KWG, Falco outline anomaly in DR
Early exploration efforts by partners KWG Resources (KWG-T) and Falconbridge (FL-T) on the Managua prospect in the Dominican Republic have proved fruitful.Managua, a 1.6-by-0.6-km induced-polarization…
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NEVADA — Pallaum’s growth strategy hinges on Nevada projects — Bullion Mountain the most promising
As gold deposits in northern Nevada become increasingly difficult and expensive to find, major companies are leaving it to the juniors to locate potential mines.One such company is Vancouver-based Pal…
Treminco gains stake in Bruceside
Treminco Resources (TMO-T) will pay $4 million to Newhawk Gold Mines (NHG-T) for its 60% interest in the Bruceside-Sulphurets gold-silver project in northwestern British Columbia.A $2-Million payment …
Tenke raises funds for Fungurume
Junior Tenke Mining (TNK-T) will borrow US$127 million from Investec Bank of South Africa for the first phase of development work at the Tenke Fungurume copper-Cobalt project in the Democratic Republi…
NEVADA — Cortez joint venture reaches commercial production levels
Partners Placer Dome (PDG-N) and Kennecott are producing commercial quantities of gold at the Pipeline deposit in central Nevada.The project is part of the Cortez joint-Venture, which includes three d…
NEVADA — South Pipeline interest adds to Royal revenue
Net income of US$1.1 million (or 7 cents per share) was reported by Royal Gold (RGLD-Q) for the second quarter of its 1997 fiscal year, compared with a loss of US$268,647 in the same period last year….
Northern Orion enters JV in Argentina
The Argentine subsidiary of Northern Orion Explorations (NNO-T) has formed a joint venture with Mexican silver giant Penoles on the Tres Hermanas property in Santa Cruz province.To earn a half interes…
NEVADA — Merger with Santa Fe pushes Newmont to top spot — Half of 1997 exploration and development costs earmarked for Nevada projects
With anticipated gold production of 3.7 million oz. in 1997 and 4.1 million oz. in 1998, Newmont Mining (NEM-N) is now North America’s largest producer of the yellow metal. In the world, it is second …
NEVADA — Nevada gold operations foundation of Barrick empire — Goldstrike to mine 2 million annually into next century
The Busang project in Kalimantan may have had more allure and sizzle for a time, but the Goldstrike property in Nevada’s Carlin trend was never in danger of losing its place as the production cornerst…
EDITORIAL AND OPINION — Canadian voters an unpredictable lot — Electing an Opposition
The steady hand of Paul Martin on the helm of the Canadian economy is probably the greatest strength of the Liberal party as it seeks another term in Ottawa and the re-election of Prime Minister Jean …
Party leaders, McLellan speak out on mining issues — Land claims, regulatory reform among most pressing concerns
At the beginning of the federal election campaign, The Northern Miner invited all five party leaders to participate in a brief interview about issues concerning the mining industry.Three of the leader…
NEVADA — Echo Bay Mines forms strategic alliance with Fairmile — Exploration program to test Buffalo Valley gold property
Based on a recent letter agreement, Echo Bay Mines (ECU-T) will enter into an alliance with Fairmile Gold (FLA-A), a junior company exploring the Buffalo Valley property in Nevada.Fairmile’s property …