Meetings (May 17, 1999)
May 17, Copper Creek May 17, Highridge May 17, Hillsborough May 17, Int’l Savannah May 17, Pheasantback May 17, Tribute May 17, Viceroy May 18, Best Pacific May 18, Campbell May 18, Carmanah May 18, L…
Articles by Northern Miner Staff
OSC brings charges against Felderhof
Two years after Bre-X Minerals’ Busang gold deposit in Indonesia was revealed to be a fraud, securities regulators are laying charges against the company’s former vice-chairman, while police have ceas…
Cost-cutting Inco stays the course
Though encouraged by the recent buoyancy of nickel prices, Inco (N-T) remains determined to lower production costs as it strives to return to profitability.For the first quarter of 1999, Inco posted a…
Abacus expands La Manchuria project
Abacus Minerals (AMC-V) has tabled encouraging reverse-circulation drill results from its La Manchuria gold-silver project in southern Argentina.Drilling has delineated a 450-metre-long system contain…
Thundermin, Queenston tackle Duck Pond
Juniors Thundermin Resources (THR-T) and Queenston Mining (QMI-T) are teaming up to explore the Duck Pond polymetallic property in west-central Newfoundland.Comprising 11,796 ha and situated 30 km sou…
Monopros finds kimberlite outside Kennady Lake
Monopros has discovered a new kimberlite body 12 km northeast of the Kennady Lake cluster of pipes on the AK property in the Northwest Territories.The exploration arm of De Beers Consolidated Mines (D…
Companies (May 17, 1999)
Abacus MineralsAber ResourcesAlberta EnergyAmerica Mineral FieldsAnatolia Minerals DevelopmentAnzex ResourcesArgosy MiningAshanti GoldfieldsAshton Mining of CanadaAsia MineralsAthlone Minera…
Minera Andes cuts high grade
Assay results from shallow drilling have confirmed high-grade gold-silver mineralization at the Huevos Verdes prospect in southern Argentina, reports Minera Andes (MAI-A).The first six angle holes enc…
Debt-free Aur persists with exploration — Production gains at Louvicourt, Andacollo
With $88 million in working capital and no debt, Aur Resources (AUR-T) is well-positioned to expand through mergers and property acquisitions, company president James Gill told shareholders at the com…
NAME CHANGE (May 17, 1999)
Athlone Resources (AT-V) has changed its name to Athlone Minerals (ATH-V) on a 1-new-for-1-old-share basis.
Anzex Resources mired in litigation problems
A rift in management has mired Anzex Resources (AZX-V) in litigation, hindering its efforts to advance the Longwoods platinum-palladium property on the South Island of New Zealand.In late November 199…
Restructuring leaves Inmet lean, profitable
The comprehensive restructuring of Inmet Mining (IMN-T) is now complete, management told shareholders at the annual meeting in Toronto.The once-diversified producer has narrowed its focus to copper an…