Pacific Amber expands Indonesian presence
The signing of a memorandum of understanding to acquire 112,000 hectares in West Kalimantan marks the fourth property acquisition for Pacific Amber Resources (VSE) in Indonesia.Under the agreement wit…
Articles by Northern Miner Staff
Fairstar to fund Ghanaian exploration
Following exploration of its Benso concession in Ghana, Fairstar Explorations (ME) has entered into a $6.5-million agreement to fund further work.The 150-sq.-km concession is on the eastern side of th…
Underground program for Damoti
Partners Consolidated Ramrod Gold (TSE) and Canadian American Resource plan to go underground this summer at the Damoti Lake project north of Yellowknife, N.W.T.Canadian American is funding the planne…
Cons. Nevada plans merger
Toronto-listed Consolidated Nevada Goldfields (CNG) will merge with Grupo Real del Monte, a mining company based in Mexico City.As a result, CNG will end up with double its current productive capacity…
Dawson City to host placer gold show
Northern Canada’s largest industry and trade show for the placer mining sector is scheduled for May 17-18 in Dawson City, Y.T.The 11th annual Dawson City International Gold Show will feature a keynote…
Gold Reserve boosts resource
The first phase of infill drilling at the Brisas concession in the Kilometre 88 region of Venezuela has translated into an increase in copper-gold resources for Gold Reserve (TSE).The company, drillin…
Greenstone enhances Libertad potential
Drilling and trenching by Greenstone Resources (TSE) on its Libertad concessions in Nicaragua have expanded the size of the Cerro Mojon deposit.Reverse-circulation drilling has extended Cerro Mojon to…
STOCK MARKETS — Western markets stage mixed performance
Western markets put in a mixed performance over the report period ended March 26, with the Vancouver Stock Exchange composite index posting a 24.3-point gain to 1,080.55.The resource index failed to f…
Geostatistical program planned for McGill
The Department of Mining and Metallurgical Engineering at McGill University in Montreal will sponsor a 3-day course called “Geostatistics for Ore Reserve Estimation and Grade Control.”Presented by Mic…
Exploration increases in Southeast Australia
A government support system for mining companies is bearing fruit in Southeast Australia.Exploration and mining expenditures in the state of Victoria rose to A$112.6 million in 1995 from A$96.1 millio…
Solv-Ex under investigation in United States
A U.S. grand jury is investigating the possible manipulation of shares of Solv-Ex following a ten-fold increase in price during the past year.The probe follows an earlier investigation into the compan…
COMMENTARY — The resource sector and the budget
The Hon. Paul Martin, federal minister of finance, wrote the following at the invitation of Keep Mining In Canada, a national grassroots campaign designed to increase public awareness of the importanc…