Electra to rent Ming’s mill
Vancouver-based Electra Mining (ELT-V) plans to carry out a bulk-sample test of gold-bearing tailings owned by its subsidiary near Baie Verte, Nfld.The junior agreed to pay Ming Minerals, a 70%-owned …
Articles by Northern Miner Staff
Ruby Hill new jewel for Homestake — Additional deep resource augurs well for mine life
The development of the Ruby Hill gold mine in central Nevada has been nothing if not speedy. Homestake Mining (HM-N) went from initial permitting in early 1995 to government approval in less than 24 m…
Aber boosts resource at Diavik diamond project
Aber Resources (ABZ-T) and Diavik Diamond Mines, a division of Rio Tinto (RTP-N), have tabled an updated resource estimate for the Diavik project, 300 km northeast of Yellowknife, N.W.T.The resource, …
Millstream drills test Potter
Junior Millstream Mines (MLSM-C) reports that a newly drilled deep hole at its Potter property near Matheson, Ont., has confirmed the continuity of a copper-zinc-cobalt zone.Hole 98-6 intersected two …
Companies (August 31, 1998)
Aber ResourcesAmbrex MiningAur ResourcesBHPBMR GoldBolidenBreakwater MiningCaledonia MiningCanreos MineralsChina Clipper Gold MinesCogema ResourcesCondor International ResourcesCornucopia ResourcesCry…
BHP backs nickel search
First Australia and Indonesia, then New Caledonia, and now China. The list of countries vying to lure North American companies to explore and develop nickel deposits continues to grow, adding to fears…
Raiders target Rayrock
In bear markets, some companies are worth more dead than alive. That appears to be the hard-nosed rationale behind Quest Ventures’ effort to gain control of Rayrock Resources (RAY-T), in which it hold…
EDITORIAL & OPINION — ODDS ‘N’ SODS — Making the grade
I became an assistant mine inspector on March 1, 1916, at which time I moved my family to Sudbury.I was prepared to take it easy for a few days, but on my first day, before breakfast, Tom Sutherland, …
First Dynasty still in red
Though still in the red, First Dynasty Mines (FDM-T) managed to improve its bottom line in the first half of the year.The Singapore-based company lost US$4.5 million in the 6-month period ended June 3…
EDITORIAL & OPINION — Courts ignore greater public good — Usurping democracy
We were heartened that the issue was discussed at all, because a public debate is certainly warranted. Even so, we were less than impressed with the conclusion, proferred by some respected Canadians, …
LETTERS TO THE EDITOR — National standard urged for qualified persons
Per your editorial “Anyone listening?” (T.N.M., Aug. 17-23/98), we are listening from the trenches and the diamond drill sites. We do need some reasonable qualification that can be policed in order to…
GOLD FUNDS (August 31, 1998)
Gold Funds as of Aug 20, 1998BGRCentralNet Value$12.92$5.98Price$9.30$5.8…