Articles by Northern Miner Staff

NEWS ROUNDUP — Canmine drills holes at Island zone

Drill results from the Island zone on the Fer property in northern Manitoba suggest the gold-copper mineralization continues at depth. Canmine Resources (ASE) reports that a 2.9-metre section from hol…


NEWS ROUNDUP — Mirandor eyes Spanish Mountain gold

Junior Exploration Mirandor (ME) has arranged a $150,000 private placement. The funds, which consist of common shares priced at 20 cents each and one warrant per share valued at 26 cents, will be used…


Norcan arranges new financing

VSE-listed Norcan Resources has announced a private placement of 500,000 units at 60 cents each. A unit consists of one share and one warrant that entitles the holder to buy one additional share for 6…


Bre-X drilling Indonesian prospects

At the Busang project in East Kalimantan, Bre-X Minerals (ASE) has intersected gold mineralization in 22 of 31 holes over a strike length of 750 metres. Significant intersections of holes drilled to a…


Globex options U.S. gold plays

Montreal-listed Globex Mining has opted to acquire two gold properties in the western U.S. As consideration, Globex granted a net smelter return on each property payable if the gold price rises above …


ODDS’N’SODS — The benefits of mining

Mine-finding is perhaps the most difficult and financially hazardous task undertaken in the industrial world. Success requires supreme dedication or phenomenal luck, or some part of both. Few people u…


BOOK REVIEW — Ontario’s rocks

Rock ONtario, published by the Ministry of Northern Development and Mines. Contact: Mines and Minerals Information Centre, Room M2-17, Macdonald Block, 900 Bay St., Toronto, Ont. M7A 1C3, or Publicati…


TVX buys stake in Czech property

Toronto-based TVX Gold (TSE) has acquired a 90.5% equity interest in a Czech company which holds the Kasperske Hory gold property. Situated 160 km southwest of Prague in the Czech Republic, the proper…


Southern Copper looks to grow

A feasibility study on the Oracle Ridge copper mine, near San Manuel, Ariz., calls for current output to be doubled. Southern Copper (VSE) mines and processes 1,000 tons per day from the underground o…


PEOPLE — AMERICAN GEM (October 10, 1994)

Robert Kane appointed vice-president and director of international exploration; Londell Faught appointed vice-president and chief financial officer; and Edward Mihelich appointed vice-president and ch…



Spot prices at a glance (October 10, 1994)

Week’s Price (US) Change Gold* $392.15 – $5.35 Silver* $5.60 – $0.10 Platinum* $417.50 – $1.90 Nickel** $2.90 – $0.02 Lead** $0.29 + $0.01 Copper $1.14 – $0.02 Zinc $0.47 + $0.01 Courtesy of Scotiaban…


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