North options gold property
Australian-based North Ltd. intends to acquire up to a 70% interest in the Tanda gold project in eastern Ivory Coast.The company can earn an initial 60% stake in the 832-sq.-km property from Golden St…
Articles by Northern Miner Staff
Cambior achieves record gold production
Montreal-based Cambior (CBJ-T) enjoyed a solid second quarter, thanks in large part to strong performances from its Doyon and Omai gold mines.For the 3-month period ended June 30, the company posted r…
Index (August 10, 1998)
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Etruscan hits gold at Datambi property
Junior Etruscan Resources (EET-T) has received encouraging results from reverse-circulation drilling at its Datambi permit in eastern Burkina Faso.The first 17 holes of a 2,000-metre program that test…
MINING MARKETS & INVESTMENT NEWS — EASTERN MARKETS –Toronto market falls sharply in broad selloff
The Toronto Stock Exchange took a beating over the report period July 29-Aug. 4 as markets around the world saw bears emerging from their dens.The TSE 300 composite index fell 363.51 points over the f…
DIAMOND PAGE — Diagem finances Brazilian drilling
Intent on financing exploration of its diamond properties in Brazil, Diagem International Resource (DGM-V) has negotiated a private placement worth $500,000.The financing consists of 2.8 million units…
Skyline arranges placement
Junior International Skyline Gold (SK-T) has arranged a private placement of 500,000 units priced at 20 cents each and up to 500,000 flow-through shares at the same price.A unit consists of one share …
GOLD FUNDS (August 10, 1998)
Gold Funds as of July 30, 1998BGRCentralNet Value$13.81$6.18Price$10.20$5…
NEWS IN BRIEF (August 10, 1998)
Fleck Resources (FLK-V) has changed its name to Polymet Mining (POM-V).
MOST ACTIVE ISSUES (August 10, 1998)
ExchgVol(000s)HighLowCloseChangeCasmyn Corp *Q267…
Rio Algom posts profits
Despite tough times for base metal producers, Rio Algom (ROM-T) enjoyed a profitable second quarter as it continued to expand both its copper production and its metals distribution business.Earnings t…
MINING MARKETS & INVESTMENT NEWS — EASTERN MARKETS — TSE hit by weak dollar, lacklustre metal prices
A devalued Loonie and poor performances in the metals sector contributed to a dismal performance by the Toronto Stock Exchange 300 index during the report period July 22-28. The index finished the wee…