Drilling on the Gibbs property in Mariposa Cty., Calif., continues to return spectacular gold values, including a 76-ft. intersection grading 2.01 oz. gold per ton. But the stock price of Dessir Resou…
After reading “The facade of Soviet mining,” an excerpt from a paper by Pierre Lassonde (T.N.M., Oct. 21/91), I was disappointed that The Northern Miner could not do any better on the topic of Soviet …
It’s easy to forget just how much mining contributes to the general economy because so much of mining’s benefits are felt in remote areas. The money individual mines pump into their local communities …
Tony White appointed director.
An escalating labor dispute has forced Breakwater Resources (TSE) to suspend operations at its El Mochito mine in Honduras and place the lead-zinc operation on a care-and-maintenance basis. The compan…
The Colorado School of Mines campus in Golden will be the site of the first international symposium on the vast mineral deposits in Russia and other republics of the Soviet Union on Nov. 18-21. “The i…
A drop in gold output as well as an increase in production costs negatively affected the earnings of Amax Gold (NYSE) for the period ended Sept. 30. Earnings for the third quarter dropped to US$5.4 mi…
With mining revenues down and prospecting activities barely a shadow of what they might be, the governments of Canada and of Ontario have injected $95 million into the Northern Ontario Development Agr…
Petromet Resources (TSE) has signed a letter of intent to sell a 50% interest in the Rambler base metal property at Baie Verte, Nfld., to Newfoundland Exploration (Newexco) in exchange for common shar…
Joint venture partners Claude Resources (TSE) and Aaron Oil (ASE) are planning a drilling program to test magnetic anomalies for diamond mineralization on property in the Fort a la Corne and Sturgeon …
A loss of $22.1 million is reported by Cominco (TSE) for its third quarter ended Sept. 30, which brings the company’s loss for the first nine months of this year to a total of $25 million. This compar…
A pair of drill rigs has been stationed at the Scott Lake base metal property in the Chibougamau, Que., area where project partners Thunderwood Resources (TSE), the operator, and Greenstone Resources …
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