Vior expands new Douay zone
A new zone on the Douay gold property in Quebec’s Casa Berardi region has been outlined over a strike length of 1,000 ft., a width of 500 ft. and a thickness of 15-45 ft., reports Societe d’Exploratio…
Articles by Northern Miner Staff
GUEST COLUMN (May 04, 1992)
I can’t recall a more scary period of government mineral policy development in British Columbia than the month of March, 1992. Early in the month, the British Columbia government changed legal counsel…
INSIDER TRADING (May 04, 1992)
TVX Gold (TSE) directors Glenn Ives and Nigel Lees recently sold a portion of their holdings in the Toronto-based gold miner. According to the Ontario Securities Commission OSC Bulletin, Ives sold 2,5…
Minnova sees major returns from Izok Lake project
Advances in trucking on winter roads and in arctic shipping make the Izok Lake copper-zinc project in the Northwest Territories viable today almost 30 years after its discovery, says David Watkins, pr…
Pegasus acquiring Libby project
At least US$100,000 will be spent this year by Pegasus Gold (TSE) to explore the Libby gold property under the terms of a recent joint venture agreement with Orvana Resources (TSE). The Montana proper…
LaRonde reserves increase by 20%
Exploration on a high-grade zone 3,600 ft. east of the LaRonde mine of Agnico-Eagle Mines (TSE) near Rouyn-Noranda, Que., has boosted total reserves on the property by 19.6%. Agnico says it has outlin…
Queenston and Strike option two properties to Falconbridge
Partners Queenston Mining (TSE) and Strike Minerals (CDN) recently proved that you can still cut a deal with a major by optioning their Robertson Twp. base metal property and another property in north…
Munk welcomes stable gold market
The chairman of one of North America’s largest and most successful gold mining companies, Peter Munk, says the industry is headed for a period of “consolidation, rationalization and upheaval” that wil…
PEOPLE (May 04, 1992)
Andrew Poller appointed vice-president.
EDITORIAL PAGE (May 04, 1992)
Interest rates have a long way to come down yet. Eventually, despite the Bank of Canada’s reluctance to let the dollar fall, rates have to come down to a level that will support investor confidence. F…
Melinga drills Honduran property
A track-mounted reverse circulation drill was recently mobilized by Melinga Resources (VSE) to test recently identified geochemical and geophysical targets on the Macuelizo gold-oxide copper prospect …
Placer Dome cuts workforce at mines
Several Canadian mines owned and operated by Placer Dome (TSE) will be restructured in order to reduce operating costs and meet existing production targets with fewer employees. The initiative was not…