Monarch spreads its wings in El Dorado camp
In 1987, a company was listed on the London Stock Exchange in order to carry out gold exploration in Venezuela. Since then, Monarch Resources has invested more than US$80 million in the country and go…
Articles by Northern Miner Staff
Quebec’s mining industry promised government support
Jacques Parizeau’s newly elected Parti Quebecois government will introduce measures to strengthen and diversify Quebec’s mining industry, delegates were told at the 20th annual meeting of the Quebec P…
Toronto Stock Exchange Indices (September 26, 1994)
Composite “300” 4376.87 4435.96 4403.85 4385.46 4345.03 4609.93 3518.31 Metals & Minerals 4163.53 4250.59 4230.77 4164.35 4097.43 4270.14 3273.56 Integrated Mines 4368.54 4467.29 4447.10 4358.41 4294….
Modest silver price hikes forcast
The best-performing metal in 1993 may have been silver, but Metals & Minerals Research Services sees only modest price increases for the metal in the years ahead. However, the London-based company, wh…
Anomalous assays uncovered at Starcore platinum project
Anomalous assays are evident from preliminary drill results from the Goodnews Bay platinum property, 420 miles southwest of Anchorage, Alaska. Starcore Resources (VSE) reports that seven holes tested …
Agnico companies buy Legacy shares
Affiliated companies Mentor Exploration and Development (TSE) and Long Shots have, through the open market, acquired almost 250,000 common shares of Legacy Explorations (CDN). Together with Agnico-Eag…
Caldera government imposes strict economic measures
Venezuelan Financial Affairs Secretary Luis Raul Matos has defended the strict economic measures taken recently to overcome the country’s financial crisis, saying the government was taking a “pragmati…
Gold Vessel drilling in El Callao district
A second phase of drilling has been completed on the Choco-6 property in Venezuela’s El Callao district. Gold Vessel Resources (VSE) is earning a half interest in the property from a private Venezuela…
Kinross ups reserves at Candelaria project
Toronto-based Kinross Gold (TSE) has delineated more underground and open-pit reserves at its Candelaria gold-silver mine near Hawthorne, Nev. At the Northern Belle pit, drilling confirmed minable res…
Greenstone plans to raise $10 million in financing
Toronto-listed Greenstone Resources, together with the Emerging Markets Gold Fund, plans to raise US$10 million to fund work at its gold projects in Nicaragua and Honduras. The funding will consist of…
Gregor to drill Hemlo area bet
An 8-week drill program will begin shortly on Gregor Goldfields’ (CDN) gold property near Hemlo, Ont. This program will test two targets — the South Lake and North Hill areas — which are about 1,600…
American active at San Gregorio
With development permits in hand, American Resource (USOTC) is proceeding with engineering work on its San Gregorio gold project in Uruguay. The contract will entail fine-tuning the open-pit plan, dev…