Ontex and Metalore settle legal dispute
One of the longest running legal disputes in recent mining history has come to an end.Ontex Resources (ONT-T) and Metalore Resources (met-t) began their legal battle over the Brookbank property in 198…
Articles by Northern Miner Staff
Echo Bay defers mine construction plans
Low gold prices have derailed plans by Echo Bay Mines (ECO-T) to construct two new gold mines — Paredones Amarillos in Mexico and Aquarius in Canada — and develop the Ulu gold project in Canada’s No…
Exploration continues at Stenpad
The exploration program at the Stenpad concession in Ghana is continuing following a technical audit that concluded earlier trench sample assays were “unreliable.”Golden Rule Resources (gnu-t) and Hix…
EDITORIAL — Coggin and Niemuth should be unmuzzled — Freedom of speech
Early this year, Delgratia Mining stated that its Josh property in Nevada had reserves of 5 million oz. gold. The estimate was based on four drill holes, which included such impressive assay results a…
GREATEST VALUE TRADED, August 13-19
Value($000s)HighLowCloseChangeBarrick GoldT113366…
LITERATURE REVIEW — Yuma completes feasibility study — Delays caused by efforts to gain approvals for process water
A bankable feasibility study is in hand for Yuma Copper’s (YUM-V) Tuina copper project, 60 km southeast of Chuquicamata, in northern Chile.Prepared by Bateman Engineering in association with New Baron…
LITERATURE REVIEW — KWG sees four mines on Russian horizon
Through its wholly owned subsidiary, Far East Gold (FEGI-C), Montreal-based KWG Resources (kwg-t) has signed letters of intent with two Russian gold companies to acquire interests in four gold deposit…
LITERATURE REVIEW — Cambiex Exploration acquires gold project in south Peru
The Arequipa region of southern Peru has attracted the attention of Cambiex Exploration (CBX-T), the exploration arm of parent company and majority shareholder Cambior (CMH-T).Cambiex recently signed …
Eldorado nixes Gencor deal
Blaming a change in market sentiment for gold, Eldorado Gold (eld-t) has opted not to proceed with the proposed US$193.6-million acquisition of two operating gold mines and nine exploration projects i…
Amblin Res. to drill Lyndhurst
A proposed financing will provide funds for Amblin Resources (AX-A) to drill the Lyndhurst copper-lead-zinc-gold property, a past producer near Rouyn-Noranda, Que.Yorkton Securities is arranging the f…
ODDS ‘N’ SODS — On top of the world, Part 2
.BBS.J. HUNTERJack Zucco, my boss at the Red Rose tungsten mine in mountainous northern British Columbia, was a meticulous leader and task-master who wisely moved me from job to job to make me adaptab…
STOCK MARKETS — Composite index remains flat on western markets — Hixon takes plunge as trading resumes; Kalahari rises
The Vancouver Stock Exchange composite index remained flat over the report period ended Aug. 19, closing at 833.59, down 0.71 point. The mining index was off 3.89 points, or 0.5%, at 750.04.The combin…