Cominco Resources selling Lobo in Chile
Under an agreement to buy a half interest in the Lobo gold deposit and adjacent properties, Teck (TSE) has paid a deposit of US$1.6 million to Cominco Resources International (TSE). The properties, in…
News
A primer for Cuban-bound geologists
It comes as no surprise that mineral explorers are showing interest in the Santa Clara region of central Cuba. The area contains some of the most prospective geology on the island and hosts several hu…
Viola MacMillan: 1903-1993 — Industry loses `queen bee’ of
A pioneer of the Canadian mining industry, Viola MacMillan, has died in Toronto. She was 90. A prospector who headed the Prospectors and Developers Association of Canada (PDAC) for 21 years until the …
Bolivar Goldfields to spend $5-million
VSE-listed Consolidated Cassandra Resources plans to spend US$5 million exploring its new land package in Bolivar state, Venezuela. The company is expected to change its name to Bolivar Goldfields to …
NEWS ROUNDUP — Deak pours first Astoria brick
The first gold brick from the Astoria gold mine in northwestern Quebec was poured recently by Deak Resources (TSE). Ore from the Yorbeau project near Rouyn-Noranda, Que., is being trucked to Deak’s Vi…
NEWS ROUNDUP — Eden Roc drills at Anuiri mine
By drilling on its gold project in Ivory Coast, Eden Roc Mineral (TSE) hopes to be able to confirm reserves and thereby triple production. Eden Roc has a 68% interest in Societe des Mines d’Afema, own…
NEWS ROUNDUP — Annabel options Wyoming gold play
Vancouver-listed Annabel Gold Mines (VSE) can earn a half interest in the Carissa property in Wyoming from Hol-Lac Gold Mines (CDN). The property consists of 12 patented lode claims and five patented …
COMMENTARY — Oversupply just won’t go away
Base metal markets remain seriously oversupplied and the situation is worsening. Inventories of metals, particularly on the London Metal Exchange, continue to climb relentlessly with new all-time inve…
ODDS’N’SODS — Reviving the pioneer spirit of Canada’s early
Mining camps have evolved through the years from single-person tent camps to bunk-house dwellings, from small town sites to the “fly-in/fly-out” operations of today. All systems for sheltering crews p…
LETTERS TO THE EDITOR — Beware of pessimists, investors
The editorial comments and letters to the editor published in the Aug. 16 issue of The Northern miner require a response. The editorial comments of “silence” failed to note that BHP and Dia Met have i…
THE DIAMOND PAGE — More drills are turning in Lac de Gras
Drilling is finally under way in the Humpy Lake region east of Lac de Gras, N.W.T. On Aug. 25, Pure Gold Resources (VSE) activated rigs on the Humpy No. 2 claim block, where the company will drill-tes…
Richmont acquires Camflo mill
For a nominal cash consideration and a commitment to cover eventual reclamation liabilities estimated at about $1.3 million, Richmont Mines (ME) now has its own gold mill. It is the old 1,400-ton-per-…