Nymex plans new trading centre
The New York Mercantile Exchange (Nymex) plans to build a new headquarters and trading floor in Manhattan’s Battery Park City. The commodity futures and options exchange grew recently when the Commodi…
Articles by Northern Miner Staff
First mining co-op students
The first mining co-op students recently received their diplomas as mining engineering technicians from the Haileybury School of Mines at Haileybury, Ont. A co-op system allows students to alternate a…
Positive preliminary study for Petaquilla
— A preliminary feasibility study by Kilborn Engineering Pacific recommends the Petaquilla and Botija copper-gold deposits proceed to the final feasibility stage. Adrian Resources (TSE), which can ea…
NEWS ROUNDUP — Homestead outlines DKO targets
Geological and geophysical targets have been outlined on the DKO gold property of International Homestead Resources (VSE) near Larder Lake, Ont. A program of line cutting and geophysical surveys has b…
First cathode at Quebrada Blanca
The Quebrada Blanca mine in northern Chile has yielded its first cathode copper. Perched in the Andes at an altitude of 4,300 metres, near the Bolivian border, the mine is in the midst of completing i…
NEWS ROUNDUP — Atna expands Yukon holdings
A polymetallic massive sulphide discovery by Cominco (TSE) has sparked increased interest in the Finlayson Lake area of southeastern Yukon. Atna Resources (TSE) recently enlarged its two claim blocks …
Adex to transfer Philippine project
Toronto-listed Adex Mining is seeking shareholder approval to transfer its interests in the Asia Pacific porphyry copper project to a new company known as Tequila Copper, which will soon begin trading…
NEWS ROUNDUP — Potential new zone at Huckleberry
Drilling on the Huckleberry property near Houston, B.C., has returned several copper intersections from a new area northwest of the Main zone deposit. Owner New Canamin Resources (VSE) drilled the are…
Shaft deepening at Doyon approved
The shaft at the Doyon gold mine 40 km east of Rouyn-Noranda, Que., will be deepened to 1,024 metres from 654 metres. Equal Doyon partners Cambior (TSE) and Lac Minerals (TSE) have approved a feasibil…
Fosters options claims in New Brunswick
By spending $75,000 on exploration this year and $750,000 over five years, Fosters Resources (ASE) can earn a half interest in 130 claims in New Brunswick. Exploration of the 5,200-acre property will …
LATIN AMERICA ROUNDUP — Morgain plans infill drilling
Infill drilling is to begin later this year on the Cuatro Hermanos porphyry copper property in Mexico’s Sonora state. The work is scheduled to last 18 months at a cost of US$3.5 million. Morgain Miner…
LATIN AMERICA ROUNDUP — Altai options Peruvian property
A Peruvian subsidiary of Altai Resources (TSE) can earn a 60% interest in La Brena, a gold-copper property in southern Peru. The 3,000-hectare property hosts copper-gold mineralization with an exposed…