Northern Orion inks Argentine deal
An Argentine firm will earn a 67% stake in Northern Orion’s (NNO-T) El Dorado project in Santa Cruz province.To earn the interest, Minera Mincorp must pay US$5 million over four years.Northern Orion h…
Miramar Mining Corporation
Orion expands Argentine deposit
Holes drilled by Northern Orion Explorations (NNO-T) at its Agua Rica porphyry copper-gold-silver-molybdenum deposit in northwestern Argentina have extended mineralization there.Holes AR-49, 50 and 54…
Con mine a pro for Miramar
The Con underground gold mine at Yellowknife, N.W.T., helped generated first-quarter earnings of $2.4 million (or 4 cents per share) for Miramar Mining (TSE).The mine produced 28,880 oz. gold during t…
Companies (May 27, 1996)
INDEXAber ResourcesAcabit Expl.Adex MiningAdola GoldAfriOreAltai ResourcesAnglo AmericanArequipa Res.AsarcoAshanti GldfldsAshtn Mg of CdaAshton MiningAsia PacificAurizon MinesBaja GoldBand Ore Res.Ba…
Miramar Mining is sizing up Talapoosa gold-silver project
A feasibility study on a proposed open-pit, heap-leach gold-silver mine at the Talapoosa property in Lyon Cty., Nev., is expected to be completed in the second quarter.Project-owner Miramar Mining (TS…
Companies (March 04, 1996)
HomestakeAsia PacificCons North CoastTan RangeRio AlgomSuttonFree Port McMoRanRTZPhelps DodgeNorandaAquiline ResChase ResAzcoCartaway ContPeruvian GoldSilver Ridge ResBarrick GoldAdex MiningAgnico…
Drilling cuts impressive results for Northern Orion
Northern Orion Explorations (VSE) reports encouraging drill results from a 5,000-metre program at its San Jorge copper-gold porphyry deposit in west-central Argentina.The first seven holes, spaced 92-…
Miramar reports higher costs at Con
Production costs have increased at the Con underground gold mine near Yellowknife, N.W.T., reports owner Miramar Mining (TSE).The company earned 29 cents per share, or $14.6 million, for the 9-month p…
Miramar firms up Cuban play
The final feasibility study of the Mantua copper-gold deposit in Cuba is expected this month.Miramar Mining (TSE), which owns half of the property, says the study is likely to call for a 2-year period…
STOCK MARKETS — TSE remains quiet as spot gold price slips
Although the Toronto Stock Exchange 300 composite index added a fraction, the TSE had a quiet week, with both mining indexes moving lower.For the four trading days ended Sept. 5, the composite moved u…
Northern Orion tops up treasury
A special warrant financing will raise $40 million for Northern Orion Explorations (VSE).Investment dealers Gordon Capital, Deutsche Bank Securities, Yorkton Securities and Bunting Warburg have agreed…
Talapoosa gold property now in permitting stage
Permitting work is proceeding at the Talapoosa project in Nevada.Miramar Mining (TSE) acquired the property early this year through a takeover of Athena Gold and has since drilled more than 73,000 ft….