Cambiex to drill Cambior properties
Montreal-listed Cambiex Exploration has discovered a new gold-bearing quartz vein on the Annie Laurie property in Utah. This brings to five the number of gold-bearing veins found on the property. The …
Articles by Northern Miner Staff
Patrician completes financing
Alberta-listed Patrician Gold Mines has completed an initial public offering valued at $1.6 million. The financing consists of 1.6 million units, with each unit consisting of one common share and a co…
Accident claims two geologists
Geologists Jeffrey Deen, 36, and Mark Burnett, 21, died on the night of July 12, when their vehicle veered off a mountain road near Cerro de Pasco, Peru. Also killed was driver Pablo Villajuan Caso, 2…
NEWS ROUNDUP — Falco Dominicana enters agreement
Ferronickel producer Falconbridge Dominicana has signed an amending agreement with the government of the Dominican Republic reinstating the company’s tax rate of about 50%. The company is owned 85.26%…
Drill program ongoing at East Ingerbelle deposit
With the Similco copper mine back in production, Princeton Mining (TSE) is continuing a drill program aimed at increasing the tonnage and grade of the Ingerbelle East deposit, situated 4,000 ft. south…
Discoveries at Golden Bear
Two new zones of gold mineralization have been discovered on the Golden Bear property in northwestern British Columbia. This marks the third find announced by North American Metals (VSE) and Wheaton R…
METALS PRICES — FREE MARKET (September 05, 1994)
London Metal Exchange Spot closing prices in $US per tonne Date Aug.30 Aug.29 Aug.26 Aug.25 Aug.24 Copper 2457.5-2458.5 N/A 2416-2417 2403-2404 2407-2408 Lead 588-589 N/A 575-576 576.5-577.5 576.5-577…
Tri Origin drills Ontario play
Junior Tri Origin Exploration (TSE) has drilled an 11-hole program totaling 2,500 metres and performed a downhole electromagnetic survey on its Sault gold property, 90 km north of Sault Ste. Marie, On…
COMMENTARY — Managing the uncertainties
The copper industry cannot be called the master of its fate. To a great extent we’re at the mercy of forces over which we have little control, such as the world economy and political situations in ind…
EDITORIAL PAGE — The necessity of going global
To remain a force in this business, a gold mining company must face the relentless challenge of replacing the reserves it mines. The task is especially daunting for majors that surpass the production …
Miramar backs Northern Orion
Related companies Miramar Mining (TSE) and Northern Orion Explorations (VSE) plan to reorganize their Argentine holdings. Northern Orion will acquire the issued capital in Grupo Minera Aconcagua S.A. …
Steelworkers eye Colomac workers
The United Steelworkers of America have filed an application with the Canada Labour Board to represent 200 workers at the Colomac gold mine of Royal Oak Mines (TSE) in the Northwest Territories. Colom…