Sutton alleges secret agreement
The ongoing battle for control of Sutton Resources (STT-V) has taken a new direction, with the company accusing its former chairman of making a secret deal to joint-venture its Tanzanian gold property…
Articles by Northern Miner Staff
COMMENTARY — A penny saved
Americans are demonstrating continual, overwhelming support for the penny.Recently, the future of the coin was discussed at a hearing presided over by Congressman Michael Castle, chairman of the House…
Anvil Range pays off bridge loan
Strong earnings from the Faro mine in the Yukon have enabled new owner Anvil Range (ARO-T) to prepay a US$15-million bridge loan to its major shareholder, Hyundai Canada.Financing for the early repaym…
Toronto Stock Exchange Indices (September 16, 1996)
1996Sept 10Sept 9Sept 6Sept 5Sept 4HighLowComposi…
Teck gets piece of Donner Resources
One of the biggest players in the Labrador exploration scene has caught the eye of a major producer.Teck (TEK-T) has agreed to finance exploration work on the South Voisey’s Bay project of Donner Reso…
PEOPLE — CONNECTICUT DEVELOPMENT (September 09, 1996)
Robert Kolt appointed director.
Western Copper joins Teck in Mexico
Further exploration and development of the copper property known as El Salvador, in the Mexican state of Zacatecas, will be carried out by Teck (TEK-T) and Western Copper Holdings (WTC-T) in a 55-45 j…
Farallon tests Campo Morado
Diamond drilling by Farallon Resources (FAR-V) at the Campo Morado property in Mexico has intersected massive sulphides with significant values of gold and silver mineralization.The 277,335-ha propert…
OBITUARY — Paul Penna
Paul Penna, chief executive officer and president of Agnico-Eagle Mines, has died. He was 73.The head of Agnico-Eagle for 33 years, Mr. Penna began his career as a seller of penny-stock on Bay Street …
IAMGOLD, Ashanti launch US$38M program
Reverse-circulation drilling has intersected mineralization on three of 10 West African concessions owned by partners IAMGOLD (IMG-T) and Ashanti Goldfields (AGC-T).The results represent the first pha…
Archangel uncovers more diamonds
Vancouver-based Archangel Diamond (AAD-V) has released encouraging results from hole 43 at the Verkhotina diamond project in Russia.Although it is the fourth hole to intersect the 441 kimberlite pipe,…
Omax Resources expands holdings in Indonesia
One of several Australian-based juniors listed in Canada, Omax Resources (OXR-V), is assembling an extensive portfolio of properties in Indonesia and appointing new management to oversee exploration t…