Articles by Northern Miner Staff

An underwriting commitment from Barclays Bank and Banque Paribas will help Dayton Mining (TSE) bring its Chilean gold project to production. The two banks agreed to lend the company US$50 million, sub…

London-listed Monarch Resources has filed a preliminary prospectus for shares valued at $US30 million. About US$20 million will be offered to Canadians and the remainder will be offered to existing sh…

Active in Ecuador since 1985, Ag Armeno Mines & Resources (VSE) is one of several companies keen on the country’s mining potential. Vancouver-based Armeno has interests in a number of projects, includ…

The expansion of Cobrex’s copper-gold-silver project in Chile is well under way and Aurex Resources (VSE) expects to be operating at 650 tonnes per day by July. Aurex acquired a 70% interest in Cobrex…

Montreal-listed Vauquelin Mines (ME) can earn an additional 27.5% interest in the 20-sq.-mile Toleku Bokaso gold property in Ghana. The company now has the option to earn a total undivided interest of…

Drilling on the Boleo copper-cobalt deposit in Baja California Sur, Mexico, has returned encouraging values from the Saturno open-pit target. Coeur d’Alene Mines (NYSE) is earning a half interest from…

A recent base metal discovery northeast of Thunder Bay is being credited to the Ontario Prospectors Assistance Program (OPAP). According to Bernard Schnieders, the government’s resident geologist for …

Toronto-listed Manhattan Minerals has staked an 11-sq.-km gold property in Chihuahua state, Mexico. The land package comprises several large breccia zones hosted in andesite volcanics. One of the zone…

The cash cost of the expanding Escondida mine in Chile is in the mid-US40 cents per lb. range. Analysts for T. Hoare & Co. of London, in a recent report, estimate the above production cost for the pro…

Coal has been a basic commodity for the development of industry as we know it today. It has been essential in most European countries for centuries. More than 3 billion tons of coal are mined annually…

Alberta-listed Marum Resources intends to acquire the Wolverine gold property in Madison Cty., Mont., as well as additional ground nearby. Previously, the area was explored for iron ore hosted in an A…

Your editorial “Diamond standard needed” (T.N.M., Feb. 28/94) incorrectly implies that public reporting of Canadian diamond exploration results is not governed by adequate reporting standards. Stock e…