Hoping to repeat last year’s successful exploration campaign at the Meliadine gold project near Rankin Inlet, N.W.T., equal partners Cumberland Resources (CBD-T) and Comaplex Minerals (CMF-T) intend t…
Diamond drill results from a gold project in Virginiatown, Ont., are being greeted enthusiastically by Armistice Resources (ACI-M).The program, which is being carried out from a drift at the 2,250-ft….
Proceeds from a $1.3-million private placement will be used by Sirios Resources (SOI-M) to carry out diamond drilling on its properties in Quebec.At the Delestre massive sulphide project, 70 km northe…
The Indonesian Ministry of Mines and Energy has sent a letter to Bre-X Minerals (BXM-T) and Barrick Gold (ABX-T) that reportedly gives the two companies one month to complete a development agreement f…
Echo Bay Mines (ECO-T) has announced production plans for two new gold mines — one in Canada, the other in Mexico.Over the next two years, the major plans to contribute a total of US$167 million towa…
Sister royalty companies Franco-Nevada Mining (FN-T) and Euro-Nevada Mining (EN-T) have approved an US$84-million development plan for the Rex-Grande gold deposit in Nevada’s Carlin trend.The companie…
The Philippine subsidiary of Newmont Gold (NGC-N) has optioned a 60% interest in two application areas on the island of Luzon from TVI Pacific (TVI-T) for US$4 million.TVI holds a government contract …
When I was a barber in Timmins, Ont., I always kept copies of The Northern Miner on hand. My clients enjoyed following stories about mining projects and developments, including the nearby Texas Gulf S…
Partners Ashton Mining of Canada (ACA-T) and Pure Gold Resources (PUG-T) have launched a drill program aimed at uncovering diamonds in the north-central part of Alberta, northeast of Grande Prairie.Th…
Drill results from the Drybones Bay diamond project in the Northwest Territories are proving encouraging for Trade Winds Resources (TDN-V).In 1996, the company tested the eastern portion of the comple…
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Jan.20/97 (change from previous week in brackets):Aluminium963,325(-5,175)Copper143,225(+11,750)Lead115,375(-2,275)Nickel49,…
Seven consecutive winning days pushed the Toronto Stock Exchange’s composite 300 index beyond the 6,100 mark for the first time ever during the Jan. 15-21 trading period. The index hit record highs on…
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