Cream Silver wins legal battle
The Supreme Court of British Columbia has ruled that Cream Silver Mines (VSE) is entitled to compensation for the loss of mineral claims “expropriated” by the provincial government in 1988. As of mid-…
Articles by Northern Miner Staff
Courageous calls for amalgamation
Shareholders of American Chromium (ASE) and Courageous Exploration (ASE) will be asked to approve a merger at special meetings on Dec. 17. If the merger is approved, shareholders will receive one comm…
Great Western options War Eagle ground
Two properties owned by the Mexican subsidiary of War Eagle Mining (VSE) have been optioned by Great Western Gold (VSE). The ground adjoins War Eagle’s La Blanca property in Mexico. War Eagle’s share …
Minnova’s future lies in Northwest Territories
Awash with cash but short of ore reserves, Toronto-based Minnova (TSE) has agreed in principle to buy Falconbridge’s interests in three Northwest Territories copper-zinc properties for US$20 million. …
Big Creek to acquire option in Casino Silver prospect
Archer, Cathro & Associates (ACA) recently agreed to assign Big Creek Resources (VSE) its option to earn a 50% interest in the Casino property owned by Casino Silver Mines (VSE). The property, in the …
PDAC Perspectives (December 09, 1991)
The House of Commons in Ottawa is slowly working its way through the process of enacting Bill C-13, the Act to establish a federal environmental assessment process to replace the existing guidelines. …
Inco furnace fails
The furnace at Inco’s (TSE) Port Colborne refinery has failed and will be out of service until the end of the year. Normally, the refinery would produce about six million pounds of utility nickel per …
Curragh puts Westray coal mine up for sale
Raising money to build new mines in Canada can be a trying experience, especially in today’s tough market conditions. Lead-zinc producer Curragh Resources (TSE) recently cancelled a planned debenture …
MacBride Lake returns zinc values
Drilling on the MacBride Lake property near Lynn Lake, Man., returned a number of zinc and copper intersections for Eastmin Resources (VSE) and Bellex Resources (VSE). Bellex is earning a 49% interest…
NO HEADLINE (December 09, 1991)
Giant Pacific purchasing Chutine’s Mexican project Giant Pacific Petroleum (VSE), controlled by Australian entrepreneur Chrisilios Kyriakou, has signed a deal with Chutine Resources (TSE) to acquire 1…
Mahogany ups reserves at Tuina copper project
A recent hole on International Mahogany’s (TSE) Tuina copper property in Chile encountered a 90-metre intercept grading 1.55% oxide copper in the San Martin open pit. The company says the most recent …
Gooseberry contributes to Asamera loss
Operations at the Gooseberry mine and tailings project in Nevada were recently suspended by owner Asamera Minerals (TSE) because the project is not economically viable at current gold and silver price…