Articles by Northern Miner Staff

Etruscan finances Nigerien project

Two private investors have purchased $1.5 million, and Echo Bay Mines (TSE) has purchased $2.7 million in common shares and warrants, in Etruscan Enterprises (VSE).The placement enables Etruscan to co…



Cambior withdraws from Douay project

An option on the Douay gold deposit near Joutel, Que., has been dropped by Cambior (TSE). The agreement had required Cambior to finance development of the deposit to earn a 50% interest from Vior Mini…


Homestake targets Aussie subsidiary

In a stock swap valued at about US$162 million, Homestake Mining (NYSE) plans to assume sole ownership of its Australian subsidiary.The company will exchange 9.8 million shares of its common stock for…


Normabec explores for base metals

In the Matagami region of northern Quebec, Normabec Mining Resources (ME) is exploring for nickel-copper sulphides and precious metals.Normabec entered an agreement with Soquem to acquire an interest …


Rea Gold boosts reserves at Bissett

Vancouver-based Rea Gold (TSE) has seen geological gold reserves increase at its Bissett mine, about 160 miles northeast of Winnipeg, Man.Geological reserves at the former producer are now estimated a…


Eastfield options ground to Prism

A joint-venture agreement with Eastfield Resources (VSE) gives Prism Resources (VSE) the right to earn a 50% interest in a group of properties in the Tonopah gold mining district of west-central Nevad…




Spill shuts down the Omai gold mine

The Omai gold mine in north-central Guyana was shut down when it was discovered that effluent had seeped through the tailings dam and into the Omai River.The market took instant notice of the spill. S…


PEOPLE — BANFF RES. (August 28, 1995)

Al-Nashir Jamal appointed director and chairman; Louie Mikulic appointed president and director; Allan Beaton appointed director and vice-president of mining; Hans Schwabl appointed director and vice-…


TSE indices

— 1995 — Aug 22Aug 21Aug 18Aug 17Aug 16 High LowComposite”300″4601.684608.304619.924620.174608.384718.273983.34Metals&Minerals5239.345252.775222.305241.395106.885276.123273.56I…


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