Reserves boosted at Cerro Colorado
Having assessed the latest drilling and delineation results, Rio Algom (TSE) reports an impressive 90% increase in copper-in-ore reserves at its wholly owned Cerro Colorado mine in Chile. Reserves wer…
Articles by Northern Miner Staff
INSIDER TRADING — Kinross directors complete transactions
Two directors of Kinross Gold (VSE) completed share transactions in January and February. According to the Ontario Securities Commission’s OSC Bulletin, director John Brough was granted 100,000 option…
EXPLORATION ’95 — Red Mountain downgraded to exploration
The Red Mountain gold project near Stewart, B.C., is not yet a potential mine, according to Robert Smith, president of Barrick Gold (TSE). The company acquired the project through its 1994 takeover of…
EXPLORATION ’95 — Draft EIS released for Carlota mine
A wholly owned subsidiary of Cambior (TSE), Carlota Copper, reports that the U.S. Forestry Service has released the draft environmental impact statement (EIS) for its Carlota copper mine, along with a…
Abo Res. active on Argentine copper-gold play
Exploration work is under way on the Uspallata copper-gold project in west-central Argentina. Abo Resources (VSE) has a 40% interest in the property, while Bema Gold (TSE) has a 10% interest and Argen…
Northfield unit acquires Colombian properties
A wholly owned Colombian subsidiary of Northfield Minerals (TSE), Barro Blanco, has acquired options on El Diamante and Concordia, two mining concessions in the Andean Mountains of southern Colombia. …
EXPLORATION ’95 — Great Lakes outlines tonnage at Palmarito
Having completed a 23-hole drill program on its Palmarito silver-gold project in Sinaloa state, Mexico, Great Lakes Minerals (TSE) estimates a geological resource of 2.6 million tonnes grading 0.3 gra…
EXPLORATION ’95 — Cyprus exploring Southwin
Having made its 1995 option payment, Cyprus Canada will continue exploring Noble Peak Resources’ (ASE) Southwin gold project in the Northwest Territories. Later this year, Cyprus will carry out a US$4…
EXPLORATION ’95 — Illegal miners eye Norcan concessions in
Companies interested in Venezuela’s gold potential are particularly attracted to areas worked by illegal local miners, called garimpieros, as this work provides a good indication of prospective target…
EXPLORATION ’95 — Value of Canada’s mineral production rises
The latest figures released by Canada’s minister of natural resources, Anne McLellan, show a 9.1% increase in the total value of Canada’s mineral production in 1994 compared with 1993. Preliminary est…
EXPLORATION ’95 — TVI explores Rapu Rapu property in
A drill program to test the metallurgical qualities of a gold-bearing massive sulphide deposit in the Philippines is being completed by TVI Pacific (ASE). Drilling will be completed on the Ungay-Malab…
EXPLORATION ’95 — Plata to focus on Argentine gold and zinc
Gold and copper are not the only commodities being pursued in Argentina. Newly listed Plata Mining (ASE) intends to focus on the historic Hualilan gold property in San Juan province. But the junior al…