METAL PRICES — FREE MARKET (February 24, 1997)
London Metal ExchangeMidday bid-ask prices in $US per tonneDateFeb. 18Feb. 17Feb. 14Feb. 13Feb. 12…
Articles by Northern Miner Staff
LITERATURE REVIEW — NEWS ROUNDUP — Drills turn on Gowest ground
A drill program is under way at the Detour Lake West property and at the Denton Twp. property west of Timmins, Ont., reports junior Gowest Amalgamated Resources (GWA-A).Placer Dome (PD-T) is carrying …
LITERATURE REVIEW — Radisson drilling at O’Brien
A drill program by Radisson Mining Resources (RDS-M) has resumed at the O’Brien property, a past-producer in the heart of Quebec’s Abitibi gold district.The current program is testing new gold-bearing…
Zappa closes private placement
Zappa Resources (ZPA-V) has raised $1.5 million in a private placement with Cambior (CBJ-T). Proceeds will be used to explore the Papa Grande massive sulphide property in Ecuador.Zappa secured a major…
Noble Peak to resume drilling
A follow-up exploration program, including diamond drilling, will begin shortly at the Worcester mine project, a former producer in the Barberton gold belt of South Africa.Operator Noble Peak Resource…
Santa Catalina gets Colombian property
Santa Catalina (SLM-V) will earn a half interest in four concessions covering a major copper-gold porphyry system in northwestern Colombia.The remaining interest is held by Colorado-based Cyprus Amax …
EDITORIAL PAGE — Footprints over Voisey’s Bay
After meeting in Montreal to discuss their overlapping areas of aboriginal use and occupancy, the Labrador Metis Association and the Nunavik Inuit of northern Quebec formed a coalition to “protect the…
Avalon drills Dubenski project
A first phase of drilling by Avalon Ventures (AVL-V) is testing the resource potential of the Dubenksi gold project, 70 km southeast of Kenora, Ont.The property already contains a resource of 253,000 …
LITERATURE REVIEW — Santa Fe’s Nevada mines come of age
Having set a gold production record at its Nevada and California operations in 1996, Santa Fe Pacific Gold (GLD-N) says it is on track to join the 1-million-oz. club this year, climbing to a projected…
Cominco buys stake in Anvil Range
Base metal miner Cominco (CLT-T) has purchased 4.1 million shares of Anvil Range Mining (ARO-T) at $2.30 per share through a recent private placement.Gross proceeds of $9.4 million were paid to Anvil …
KWG adds to Russian portfolio
Montreal-based KWG Resources (KWG-T) can earn up to an 80% interest in seven gold properties held by Buccaneer Mining in the Magadan region of Far Eastern Russia.The agreement also covers three Russia…
Int’l Pursuit pursues Dayak
Determined to become a bigger player in Kalimantan, Indonesia, junior gold explorer International Pursuit (IPJ-T) is attempting a takeover of its partner, Dayak Goldfields (DAYK-C).Pursuit has offered…