Correction (April 03, 2000)
A report in our Feb. 28-March 5 issue implied that Trans Hex International (THI-T) will fund its 2001-fiscal-year exploration programs at the Barra Grande and Northbank diamond properties in Brazil an…
Articles by Northern Miner Staff
Vista continues string of losses
Vista Gold (VGZ-T) had yet another losing year in 1999, due to US$16.2 million in writedowns and lower-than-expected gold production.The company lost US$27.7 million (or 31 per share) on revenue of U…
Highwood Resources spins off Thor Lake subsidiary
Highwood Resources (HWD-T) intends to establish a wholly owned specialty materials business named Rare Metal Alloys, which will concentrate on commercial development of the Thor Lake beryllium project…
Partners unveil reserves at Veladero
Homestake Mining (HM-N) and Barrick Gold (ABX-T) have announced reserves of 4.8 million oz. gold and 65.7 million oz. silver at their 60-40-held Veladero property in northwestern Argentina.The propert…
Taking taxpayers to the cleaners
If the “cleanup” of the Summitville gold mine in Colorado speaks for the competence of the Environmental Protection Agency (EPA), then be afraid for the environment and your pocketbook. Be very afraid…
NAME CHANGES (April 03, 2000)
Fancamp Resources (FNM-V) has changed its name to Fancamp Exploration (FEL-V) on a 1-new-for-2-old-share basis.
No Headline (April 03, 2000)
Juniors persevere in search for prairie diamonds
Although diamond exploration in Saskatchewan never attracted the amount of attention it did in Alberta, a handful of companies are determined to continue the search.Saskatoon-based Shore Gold (SGF-V) …
Takeover easy on Grupo’s pocketbook
Grupo Mexico expects to save up to US$200 million as a result of its recent merger with Asarco.The savings stem from the elimination of administrative redundancies, consolidation of purchasing and sal…
INDEX (March 27, 2000)
AngloGold10Arena Gold2Atna Res.14Aur Res.1Band-Ore14Battle Mt.10Birim11Cambior6Canabrava14Channel Res.18…
Band-Ore in Canadian diamond hunt
Toronto-based junior Band-Ore Resources (BAN-T) has launched airborne geophysical surveys at two of its diamond exploration properties in eastern Canada.At the 25-sq.-km GQ diamond property in Musquas…
TSE Shorts (March 27, 2000)
Short positions outstanding at March 15, 2000Larger individual positions include: Abaddon Resources 102,500 down 192,500; Abitibi-Consolidated 1,304,617 up 63,264; Anderson Explorat…