Southern Peru gets funds for expansion
Having arranged a multi-Million-dollar loan, Southern Peru Copper (PCU-N) is embarking on a program aimed at expanding and modifying its operations.The first stage in the project calls for expansion o…
Articles by Northern Miner Staff
Digger drills core at Copperhead gold project — Sister company Cepeda also drilling in Carolinas
The coastal plain of North Carolina is giving up a few of its secrets now that Digger Resources (DIG-V) has begun core drilling at the Copperhead gold project.Since 1996, when drilling began, Digger h…
METAL PRICES — DAILY METAL PRICES (April 14, 1997)
BASE METALS (London Metal Exchange – Midday bid/ask prices in US$ per tonne)DateApril 8April 7April 4April 3A…
Ecstall stakes claims in Alberta
Junior Ecstall Mining (EAM-V) has entered into the Alberta diamond rush by staking 1.4 million acres of prospective ground in the south-Central part of the province.The Vancouver-based company intends…
STOCK MARKETS — Rise in U.S. interest rates deflate TSE still further
More than 54 million shares of Bre-X crossed the trading floor as investors continued to bail outBase metal companies rolled with the punches over the report period ended April 8, as U.S. interest rat…
ODDS ‘N’ SODS — A frosty mine camp
As a result of a lunch meeting I had in 1951 with a man from New York, I was hired on as a mine foreman at an operation near Keno in the Yukon.Our crew consisted of a number of capable graduates from …
LATIN AMERICA — Essex revs up drills in eastern Bolivia
With $15 million in its treasury, Essex Resource (ESX-V) is about to start a field program aimed at delineating near-surface oxide gold deposits at the Miquela and Porvenir concessions in eastern Boli…
LETTER TO THE EDITOR — Cyanide leaching a good idea on Bre-X’s part
As a commercial assayer, I am horrified at the panic created by the confusion over the assay results of Bre-X Minerals. The collapse of the company is an awesome example of what can happen when that l…
LATIN AMERICA — Boliden, Silver Eagle ink exploration deal — Swedish giant eyes Minera Serrana project in Mexico
Boliden, the mines and metals business sector of Trelleborg of Sweden, has signed an agreement with Silver Eagle Resources (SER-V) to explore the junior’s Minera Serrana project and fund a Mexican exp…
LETTER TO THE EDITOR — Protecting investors should be the top priority
For most investors, the world of junior mining companies is akin to the Twilight Zone, where it becomes virtually impossible to differentiate between reality and fiction. In the past year alone, we’ve…
LATIN AMERICA — Bahuerachi drilling intersects copper in Mexico
Diamond drilling on the Bahuerachi copper oxide property in Mexico has yielded favorable results for equal partners Golden Rule Resources (GNU-T) and Tyler Resources (TYS-T).Situated in southwestern C…
DIAMOND PAGE — Messina collecting bulk samples from prospect in Lesotho
Junior Messina Diamond (MSC.U-T) has received encouraging results from the first phase of exploration at its Liqhobong project in the south African country of Lesotho.The project consists of two kimbe…