Hecla Mining to assume ownership of La Camorra
Hecla Mining (HL-N) has signed a purchase agreement to acquire all the assets of Monarch Resources (MRE-T) for US$25 million.The deal would see Hecla assume ownership of Monarch’s La Camorra gold mine…
Articles by Northern Miner Staff
Seabee output boosts Claude’s profit
Saskatoon-based gold and petroleum producer Claude Resources (CRJ-T) has turned in another profitable quarter, following a strong performance by its flagship Seabee gold mine in Saskatchewan.In the th…
QUERY — D’Aragon ended up in the soup
I am the holder of a 100-share certificate (par value $1 per share) from D’Aragon Mines Limited, dated Aug. 17, 1955. D’Aragon was incorporated under the Ontario Companies Act. The certificate, conter…
PEOPLE — Cdn. Golden Dragon
Elliot Strashin appointed director.
SUPPLIERS NEWS ROUNDUP — Toronto firm to supply lime to Chile
South American Copper & Gold (SACG) will partner with a private local firm to build a US$6-million lime kiln processing plant in Chile.The project will launch Toronto-based SAGC into the lime supply b…
PEOPLE — Cons. Gold Win
Lincoln Fuqua appointed director.
International mining conferences abound
A number of upcoming international conferences will focus on various prospective regions throughout the world.The governments of Ireland and Nova Scotia will host the North Atlantic Minerals Symposium…
Kazakstan re-examines uranium privatization — US court to hear from spurned Canadian firm
The government of Kazakstan and an Israeli firm have signed a letter-of-intent for the sale of two state-owned mining firms at the same time that a Washington, D.C., court is preparing to hear argumen…
INSIDER TRADING — AMF, Argosy execs increase holdings
Recent insider trading reported in the Ontario Securities Commission’s OSC Bulletin includes the following:America Mineral Fields (AMZ-T) — Bernard Vavala, director, bought 27,200 shares at 59-69 cen…
PRODUCER & DEALER PRICES (May 17, 1999)
Antimony: Representative mid-market US$1,240 per tonne (May 11/99).Bismuth: Representative mid-market US$3.55 per lb. (May 11/99).Cadmium: Representative mid-market US$0.23 per lb. (May 11/99).Chromiu…
Bolivar pushes Tomi to capacity
Having reached planned capacity of 1,500 tonnes per day, the Tomi mine in Venzeula’s El Callao district is expected to produce an average of 46,000 oz. gold annually at an average cost of US$173 per o…
Anatolia expands in Turkey
Junior Anatolia Minerals Development (AMCD.U-C) has acquired a new property in central Turkey, adding to its large holdings in that country.The 100,000-ha Ilich property, situated 120 km southeast of …