Santa Fe returns to Springpole
Santa Fe Canadian Mining, a subsidiary of Newmont Gold (NGC-N) has climbed back aboard the Springpole gold project of Gold Canyon Resources (GCU-V) after having dropped its original option in 1996.San…
Articles by Northern Miner Staff
Runoff curtails Kidd production
Faced with an influx of runoff water from the surface, the Kidd mining division of Falconbridge (FL-T) has shut down operations below the 2,800-ft.level of the mine complex near Timmins, Ont.The shutd…
Northair targets Venturina for bulk-tonnage potential (April 13, 1998)
A first phase of exploration has begun on the Venturina property in Mexico’s Chihuahua state.A wholly owned Mexican subsidiary of International Northair Mines (INM-V) can acquire a 100% interest in th…
Verena picks up more ground
Verena Minerals (VMCO-C) has signed a deal with Ouro Brasil (OOB-V) to boost its interest in a 36,000-ha gold exploration property in Brazil.In order to increase its interest in the Conceicao de Norte…
Hebron picks up gold properties
Just months after Mazarin Mining (MAZ-T) announced that it would shift its focus back to industrial minerals, the company has found a buyer for its gold properties in Hebron Fjord Resources (HEF-M).In…
THI buys into Angolan project
Trans Hex International (THI-T) is acquiring a 37.5% interest in three diamond properties in northern Angola.The terms of the agreement call for Trans Hex to acquire 75% of the half-interest currently…
Index (April 13, 1998)
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Partners set to bring drills back to South Voisey’s Bay
Northern Abitibi (NAI-V), Donner Minerals (DML-V) and Teck (TEK-T) are gearing up for the 1998 drilling program on the South Voisey’s Bay property in Labrador.The proposed exploration program consists…
Rayrock moves to swallow Minera
Rayrock Yellowknife Resources (RAY-T) is expected to succeed in a bid to take over Minera Rayrock (MRN-T), in which it currently owns a 37.5% interest (19.1 million shares).Rayrock, a Toronto-based go…
PEOPLE — SEARCHGOLD RES.
Michael Page and Alain Dufour elected directors.
PEOPLE — PETRA RES.
Theodore Muraro appointed director.
PEOPLE — OUROMINAS
William P. McLucas appointed chairman and director.