Bre-X calculation expands Busang resource
A resource calculation for part of the Southeast zone at Bre-X Minerals’ (ASE) Busang deposit has added another 9 million oz. to the project’s potential gold resource, which now stands at 24.9 million…
Articles by Northern Miner Staff
Ashanti moves to merge with Golden Shamrock Mines
As part of a strategy to become the world’s fifth-largest gold producer, Ashanti Goldfields (NYSE) has proposed another merger — this time with Australia’s Golden Shamrock Mines (TSE).The deal would …
GREATEST VALUE TRADED — Apr. 10-1
Exch Value($000s)HighLowClose ChangeDiamond Flds T464569 $40 1/238 3/840 1/4+1Inco Ltd T290169 $45 1/442 1/445+2 1/8Placer Dome T191706 $41 1/438 3/838 3/8-7/8Barrick Gold …
Rex exposes diamond-bearing fissure at Ardo
Toronto-based Rex Diamond Mining (CDN) says it has exposed a new diamond-bearing fissure that could double production at its Ardo mine in South Africa.The company says the fissure, which is more than …
Spot prices at a glance (April 22, 1996)
Wednesday, April 17, 1996Week’s Price (US)ChangeGold*$391.40-$3.15Silver*$ 5.31-$0.15Platinum*$401.75-$4.25Nickel**$ 3.69+$0.09Lead**$ 0.37-0.01Copper $ 1.17+$0.04Zinca$ 0.47…
Cata Preta drilling fuels trading in Black Swan Gold
The latest drill results from the Cata Preta property in Brazil’s Minas Gerais state have generated a flurry of trading activity in Black Swan Gold Mines (VSE).The trading interest related to complete…
Falco looks toward busy but Voisey-less future
It is not without regret that Falconbridge (TSE) sails from the nickel-plated coast of Voisey’s Bay, Labrador, yet president Frank Pickard is confident there are higher profits to be made elsewhere.Ad…
Pangea drilling program confirms the continuity of Fenn-Gib mineralization
Diamond drilling has confirmed the continuity of mineralization at Pangea Goldfields’ (TSE) Fenn-Gib gold property in Guibord Twp., east of Matheson, Ont.The program of 11,500 metres of infill and def…
Index (April 22, 1996)
REG DEPTSCareersClassified AdvertisingCommentaryDiamond PageDrillersEditorialsInvestment CommentaryMetal PricesOdds `n’ SodsProfessional DirectoryStock MarketsSubscriber Service.AMOST ACTIVE…
EDITORIAL — Our mining heritage: an industry in itself
Some of the most popular tourist destinations in rural Canada are former mine sites. Barkerville, a small British Columbia town which keeps alive the spirit and color of the historic Cariboo gold rush…
PEOPLE (April 15, 1996)
AMAX GOLD — Scott Shellhaas appointed president and chief operating officer.CONS. NRD RES. — Brent Fidler and Derek Keating appointed directors.CORDAL RES. — Bernie Brauer appointed director; Rober…
Kenrich prepares to drill Corey property
A $1.4-million drilling and exploration program is set to begin on the Corey property in northwestern British Columbia.Kenrich Mining (VSE), which owns the 83,000-acre property, will drill 40 holes in…