TNK adds ground in Botswana
Toronto-based TNK Resources (TNKR-C) has secured a 3-year prospecting licence contiguous to its Gope diamond prospect in Botswana. The ground was relinquished by De Beers Consolidated Mines (DBRS-Q) i…
Articles by Northern Miner Staff
MINING MARKETS & INVESTMENT NEWS — Mining executives partake of light trading
Recent insider trading transactions reported in the Ontario Securities Commission’s OSC Bulletin include the following:Black Hawk Mining (BHK-T) — Pastor Torres Gurdian, executive of an affiliated co…
THE NORTHERN MINER — NORTH AMERICAN MINING INDEX (November 09, 1998)
105.57 (+1.06)(Sept 30/98 = 100)…
MINING MARKETS & INVESTMENT NEWS — EASTERN MARKETS — Toronto Stock Exchange rallies while gold slips
The good news: the Toronto Stock Exchange 300 index climbed 299.37 points during the report period Oct. 28-Nov. 3, to end the week at 6,296.51. The bad news: gold was devalued once again, dropping US$…
MINING MARKETS & INVESTMENT NEWS — WESTERN MARKETS — VSE creeps past 400-level, ASE slopes skyward
The Vancouver Stock Exchange composite index, for the first time in weeks, has climbed above the 400-level. During the report period ended Nov. 3, the composite closed at 401.7, up 12.33 points, while…
METAL PRICES (November 09, 1998)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateNov. 3Nov. 2Oct. 30Oct. 29…
Results positive for La Teko
Metallurgical tests on an oxide sample from the the True North deposit in central Alaska have returned favorable results for La Teko Resources (LAO-T).The 50-ton sample consisted of material from both…
Ormonde eyes gold prospect
Ormonde Mining (OMP-V) has agreed to earn a half-interest in the Mgusu gold property in the Victoria Goldfields district of Tanzania.The property consists of two prospecting licences and three claim b…
Newmont cuts Nevada employees
Low gold prices have forced Newmont Mining (NEM-N) to lay off more workers at its Nevada operations.The company cut 150 jobs at its Carlin Trend and Lone Tree-Twin Creeks operations, representing 5% o…
Anzex hits zones of platinum, palladium
Results from the first three holes of a 12-hole drill program operated by Anzex Resources (AZX-V) confirm that the Longwoods complex in New Zealand is a platinum-palladium-bearing layered mafic intrus…
Monopros pulls diamonds from Victoria Island
The Snowy Owl kimberlite at the Victoria Island project in the Northwest Territories has yielded 75 diamonds from an 80-kg sample.The preliminary diamond count was reported verbally to partners Major …
Partners drill in Argentina
Vancouver-based partners Primo Resources (PRI-V) and Golden Peaks Resources (GL-V) have begun diamond drilling at their Los Dos Buhos and Sierra de Las Minas gold properties in southwestern Argentina….