Devco deposits not exactly mines
In your editorial “The Devco Disaster” (T.N.M., Feb. 8-14/99), you fell into the same trap that generations of Cape Bretoners have. I believe that you mistakingly referred to the underground Prince an…
Articles by Northern Miner Staff
MINING MARKETS & INVESTMENT NEWS – First Marathon settles final Cartaway hearing
First Marathon Securities has agreed to donate $450,000 to the Mineral Deposit Research Fund (MDRU) at the University of British Columbia and pay $50,000 in investigative costs as part of its final se…
MINING MARKETS & INVESTMENT NEWS – QUERY — Old Caramora leases held by Patrician
Does The Northern Miner have copies of annual reports for a company called Caramora Porcupine Mines Limited (John Pump, president)? This company was formed in 1945, and its charter was cancelled in 19…
MINING MARKETS & INVESTMENT NEWS – EASTERN MARKETS — Base metal producers show strong performance
The Toronto Stock Exchange 300 index plummeted 239.81 points during the report period Feb. 3-9, ending the week at 6,443.97.Overshadowing the broad market’s depressing performance was an unexpected su…
MOST ACTIVE ISSUES, Jan. 27-Feb. 2
ExchgVolume(000s)HighLowCloseChangeDe Beers*Q1218…
METAL PRICES (February 15, 1999)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateFeb. 9Feb. 8Feb. 5Feb. 4…
Geomaque makes foray into Nevada
Geomaque Explorations (GEO-T) is acquiring the Cobb Creek gold project in northeastern Nevada from Orvana Minerals (ORV-T).Situated in Elko Cty., the project comprises 140 claims and is in the same re…
Manhattan passes hurdle at Tambo Grande
Manhattan Minerals (MAN-T) is one step closer to owning the Tambo Grande massive sulphide project in northern Peru.The Vancouver-based gold producer spent the past two years negotiating with the Peruv…
Crown Res. gains option on Mexican property
Crown Resources (CRRS-Q) has agreed to buy the Magistral del Oro property in Durango state, Mexico, from Real del Monte Mining (RMM-T).Crown can purchase the property by spending US$2.45 million on ex…
DIAMOND PAGE — Alberta kimberlites shown to be barren
So far, no diamonds have been recovered from the remaining six kimberlites discovered by Kennecott Canada Exploration last fall on the Legend property in northeastern Alberta.The initial results are f…
DIAMOND PAGE — Lytton to merge with New Indigo
Shareholders of Lytton Minerals (LTL-T) and New Indigo Resources (NDR-A) have agreed to amalgamate under the new name, Tahera (TAH-T).Lytton shareholders will receive one share in the new company on a…
DIAMOND PAGE — Monopros prepares for drilling
Monopros will conduct an initial 8-to-10-hole program of core delineation drilling on the Victoria Island property in the High Arctic. The work, to begin in early April, will also include magnetic geo…