Contest set for Fernie
The town of Fernie, B.C., will play host to the North West Regional Mine Rescue Competition, to be held Sept. 10 and 11.The competition, the fourth to be hosted in the city, will include first aid, re…
Articles by Northern Miner Staff
Francisco expands at El Sauzal property — New study suggests lower capital, operating costs
Francisco Gold (FGX-V) has pulled encouraging values from diamond drilling at its El Sauzal project in Mexico’s Chihuahua state.The junior recently drilled five stepout holes along the southwestern fl…
PEOPLE — Thunder Sword
Stephen Mellows appointed director.
PEOPLE — Latitude Minerals (March 29, 1999)
Robert Kolt appointed director.
PEOPLE — ITL Capital
Robert Paul appointed director, James Pettit appointed secretary.
Sunshine posts quarterly loss
Despite higher silver production, Sunshine Mining & Refining (SSC-N) posted a net loss for the fourth quarter of 1998.The company reported a loss of US$3.8 million, compared with a loss of US$3.1 mill…
Myra Falls mine back on-stream — Backfilling, new bolting pattern to improve ground conditions
Satisfied with rehabilitation work on its underground mine, Boliden (BOL-T) has resumed production at the Myra Falls zinc-copper operation on Vancouver Island.The company had suspended production in D…
OSC levels insider trading charge against Harper
The Ontario Securities Commission has laid Securities Act charges against the president of Golden Rule Resources (GNU-T), Glen Harper, accusing him of trading on undisclosed inside information.The cha…
Normandy buys out Inmet stake in Ovacik, Perama
Inmet Mining (IMN-T) has signed a letter-of-intent to sell its interests in two gold projects to joint-venture partner Normandy Mining (NDY-T).For a total of $43 million, Inmet will sell its 33.3% int…
MOST ACTIVE ISSUES, March 17-23
ExchgVol (000s)HighLowCloseChangeInco LtdT1068122.9020.9020.95-1.15Barrick GoldT900528.4527.1027.30-0.20Placer DomeT744618.3017.2517.40-0.60Nuinsco ResT71612.841.521.90-0…
Etruscan finances Samira project
A US$3.5-million financing will allow Etruscan Resources (EET-T) to complete a feasibility study of the Samira Hill gold project in Niger, West Africa.The funds were provided by RMB Resources, a unit …
MINING MARKETS & INVESTMENT NEWS – U.S. MARKETS — Dow’s 10K bid loses steam
After flirting with the 10,000 mark for more than a week, the Dow Jones industrial average fell 258.64 points, or 2.6%, to close at 9,671.83 for the report period ended March 23. The loss was primaril…