Atlas eyes polymetallic producers in Bolivia
In hopes of regaining its producer status, Atlas (AZ-N) plans to buy four mines in Bolivia.The company signed a letter of intent to acquire Arisur, a joint venture company owned by Arimetco Internatio…
Articles by Northern Miner Staff
Juniors eye African copper-cobalt
Zaire ‘s copper and cobalt potential will be explored by two Canadian juniors in partnership with La Generale des Carrieres et des Mines (GECAMINES).As part of a preliminary agreement with Trillion Re…
Spot prices at a glance (August 19, 1996)
Wednesday, August 14, 1996Price (US)Week’s ChangeGold*$387.10-$1.15Silver*$ 5.09…
Fairfield discovers new vein at Siwash gold property
Exploration by Fairfield Minerals (FFD-T) has led to the discovery of a new vein system 650 ft. north of, and parallel to, the main Siwash vein near Merritt, B.C.Fairfield recently completed a 49-hole…
METALS COMMENTARY — Nickel analysts glued to Baywatch
The potential impact of more than 122,000 tonnes per year of Voisey’s Bay nickel production by the turn of the century has nickel analysts focusing their attention on the small, isolated inlet on the …
Greenstone adds to mine reserves
Initial drill results from its Santa Rosa gold mine project in Panama have induced Greenstone Resources (GRE-T) to consider modifying its open-pit design.The company has begun a 10,000-metre drill pro…
BHP to manage Increible gold prospect in Venezuela
The Increible gold property of Bard Silver & Gold (BDS-V) is now being managed by Australian mining giant BHP Minerals, following the major ‘s agreement with Bard and Venezuela-based Greenwich Resourc…
Agreement signed for New Burgin
Chief Consolidated Mining (CFCM-Q), Akiko Gold Resources (AKI-V) and a U.S.subsidiary of Korea Zinc have formed a joint venture to develop the New Burgin deposit in Utah.The deal transfers a half inte…
Rio announces modifications to Argentine copper-gold project
With construction 40% complete, the Bajo de la Alumbrera project in western Argentina is about to undergo some changes.Operator Minera Alumbrera plans to install a gravity circuit designed to recover …
COMMENTARY — The golden age of technology
By any measure, we live in a golden age of technology — an age in which orbiting satellites tell us the temperature of the earth and measure the gaps in the ozone layer; an age in which a student, at…
EDITORIAL — The search for accountability
In the wake of every tragedy comes the inquiry into what went wrong, why things went wrong and who, if anyone, might be responsible. In the case of the Westray disaster in Plymouth, N.S., where, on Ma…
Princeton keeps head above water during second quarter
In the second quarter of 1996, Princeton Mining (PMC-T) posted a profit of $276,000, down from the $2 million the company earned for the same period in 1995.Revenue was $18.8 million, up from $12.3 mi…