, Aaron trades on the Alberta Stock Exchange.

The 1989 exploration program by Royalstar Resources (VSE) on the Bob Creek property near Houston, B.C., will include close to 9,000 ft of drilling to further delineate three partly- defined zones of l…

Golden Crescent Resources (ASE), which is earning a 49% stake in 26 exploration projects owned by Placer Dome Inc. (TSE), has begun a surface stripping program at Talbot Lake, near Geraldton, Ont. Gol…

Drilling has resumed on VSM Exploration’s (ME) Grevet base metals project southeast of Matagami, Que. A majority of the drilling will focus on defining and expanding reserves on the Grevet M property,…

The metals and minerals index gave a helping hand to the composite index as it reached a new high this week of 3935.23 pts. Metals and minerals, which were up by more than 3% to 3415.96 pts, responded…

Battle Mountain Gold (TSE) has signed an option to increase its interest in Inti Raymi, a Bolivian mining company, to 51% from 33.3%. The agreement gives Battle Mountain the option to purchase 35,332 …

Newmont Gold Company (NYSE) has completed start-up operations at its Number 4 mill in the Carlin area of Nevada. The mill began operations June 1, one month ahead of schedule and throughput exceeded 5…

Toronto-based Metall Mining (TSE) says it has filed a prospectus for a public offering of $125 million in convertible subordinated debentures. With an annual interest rate of 7.5%, payable semi-annual…

High Frontier Resources (VSE) has agreements in principle to acquire another three blocks of ground near the zinc-copper-gold discovery made by Aur Resources and Societe Miniere Louvem in Louvicourt T…

A busy trader among junior mining issues this week was Brewbac Resources whose main asset is a 24-claim property in Bourlamaque Twp., east of Val d’Or, Que. In adjacent Louvicourt Twp., Aur Resources …

Since its formation two years ago, Cominco Resources International (TSE) has met with considerable success in the Andes mountains of Chile. The globetrotting company is now poised to see gold producti…