Nuinsco encouraged by drill results
Diamond drilling by Nuinsco Resources (TSE) in Ontario’s Rainy River district has revealed intervals of high-grade gold.Of 22 holes drilled on the Richardson Twp. property, 17 have been analyzed, with…
Articles by Northern Miner Staff
Former Ugandan cobalt producer attracts attention of Banff Resources
Preparations are under way to resuscitate the Kilembe copper-cobalt mine in Uganda.Banff Resources (VSE) can earn a 65% interest in the former producer from the Ugandan government by completing a feas…
“Pride and vision” theme of CIM Centennial
“Pride in the past and vision for the future” will be the theme used in 1998 to mark the 100th anniversary of the Canadian Institute of Mining, Metallurgy and Petroleum (CIM).Anne McLellan, Canada’s m…
Insider Trading — Cameco insiders exercise options, sell shares
Four Cameco (TSE) insiders exercised options and sold shares in April.According to the Ontario Securities Commission’s OSC Bulletin, Gary Chad, senior officer, exercised options and acquired 3,000 sha…
Investment Commentary — Arequipa properties advance to drill stage
With total land holdings in Peru encompassing more than 137,000 hectares, Arequipa Resources (VSE) offers investors excellent short-term leverage, says mining analyst Graeme Currie of Canaccord Capita…
Mount Polley decision expected before fall
The Mount Polley project in central British Columbia could be producing copper and gold by the end of the first quarter of 1997.At the annual meeting of Imperial Metals (TSE), President Pierre Lebel s…
Breakwater back from the brink
With progress being made to address the metallurgical difficulties at the Caribou zinc-lead-silver mine, Breakwater Resources (TSE) is well on the road to recovery, company officials say.”Your company…
Triton starts trenching at Topacio gold project
The Topacio gold project in southeastern Nicaragua is gradually taking shape under the direction of Triton Mining (TSE).Previous work, in the mid-1980s, identified a probable resource of 559,000 tonne…
Gold Funds (June 26, 1995)
Gold Funds as of June 20BGRCentralNet Value$17.78$6.77Price$14.50$7.125Discount18.43%Premium5.2%Value$138,979,000$128,957,513…
Falconbridge to proceed with Raglan
Though remote, the area along the northeastern shore of Labrador and Quebec is gaining renown as a hot spot for nickel discoveries. In addition to the Voisey Bay nickel-copper-cobalt deposit controlle…
Cyprus Amax finances El Abra
A major hurdle has been cleared in the endeavor to develop the Chilean copper project known as El Abra.Cyprus Amax Minerals (NYSE), which owns 51% of the gigantic project, reports that financing of US…
Rea projects highlighted by Mt. Hamilton, Bissett
The initial phase of a US$1-million exploration program is under way at the Mt. Hamilton gold mine on Nevada’s Battle Mountain trend.The work, which involves 35,000 ft. of infill drilling in and aroun…