News

Fortunately for the northern mining industry, the calm settling over “hot spots” such as Angola, Iraq and Somali has created easier access to Canada’s only civilian Hercules transport. Increased globa…

Operations continue to improve at the Con underground gold mine in Yellowknife, N.W.T. Miramar Mining (TSE) reports that cash costs for the first three months of 1994 averaged, US$294 per oz., compare…

Despite downward pressure from rising interest rates and falling bond prices, the Toronto Stock Exchange (TSE) still managed to gain ground over our report period, ended May 31. On May 31, the Bank of…

Drilling at the Damoti Lake property north of Yellowknife, N.W.T., is returning encouraging results. Hole D-50 returned a 43-ft. intersection grading 0.094 oz. gold per ton, including a 12.1-ft. secti…

Are Canadian mining companies somehow letting down the home side by jumping on the global bandwagon and acquiring projects everywhere from Peru to Mongolia? Or have the federal and provincial governme…

With drilling planned for three properties this summer, Cactus West Explorations (VSE) is gearing up for an active season. At least 40 reverse-circulation holes are planned on the Pamlico property sou…

Vancouver-based Cheni Gold Mines (TSE) will acquire the Mt. Skinner gold property from privately owned Ottarasko Mines. Situated near the western extension of British Columbia’s Chilcotin River, the 1…

The correct spelling of a company referred to in the March 7 and May 16 editions is International Homestead Resources (VSE), not International Holmstead. The Northern Miner regrets any inconvenience t…

Mousseau Tremblay, Andrew Malim and Norman Baldwin appointed directors.

Glen Naka and Richard Evans appointed directors.

Robert Fennimore appointed director.

Alistair Brown and Colin Coats appointed vice-presidents.