Eurus/Crystallex upgrade mill
Partners Eurus Resource (VSE) and Crystallex International (VSE) have installed a ball mill that is expected to triple the capacity of the 100-tonne-per-day mill on the Albino gold concession in Venez…
Articles by Northern Miner Staff
Bre-X acquires 80% interest in Indonesian gold property
Calgary-based junior Bre-X Minerals (ASE) has acquired an 80% working interest in an advanced gold project in East Kalimantan, Indonesia. The 57,571-hectare property contains three main occurrences, t…
LAST BUT NOT LEAST…Kinross issues special warrants
Underwriters Midland Walwyn Capital, Nesbitt Thomson and Goepel Shields & Partners have agreed to acquire 10 million special warrants of Kinross Gold (TSE) at $2.50 each for total proceeds of $25 mill…
LAST BUT NOT LEAST…Kalahari acquires Abitibi properties
Vancouver-based Kalahari Resources (VSE) has acquired 31 properties along the Abitibi greenstone belt of northwestern Quebec and northeastern Ontario. The properties were chosen by a group of prospect…
LAST BUT NOT LEAST…Reed Lake extends gold zone
A sampling program on the Corbiere Twp. property near Wawa, Ont., has extended the gold-rich pyrite zone another 60 metres to the west, reports Reed Lake Exploration (ASE). The 3-metre-wide zone, whic…
Low metal prices squeezing Highland Valley mine
With reserves of 632.9 million tonnes averaging 0.414% copper and 0.0068% molybdenum yet to be mined, the huge Highland Valley copper mine near this interior community has about 15 more years to look …
NEWS ROUNDUP — Trev announces drill program
Drilling funded by Cameco (TSE) will test a high-grade gold discovery made by Trev (ASE) on its Cornice Mountain project near Stewart, B.C. The project is 15 km from Lac Minerals (TSE) Red Mountain go…
Miramar lands Con funding
VSE-listed Miramar Mining has secured funding for its purchase of the Con mine in Yellowknife, N.W.T. Sprott Securities and Yorkton Securities agreed to buy, through a bought deal, 11.25 million speci…
NEWS ROUNDUP — Tulsequah drilling under way
Underground drilling is in progress with two rigs at the Tulsequah Chief property in northwestern British Columbia. Owner Redfern Resources (TSE) expects to complete about 25,000 ft. of definition dri…
Deep hole to probe Geco potential
In what is probably the deepest hole ever commissioned by Noranda (TSE), a diamond drill will probe the Manitouwadge Synform to a depth of 8,000 ft. in a long-shot bid to extend the productive life of…
NEWS ROUNDUP — Vengold adds to land position
Several recent agreements are expected to increase Venezuelan Goldfields (VSE) exposure to mining concessions in Venezuela. The company intends to subscribe for two million units of Consolidated Cassa…
Mexican mine may be re-opened
The silver-zinc-lead mine of Minera Real de Angeles in the Mexican state of Zacatecas is expected to be re-opened in the near future, Mexican sources say. The mine was closed in April, but higher silv…