Partners sign deal for Berenguela
A joint-venture agreement between Paramount Ventures & Finance (PVF-T) and Southwestern Gold (SWG-T) sets the stage for a new round of exploration at the Berenguela property in the department of Puno,…
Articles by Northern Miner Staff
AECB defers McLean Lake OK
The Atomic Energy Control Board (AECB) has decided to defer final approval of the construction of the JEB tailings management facility at the McClean Lake uranium project in northern Saskatchewan.In m…
DIAMOND PAGE — Archangel Diamond takes case to Russian PM
Determined to resolve a long-standing licence dispute with its joint-venture partner, Archangel Diamond (AAD-V) has taken its case to the highest levels of the Russian federal government.The Denver-ba…
Southern Metals acquires Chilean ground
Having only recently acquired the Laja gold project in northern Chile, Fremont Gold (FGLD-O) is now joint-venturing the property to a second party.Arizona-based Southern Metals (SUH-V) will earn up to…
DIAMOND PAGE — Ashton finds more kimberlites in Alberta
A program of early winter drilling is proving auspicious for Ashton Mining of Canada (ACA-T), which has uncovered two more kimberlites in the Buffalo Hills region of north-central Alberta.The first of…
DIAMOND PAGE — Messina Diamond grapples for survival
Faced with financial difficulties and a depressed diamond market, Messina Diamond (MSC.U-T) is selling its Star operation in an effort to maintain production at its namesake mine.Both operations are i…
MINING MARKETS & INVESTMENT NEWS – WESTERN MARKETS — VSE holds its own as mining index edges ahead
The Vancouver Stock Exchange composite index held its ground during the report period ended Dec. 15, losing only 0.17 point to finish at 382.50. The mining index showed signs of life, tacking on 4.89 …
MOST ACTIVE ISSUES (December 21, 1998)
ExchgVol(000s)HighLowCloseChangePlacer DomeT27476…
GREATEST VALUE TRADED (December 21, 1998)
ExchgVal($000s)HighLowCloseChangePlacer DomeT5261…
Metallurgical firms pursue new ventures
Several metallurgical firms have inked deals with mining companies in order to maximize benefits from processing technologies and expand into new business opportunities.An agreement between GeoBiotics…
Nico deposit focus of preliminary exam
An independent scoping study on the Nico polymetallic deposit in the Northwest Territories is offering some holiday cheer to majority owner Fortune Minerals (FT-T).Situated in the Mazenod Lake distric…
Russia struggles with mine funding proposals
Proposals to restructure government financing deals for Russian gold producers in 1999 are meeting with resistance from other state agencies and miners themselves.Gokhran, a branch of the ministry of …