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…
Articles by Northern Miner Staff
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…
Monarch spreads its wings in Venezuela
Favorable drill results have enabled Monarch Resources (TSE) to increase gold reserves at its Camorra mine and Canaima concession in the Venezuelan district of El Dorado. At La Camorra, results have b…
Fairfield chalks up firm earnings
The Siwash gold mine in southern British Columbia continues to pump out profits for Fairfield Minerals (TSE). In 1994, the open pit yielded 27,000 oz., which was augmented by a further 3,000 oz. from …
Gulf boosts gold reserves
Reserves at the Aprelevka mine in Tajikistan have been revised, paving the way for a proposed expansion. A study by Gulf International Minerals (VSE) indicates the open-pit deposit contains about 2 mi…
Azco beefs ups Piedras resource
A drill program has boosted the estimated resource of the Piedras Verdes project in northwestern Mexico. The figure now stands at almost 1.3 billion lb. of contained copper. Based on a 0.2% copper cut…