Minefinders hits gold at La Bolsa
Encouraging assays are reported from reverse-circulation drilling at the Bolsa property in Mexico’s Sonora state.Minefinders (VSE) says more than half of the 20 holes intersected mineralization gradin…
Articles by Northern Miner Staff
NEWS ROUNDUP — Murgor drills for gold at Barry Twp.
Montreal-listed Murgor Resources has completed the first phase of its winter program at the Barry Twp. gold property in northwestern Quebec. The program consisted of 22 near-vertical, shallow holes dr…
Bolivar expects Tomi feasibility study in May
A feasibility study is under way at the Tomi gold project in Venezuela’s Bolivar state.Bolivar Goldfields (TSE) commissioned Toronto-based Kilborn to conduct the study, which is expected by mid-May.Th…
Cambior is upbeat over Cameron Lake
The Cameron Lake gold deposit in northwestern Ontario could be brought into production using bulk-mining methods, producing 1,800 tonnes daily.Such is the conclusion of an assessment by gold producer …
ODDS’N’SODS — The Italian immigrant
During the 1950s, many newly arrived immigrants were hired at the fast-developing world uranium centre that was Elliott Lake, Ont. Numerous sturdy Italians made their way to the mines and gradually fo…
Ashanti Goldfields CEO to speak at CIM luncheon
Ashanti Goldfield’s 10 years of growth will be discussed by Chief Executive Officer S.E. Jonah at this month’s meeting of the Canadian Institute of Mining, Metallurgy and Petroleum, in Toronto. Topics…
Decimal trading set to start in April
Canadian stock exchanges will begin decimal trading on April 15, in a move designed to increase liquidity on the market. All five exchanges are making the change on the same date.Shares priced above $…
Tax freeze key to future investment
In a measure designed to stimulate investment activity and create jobs in the mining sector, the Ontario government has frozen all taxes and fees relating to the industry.The Mining Land Tax has been …
DIAMOND NEWS — Namco finds diamonds off Namibian coast
Stepout sampling by Namco (VSE) off the coast of Namibia has uncovered diamonds in all 16 locations.The company took samples at 10-metre stepouts from the five discovery holes drilled in the sea floor…
EDITORIAL PAGE — The Yukon beckons
Back in the early 1990s, when Venezuela was attracting the attention of North American mining companies hoping to make major discoveries, a few geologists began looking towards West Africa as an exten…
GOLD FUNDS (February 05, 1996)
Gold Funds as of January 25, 1996BGRCentralNet Value$20.13$7.01Price$17.25$7.125Discount14.32%1.6%Value$157,406,000$128,957,513…
DIAMOND NEWS — Shore Gold acquires Saskatchewan diamond properties
The Fort a la Corne diamond play in Saskatchewan has attracted the attention of Shore Gold (ASE).Shore has acquired a half interest in claims totalling 4,654 hectares, next door to the Fort a la Corne…