Canarc, Echo Bay team in Guyana
An alliance with Canarc Resource (TSE) gives Echo Bay Mines (TSE) a call on Canarc’s exploration efforts in Guyana and Suriname. The latter will buy a 3-million-share private placement in Canarc at $2…
Articles by Northern Miner Staff
Birim extends land holdings
The land holdings of Birim Goldfields (CDN), along the Ashanti gold belt in Ghana, have been extended. The junior has been granted an additional 30 sq. km north of the Dunkwa property. The new acquisi…
Study completed for Rambler
A private Newfoundland-based company, Raymo Processing, has carried out a preliminary feasibility study into construction of a 500-tonne-per-day, indoor, vat leaching plant to process the Rambler mine…
Aussie gold producer helps Pegasus gold boost reserves
Spokane- based Pegasus Gold (TSE) has boosted its overall reserve base by roughly 14% since the close of 1994. Attributable proven and probable reserves are now estimated to contain 5.3 million oz. go…
Japanese giant takes shine to Huckleberry
Development of the Huckleberry open-pit copper project in northern British Columbia is getting a helping hand from Mitsubishi Materials. Operator Princeton Mining (TSE) reached an agreement with the J…
Placer makes bid for Musto
For the second time in just over a year, a bid has been launched for the shares of International Musto Explorations (TSE). At stake is a half interest in one of the world’s largest undeveloped gold-co…
Romulus exploring Harmony
Exploration is planned this year for the Harmony (formerly Cinola) gold project on Graham Island, B.C. Romulus Resources (VSE), which is earning a half interest from Misty Mountain Gold (TSE) by spend…
Tombstone eyes Honduran play
A property agreement with two American companies will enable Tombstone Explorations (VSE) to expand into Central America. The Vancouver-based junior can acquire the Minas de Oro copper-gold project in…
EDITORIAL PAGE — Learning from the past
The abuses of Spain’s conquest and exploitation of South and Central America serve as a cautionary lesson for present-day developers, according to Oscar Arias Sanchez, a Nobel Peace Prize winner and f…
COMMENTARY — Galvanizing and the zinc market
Increasingly, the demand for zinc has come to rely on the galvanizing sector. According to the latest figures from the International Lead and Zinc Study Group, consumption in this sector rose by some …
Crude steel output off slightly in ’94
World crude steel production in 1994 totalled 723.3 million tonnes. The International Iron and Steel Institute of Brussels says preliminary figures place output 0.9% below the 1993 level and 8% below …
Commodity index in decline
The commodities index of the Bank of Nova Scotia declined by 1.3% in February after rising for six straight months. A sharp drop in metals and minerals prices and a seasonal fall in agricultural price…