Foran finds new lens
Infill drilling by Foran Mining (FOM-V) has uncovered a polymetallic lens at its McIlvenna Bay zinc-copper-gold property in the Flin Flon belt of northern Saskatchewan.The lens, discovered in hole 107…
Articles by Northern Miner Staff
PEOPLE — Riverdance (July 19, 1999)
Dusan Berka, Frank Lang, James Bryce, Vladimir Horvath and Walter Brenner appointed directors.
PEOPLE — Weda Bay
W.S. Vaughan appointed director.
Cumberland hits gold at Meadowbank
Infill drilling by Cumberland Resources (CBD-T) at its Meadowbank gold project in Nunavut has returned higher grades than expected.Several holes sunk in the central portion of the Third Portage deposi…
EDITORIAL & OPINION — ODDS ‘N’ SODS — Pack of trouble
Anyone around during the Texasgulf boom in Ontario has tales to tell, some of which are more colourful than others. It was the summer of 1964, and the town of Timmins was a beehive of activity, with a…
North American Palladium extends Roby zone
Drilling by North American Palladium (PDL-T) has extended mineralization at the Lac des les platinum group elements (PGE) mine, situated 85 km north of Thunder Bay, Ont.Potentially economic grades ar…
INVESTMENT COMMENTARY — Mini-tenders hit the mining industry
It’s hard to imagine why any investor would sell shares at discounted prices when they could easily realize better prices on the open market. Yet enough are selling to keep a Phoenix-based firm busy e…
Cambiex acquiring BHP’s Hope Bay properties
Cambior (CBJ-T) subsidiary Cambiex Exploration (CBX-T) is acquiring Broken Hill Proprietary’s (BHP-N) Hope Bay gold properties in western Nunavut.Cambiex will pay US$23 million in four stage…
Nevada Pacific expands at Battle Mountain
Nevada Pacific Gold (NPG-V) has added to its holdings in Nevada by staking the Keystone property along the Battle Mountain-Eureka gold trend.The property is on the northwestern flank of the Simpson Pa…
Careers (July 12, 1999)
Underground Mine PositionsNeed qualified Electricians, Mechanics and Equipment OperatorsGood Competitive Wages & Benefits offered ust have U.S. work Visa or Citizenship…
Atna to wage summer drill campaign
Atna Resources (ATN-T) is preparing to launch drill programs at three of its properties, the total budget for which is about $2 million.A minimum 5-hole program is planned for the San Antonio volcanog…
MINING MARKETS & INVESTMENT NEWS — EASTERN MARKETS — Base metal majors buoyed by copper prices
Copper was the big story during the June 30-July 6 report period, with prices shooting up 5 cents, to 75 cents per lb., in response to a series of cutbacks in copper mining and smelting operations in …