Ottawa revises Canadian mining policy
In an effort to make Canada a more attractive place in which to explore and mine, the federal government has rewritten its minerals and mining policy.”Essentially, the old policy was international in …
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EXPLORATION ROUNDUP — Meekatharra postpones Canadian offering
Australian-based Meekatharra Minerals has postponed a private placement that would have raised several million dollars for exploration and development in Indonesia and paved the way for a Canadian sto…
LETTER TO THE EDITOR — Coverage of Quebec projects decried as lacking
Your newspaper continues to have poor coverage of exploration and mining activities in Quebec.I have subscribed to The Northern Miner since the early 1980s, and I was not astonished to read the commen…
EXPLORATION ROUNDUP — Santa Cruz trenches Magistral
A trenching program by Santa Cruz Gold (SCG-T) at the Magistral project in Sinaloa state, Mexico, has identified three gold zones there.Sampling of the Dos Amigo zone returned 4 metres grading 1 gram …
EXPLORATION ROUNDUP — Model Office report in hand
Ontario’s resident geologists program should remain intact, but recording of claims should be centralized in Sudbury, according to a report released by the province’s Ministry of Northern Development …
Placer bids to acquire PNG company
A takeover bid has been launched by Placer Dome (PDG-T) for Highlands Gold, a Papua New Guinea-based company that owns 25% of the Porgera gold mine, and for the remaining 24.6% interest of subsidiary …
FACTS’N’FIGURES — Gold demand stays high
Aggregate gold demands in the markets monitored by the Geneva-based World Gold Council reached 655 tons in the third quarter of 1996, just 2% below the record high of 668 tonnes for the corresponding …
THE DIAMOND PAGE — Guyanor advances Dachine prospect
At the Dachine diamond property in French Guiana, bulk sampling by Guyanor Ressources (GRL.B-T) and Australian-owned BHP Minerals is nearing completion.Since August, the partners have collected 207 to…
THE DIAMOND PAGE — Archangel expands Russian pipe
Junior Archangel Diamond (AAD-V) continues to size up pipe 441 at its 40%-held Verkhotina diamond project in northwestern Russia.The latest results from hole 46 include the recovery of a gem-quality, …
Goldcorp makes new bid for Wharf Resources
Toronto-based Goldcorp’s (G.A-T) bid for subsidiary Wharf Resources (WFR-T) has received a lukewarm vote of confidence from Wharf’s independent directors following a valuation of the company.Wharf’s d…
Drills turn at Riyadh property
The second phase of a 50,000-ft. drill program is under way at the Riyadh gold property in Ghana, West Africa.Operator Intenational Tournigan (ITG-V) says new roads and 15 drill pads have been constru…
THE DIAMOND PAGE — Sonora sells diamond parcels from African mine
A diamond venture in South Africa is providing a new focus for Sonora Gold (SON-T), a junior previously active in gold exploration in California.Sonora recently acquired Windsorton Mining, which, in t…