Millstream cuts copper and zinc
Toronto-based junior Millstream Mines (MLSM-C) has intersected several copper-zinc sulphide zones 100 metres below the lowest producing level at its Potter property in Munro Twp., 80 km east of Timmin…
Articles by Northern Miner Staff
Mindoro eyes Myanmar
Junior Mindoro Resources (MIO-A) is carrying out grassroots exploration on its Concession 11 project in Myanmar.The Calgary-based junior recently initiated a program of geochemical sampling and geolog…
Prospex adds to African portfolio
Prospex Mining (PRM-V) had added a smattering of early-stage exploration projects to its growing West African portfolio.With the addition of the four new properties — Nimini West, Samalofila, Kindia …
INVESTMENT COMMENTARY — Gold Mining: Value Found Among The Ruins
A newly released study by Canaccord Capital has found value among the ruins of the gold mining industry, even though the firm believes that this beleaguered sector may be in for further weakness in th…
Sampling planned for ATW property
A prominent indicator mineral anomaly is the focus of new work being done on the ATW Mackay Lake diamond property in the Lac de Gras region of the Northwest Territories.Kennecott Canada, a division of…
Eastmain acquires BHP’s prospects
Eastmain Resources (ER-T) is acquiring BHP Minerals International’s interests in a portfolio of gold and base metal exploration projects in Eastern Canada.In return, BHP will receive a 3% net smelter …
Phelps Dodge makes nickel-cobalt discovery in Madagascar
In its first foray into the nickel business, Phelps Dodge (PD-N) has discovered a potentially significant nickel laterite deposit in central Madagascar.Over the last two years, the Phoenix-based coppe…
PEOPLE — CONS. GRANBY (January 19, 1998)
William T. Cohan appointed director and vp operations.
PEOPLE — CONS. AGARWAL (January 19, 1998)
Donald A. Lyons appointed director.
Leach tests return unexpectedly high values for Northern Crown
Column leach tests have returned higher-than-expected values from Northern Crown Mines’ (NCW-T) Guadalupe de los Reyes project in Mexico.The metallurgical testwork, which was performed by McClelland L…
Dark days for Russian coal mines — Privatization not a quick fix for ailing industry
The Russian government has announced that it will sell or close about one-third of its operating coal mines in 1998 in an effort to unload unprofitable operations and encourage the privatization of th…
Vista unwinds hedge to improve cash position
Vista Gold (VGZ-X) has improved its cash flow by unwinding its gold hedge and suspending mining operations at the Hycroft gold mine in Nevada.The company liquidated its hedging position, which had cov…