Equinox acquires Tenneco assets
The recent acquisition of a subsidiary of Tenneco will give Equinox Resources (TSE) another operating mine. The acquisition, priced at about US$2.4 million, includes a 100% interest in the Goldstrike …
Articles by Northern Miner Staff
NEWS ROUNDUP — Flag drilling Wanapitei anomaly
Drilling is under way on Flag Resources’ (ASE) 24,000-acre claim block covering the Wanapitei anomaly near Sudbury, Ont. The 5,000-ft. hole is designed to penetrate basement rocks underlying the Huron…
Hemlo Gold drills Lenora’s Omega
Drilling by Hemlo Gold Mines (TSE) is under way on the Omega gold property near Kirkland Lake, Ont., Greater Lenora Resources (TSE) reports. Diamond expert Christopher Jennings has joined Lenora’s boa…
NEWS ROUNDUP — Freewest to test high-grade zones
Drilling to test known mineralized zones as well as recently located geophysical anomalies is scheduled to begin on its Verneuil Twp., Que., property in mid-November, says Golden Tag Resources (VSE). …
Commodity index tracks decline in metal prices
The commodity price index of Scotiabank edged down by 0.4% in August, the third drop in as many months. Declines in metal and mineral, agricultural, and oil and gas prices more than offset stronger fo…
NEWS ROUNDUP — Billiton clinches Selbaie zinc mine
Toronto-based Billiton Metals Canada will acquire full ownership of the Selbaie copper-zinc mine and mill complex 200 km north of Rouyn-Noranda, Que., after signing a formal agreement with BP Canada (…
Gold standard unlikely, analyst says
The currency troubles being experienced by numerous countries, particularly in Europe, have some persons calling for a return to a gold standard. One observer who thinks a rigid gold standard is a rem…
NEWS ROUNDUP — Coniagas group ponders merger
A proposed merger has been announced by Quebec Sturgeon River Mines (TSE), The Coniagas Mines (TSE), Garrison Creek Consolidated Mines (CDN) and Anglo Dominion Gold Exploration (TSE). Share exchange r…
NEWS ROUNDUP — Sheridan hearing postponed to Jan. 5
A court date to hear charges against mining promoter Patrick Sheridan has been postponed until Jan. 5, 1993, says the Ontario Securities Commission (OSC). Originally scheduled for Aug. 25, the OSC hea…
NEWS ROUNDUP — Westray inquiry deferred, charges laid
Following the deferral of the start of an inquiry into the Westray mining disaster by the Nova Scotia Supreme Court, four mine managers and Westray owner Curragh (TSE) have been charged with 52 offenc…
GUEST COLUMN — Industry must promote its image
My time in the mining industry is approaching half a century. There have been many changes, mostly for the better. When I started underground, the pick and shovel were still widely used tools. On smal…
MNDM opens Toronto centre
Ontario’s Ministry of Northern Development and Mines officially opened its new Mines and Minerals Information Centre in the Macdonald Block, 900 Bay St., Toronto, Oct. 5. With the ministry relocated t…