Akiko cuts new zone at New Burgin project
Drilling on the New Burgin silver-lead-zinc project in Utah has intersected a new zone of gold-rich mineralization for partners Akiko Gold Resources (VSE) and Chief Consolidated Mining (NASDAQ).Hole C…
Articles by Northern Miner Staff
Falco, Minorco complete purchase
The planned acquisition of Royal Dutch/Shell’s one-third interest in the Collahuasi copper project has been completed by Falconbridge (TSE) and Minorco.As a result of the purchase, Falconbridge and Mi…
DIAMOND NEWS ROUNDUP — Parcel of diamonds from Diavik sent for valuation
This month, Kennecott Canada is expected to decide if it will proceed with an underground bulk-sampling program on the A-154 South kimberlite in the Lac de Gras region of the Northwest Territories. Th…
Anglo American studies Venezuelan nickel mine
Having completed a feasibility study on the Loma de Hierro nickel project in Venezuela, Anglo American hopes to work towards development of an open-pit mine.The proposed operation would produce ferro-…
INSIDER TRADING — Senior officers and directors trade Barrick Gold shares
A senior officer and two directors of Barrick Gold (TSE) sold common shares of the company in March.According to the Ontario Securities Commission’s OSC Bulletin, Luis Baertl, senior officer, exercise…
Tri Origin drills Straw Lake play
A 2,000-metre drill program is under way at Tri Origin Exploration’s (TSE) Straw Lake gold property, west of Thunder Bay, Ont.The northern half of the 2,135-hectare property is underlain by intrusive …
Drilling adds potential to Voisey Bay
Exploratory drilling is expanding the tonnage potential of the Voisey Bay nickel-copper-cobalt project in Labrador.Property owner Diamond Fields Resources (TSE) says six holes were directed at evaluat…
Altai buys antimony deposit
Canadian junior Altai Resources (TSE) has bought the Bayat antimony oxide deposit in southwestern Turkey.The deposit, which lies within a 512-hectare property east of the city of Afyon, is accessible …
Meetings (May 29, 1995)
MEETINGSJune 5, Aztec — annualJune 5, Eldorado — annual, generalJune 5, Golden Queen — extraordinaryJune 5, Klondex Mines — annual, generalJune 5, Newscope — annual, generalJune 6, Arjon Gold — …
Index (May 29, 1995)
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Magma buys back outstanding warrants
In an effort to prevent stock dilution, Magma Copper (NYSE) is offering to buy back its outstanding warrants.The company will pay US$8.25 for each of the 4.1 million publicly traded warrants, which ha…
INVESTMENT COMMENTARY — Investors advised to pursue promising junior
With the takeover of International Musto Resources (TSE) by Rio Algom and Australian-based North Ltd. all but complete, investors may be on the lookout for juniors exhibiting similar exploration poten…