Index (April 12, 1999)
CareersClassifiedCommentaryDiamond PageDividendsDrillersEditorialInsider TradingInvestment CommentaryLetter to the EditorMarket PlaceMetal PricesObituaryOdds’n’SodsProfessional DirectoryQueryStock Mar…
Articles by Northern Miner Staff
Careers (April 12, 1999)
Chief Exploration GeologistHudson Bay Exploration and Development Co., Limited, the wholley owned exploration subsidiary of Hudson Bay Mining and Smelting Co., Limited is seeking a Chief Exploration G…
COAL, URANIUM & OIL SANDS — Cavelier drilling completed
A 6-hole drilling program at the Cavelier property, 25 km southwest of Matagami, Que., has partners Geonova Explorations (GNE-M) and Gowest Amalgamated Resources (GWA-A) reviewing their plans for the …
COAL, URANIUM & OIL SANDS — Maracote buoyed by Peruvian assays
Maracote International Resources (MCE-V) has released encouraging drill results from four holes put down on its Halley property in south-central Peru.The junior has an option to acquire a 65% interest…
COAL, URANIUM & OIL SANDS — SouthernEra explores ground in NWT, eyes Brazilian gems
Diamond drilling by SouthernEra Resources (SUF-T) is testing the probable source of diamond-bearing boulders found near the shoreline of Munn Lake at the Back Lake project in Canada’s Northwest Territ…
COAL, URANIUM & OIL SANDS — Royal Oak gets yet another chance — Court extends bankruptcy protection to beleagured company
The impatient creditors of Royal Oak Mines (RYO-T) have been told to wait just a little longer before they begin to pick at the bones of the moribund gold producer.Mr. Justice James Farley of the Onta…
Construction resumes at Las Cristinas gold project
After several years of delay due to litigation, Placer Dome (PDG-T) has resumed construction on the Las Cristinas gold mine in the Kilometre 88 region of southeastern Venezuela.The US$575-million proj…
Lac Rocher drilling hits nickel, copper
Results from five more holes drilled by Nuinsco Resources (NWI-T) at its Lac Rocher project in Quebec sent the company’s share price tumbling even as they confirmed additional nickel and copper minera…
Barrick completes acquisition
Shareholders of Sutton Resources (STT-T) have overwhelmingly approved a takeover bid by Barrick Gold (ABX-T), offering 91% of their shares to the major.Under the terms of the Barrick offer, which had …
Meetings (April 05, 1999)
April 7, Band OreApril 8, BrascadeApril 8, Western Pacific MinApril 8, WinspearApril 9, AuspexApril 9, Mount HopeApril 9, NovawestApril 9, TellisApril 12, Western PacificApril 13, Blue GoldApril 13, T…
Mitsubishi buys into Antamina copper-zinc project
Partners Rio Algom (ROM-T), Noranda (NOR-T) and Teck (TEK-T) have reached an agreement-in-principle with Mitsubishi whereby the Japanese giant will acquire a 10% stake in the Antamina copper-zi…
MINING MARKETS & INVESTMENT NEWS – EASTERN MARKETS — Weakness in metal prices drags down majors
Continuing threats of gold sales by the International Monetary Fund plus negative sentiment toward the Japanese economy combined to pull down most precious and base metal prices during the March 24-30…