Meetings (July 27, 1998)
July 27 FreeportJuly 27 LeaderJuly 28 CochiseJuly 28 GoldmincoJuly 28 Int’l LoumicJuly 28 MinestarJuly 28 Windy MountainJuly 29 BMR GoldJuly 29 Cons. Sarabat GoldJuly 29 FairstarJuly 29 GabrielJuly 29…
Articles by Northern Miner Staff
Falco cuts ribbon on Raglan
The official opening of the Raglan mine on the Ungava Peninsula, coming some 40 years after the discovery of the area’s nickel deposits, was nothing if not a celebration of persistence. And that mine …
St. Jude outlines Father Brown zone
Junior St. Jude Resources (SJD-V) continues to outline gold mineralization at the Father Brown zone, the primary drill target on the Hwini-Butre concession in Ghana, West Africa.The company holds an o…
MINING MARKETS AND INVESTMENT NEWS — Investment Commentary — Analyst sees upside for Quebec-based McWatters Mining
Operating narrow-vein, underground gold mines in Canada requires technical skill and financial staying power, particularly in times of low gold prices.Though relatively new to the game, McWatters Mini…
Platinova reports discovery
Toronto-based Platinova (PAS-T) has discovered what it calls an extensive zone of zinc-lead-silver mineralization on the Washington Land property in northwestern Greenland.Surface grab samples have re…
Index (July 27, 1998)
CareersClassifiedDiamondsDrillersEditorialGuest ColumnInsider TradingInvestment CommentaryLetters to the EditorMetal PricesMining Markets andInvestment NewsOdds ‘n’ SodsProfessional DirectoryQueryStoc…
Lawsuits, hearings focus on disclosure, corporate conduct — Regulators and shareholders train sights on Crystallex, Naxos, Cartaway and First Marathon
As if to signal the end of the 1990s bull market for resource stocks, irate shareholders and vigilant securities regulators have taken aim at a powerful brokerage firm and several junior companies tha…
AMF eyes merger with Nord
Dallas-based America Mineral Fields (AMZ-T) has entered discussions to merge with Nord Resources (NRD-N). Both companies have interests in Africa.AMF is engaged in several joint ventures with large mi…
Cimarron amends placement
Cimarron Minerals (CIU-V) has amended and re-priced a previously announced brokered private placement. The financing now consists of 1.4 million special warrants at 25cents each, for gross proceeds of…
MINING MARKETS AND INVESTMENT NEWS — Nelson Gold repays loan
Proceeds from a recent rights offering by Nelson Gold (NLG-T) are being used to repay a loan.The purchase of four rights entitled holders to buy one share at 27cents.The offering resulted in the issua…
Zen kills Zijinshan joint venture in China
Following a year of due diligence and about $1 million worth of expenditures, Zen International Resources (ZQP-V) is walking away from what was once its centrepiece in southeastern China.The company h…
Kit expands gold resource at George Lake property
An independent resource calculation has expanded the size of the George Lake gold deposit of Kit Resources (KIT-T).Situated near Bathurst Inlet, N.W.T., the deposit is now estimated to host 6.5 millio…