EPA fines Cominco
Cominco Alaska, a wholly owned subsidiary of Cominco (CLT-T), will pay a US$1.7-Million fine to the U.S. Environmental Protection Agency for various Clean Water Act infractions that occurred during th…
Articles by Northern Miner Staff
Normandy hits high grade Down Under
Exploration at the Vera Nancy gold deposit continues to intersect high-grade values as the Australian project nears commercial production.Situated in Queensland, the project is a joint venture of Norm…
DIAMOND PAGE — Caldera advances Abminga project
The Abminga diamond exploration project of Caldera Resources’ (CDR-M) in South Australia has been granted “project status” by South Australia’s mines ministry.The new status allows Caldera to treat it…
MOST ACTIVE ISSUES, July 9-15MOST ACTIVE ISSUES, July 9-15
ExchgVol(000s)CloseKinross GldT170265.65Placer DomeT…
Highwood plans Thor Lake program
The Thor Lake beryllium deposit, east of Yellowknife, N.W.T., may at last be on its way to development.Highwood Resources (hwd-T) has applied for permits from the territorial government and the Water …
Rio Narcea hits high grade in Spain
Encouraging results from drilling at El Valle, a gold deposit in northern Spain, are reported by Rio Narcea Gold Mines (RNG-T).Hole Val-107, which tested the northern part of the Black Skarn target, e…
Grayd Resource drills Dry Creek deposit
At the Dry Creek massive sulphide property, 55 miles southeast of Fairbanks, Alaska, Grayd Resource (GYD-V) is busy with a $1.5-Million program of exploration.The company is targeting the Red Mountain…
Partners declare Stenpad values unreliable
“Unreliable” is how joint-Venture partners Golden Rule Resources (GNU-T) and Hixon Gold Resources (HXG-V) are describing the trenching and soil-sampling values from their previous work at the troubled…
Silverado to buy La Teko’s Ryan Lode — Companies sign Alaskan agreement worth US$12 million
Silverado Mines (GOLDF-Q) will buy the Ryan Lode gold deposit near Fairbanks, Alaska.Over five years, Silverado will pay US$12 million to the vendor, La Teko Resources (LAORF-Q), in return for 63 fede…
Phelps Dodge records profit for quarter
With increased earnings per share resulting from an extended share buy-back program, Phelps Dodge (PD-N) reported a profit for the second quarter of 1997.The major earned US$134.8 million (or US$2.16 …
Rio Algom, Inmet expand Antamina deposit
Once again, partners Rio Algom (ROM-T) and Inmet Mining (IMN-T) have boosted the resource estimate of the Antamina copper-zinc deposit in Peru.The total in-pit resource is now pegged at a minimum of 5…
DIAMOND PAGE — Trivalence increases production in Guinea
Junior Trivalence Mining (TMI-V) reports an increase in test-phase diamond production at its Aredor diamond concession in Guinea, West Africa.In June, the company processed 20,203 tonnes of alluvial m…