EDITORIAL PAGE — The school of hard knocks
A sobering dose of reality hit the Canadian diamond play this past week as disappointing results were released by Kennecott Canada from the DO-27 (Tli Kwi Cho) kimberlite in the Lac de Gras region of …
Articles by Northern Miner Staff
Vengold decides against acquisition of St. Philips
The proposed acquisition of all the shares of St. Philips Resources (VSE) by Vengold (TSE) will not proceed. Vengold had offered to purchase all the issued shares of St. Philips in return for Vengold …
AMERICAS — Chile and Mexico draw globetrotter Cominco Int’l.
Geologists working for Cominco Resources International (TSE) are ensuring that their company lives up to its name. This year’s activities include searching for porphyry copper deposits in Chile’s Atac…
Panamanian project on schedule — Greenstone hikes Santa Rosa
Having announced a 39% increase in minable ore reserves at the Santa Rosa deposit, Greenstone Resources (TSE) is looking forward to the startup of its second Latin American gold mine later this year. …
Aber plans bulk-sampling program
It was standing room only at the annual meeting of Aber Resources (TSE) as management explained plans to carry out a mini-bulk-sampling program on two recently discovered kimberlites in the Lac de Gra…
Black Swan eyes copper project in W. Australia
Armed with a positive feasibility study, Black Swan Gold Mines (TSE) is hoping to place its Teutonic Bore copper project in production. The property is near Laverton in Western Australia. The junior i…
Table Mountain producing gold
Since mill startup in April, the Table Mountain mine in northwestern British Columbia has produced 5,785 oz. gold for owner Cusac Industries (TSE). A modest-sized underground producer, Table Mountain …
LETTERS TO THE EDITOR — Lab standards needed for diamond
I write in an attempt to warn shareholders and analysts of the possibility of erroneous conclusions when dealing with micro and macrodiamond counts as released by public companies in Canada and elsewh…
STOCK MARKETS — TSE composite index rises despite drop in
Although most major metal prices took a tumble, the Toronto Stock Exchange posted a moderate gain for the 5-day report period ended Aug. 2. The composite 300 index jumped just more than 60 points, or …
St Andrew suspends production at Stock
Production has been suspended at St Andrew Goldfields’ (TSE) Stock Twp. mine near Timmins, Ont. The mine is being prepared for an extensive underground exploration program that was originally schedule…
Rights issue for Breakwater
Under a proposed rights offering, common shareholders of Breakwater Resources (TSE) will receive one right for each common share held. One right will entitle the holder to buy one common share at 10 c…
Canada’s top gold mines increase output in 1993
Although total Canadian gold output fell by nearly 6% in 1993 to 151 tonnes, production from the country’s top mines showed a marginal increase. Cumulative production last year from Canada’s top 12 mi…