Hecla, Santa Fe to develop Rosebud deposit
Two American majors plan jointly to develop Rosebud, a high-grade, underground gold deposit 50 miles west of Winnemucca, Nev.Hecla Mining (HL-N) and Santa Fe Pacific Gold (GLD-N) will form a 50-50 joi…
Articles by Northern Miner Staff
Drilling turns up copper, gold
Drilling at the Samarskoye project, 40 miles north of Karaganda in central Kazakhstan, continues to deliver copper-gold values for Kazakhstan Minerals (KMC-T).Five rigs are drilling off a large porphy…
DIAMOND PAGE — Namco sizes up sea-floor diamond assets
An independent evaluation of the Koichab sea-floor diamond prospect of Namco (NMR-V) has been released.A consulting firm reports an inferred resource of 2.4 million carats in a 3.85-sq.-km portion of …
Toronto Stock Exchange Indices (June 03, 1996)
1996 May 28May 27May 24May 23May 22HighLowComposite”300″5219.315235.535229.855223.155239.865248.373983.34 .Metals&Minerals5390.585411.025397.175388.775436.035635.253273.56 .Integr…
PRODUCER PRICES (June 03, 1996)
ALUMINIUM: Composite free market US70.4 cents per lb. (May 28, 1996).ANTIMONY: U.S. producer, US$1.95 per lb. (May 28, 1996).BISMUTH: Composite free market US$3.10 per lb. (May 24, 1996).CADMIUM: Comp…
METAL PRICES — FREE MARKET (June 03, 1996)
London Metal ExchangeMidday bid-ask prices in $US per tonneDateMay 28May 27May 24May 23May 22 .Copper2567-2568Holiday2542-25452557-25582448-2450 .Lead829-830Holiday836-837 854-855 8…
Falconbridge joins Platinova A/S in Greenland
Platinova A/S (PAS-T) has been joined by Falconbridge (FL-T) in its quest for Voisey’s Bay-style deposits in east-central Greenland.The two companies are forming a joint venture to explore a large fee…
Nelson Gold reports startup woes
Most mines experience teething pains during startup, and Nelson Gold’s (NLG-T) Zeravshan project in Tajikistan is no exception.The company operates, and has a 49% interest in, a mining and milling com…
Geomaque cuts encouraging gold grades at its Chicharra property in Mexico
Geomaque Explorations (GEO-T) has found the continuation of the known mineralized trend at its San Francisco mine property in Mexico’s Sonora state.Phillip Walford, vice-president of exploration, says…
Grades drop at Golden Hill
The latest drill results at the Golden Hill gold-copper project in Cuba, unlike those from earlier in the year, have been unspectacular.MacDonald Mines (MMP.A-A) reports that Hole GH-64, drilled at th…
Partners processing ore from Farley Lake
Partners Black Hawk Mining (BHK-T) and Granduc Mining (GDC-T) have begun processing the first gold ore from the Farley Lake-Wendy open pits at the Keystone gold mine in Lynn Lake, Man.Granduc, the ope…
NEVADA SPECIAL — Production recommended for Tonkin Springs
Consultant Behre Dolbear has recommended that the Tonkin Springs gold project in Eureka Cty, Nev., be advanced to production.The 33-sq.-mile Tonkin Springs property is owned 60% by Gold Capital (GOCP-…