Caledonia seeks cobalt-copper in Congo
Junior Caledonia Mining (CAL-T) has entered into two joint-venture agreements with the state mining agency of the Democratic Republic of Congo.The partners will explore two cobalt-copper concessions a…
Articles by Northern Miner Staff
DIAMOND PAGE — Diadem funds work at Leek Springs, Mestiza
By means of a private placement, Toronto-based Diadem Resources (DIR-M) intends to raise $5.1 million for exploration and development work on the Leek Springs diamond project in northeastern Californi…
Laguna advances Rio Chiquito
With proceeds from a recent private placement in hand, Laguna Gold (LGC-T) is set to move ahead with a small open-pit operation at its Rio Chiquito property in Costa Rica.The company recently complete…
Abcourt drills Vendome property
Diamond drilling has expanded the Barvallee zone of silver-zinc mineralization at the Vendome property, 60 km northeast of Val d’Or, Que.Abcourt Mines (ABI-M) wrapped up a 9-hole, 1,500-metre program …
MINING MARKETS & INVESTMENT NEWS – U.S. MARKETS — Dow breaks into new territory
The Dow Jones Industrial average jumped nearly 150 points on July 15 to push the average to an all-time high. For the report period ended July 14, the Dow Jones climbed 160.50 points (1.8%) to close a…
ODDS ‘N’ SODS — Homage to an old timer
Seldom do we have the opportunity and privilege to pay tribute to a real “old timer.” Robert Ekloff was such a man.I recently read in the paper of his passing, at 97 years of age, and my mind went bac…
SPOT PRICES (July 20, 1998)
Wednesday July 15, 1998Price (US)Week’s ChangeGold*$292.80- $1.55Silver*$ 5.32…
Atna expands Wolf deposit in Yukon
With drill results pending, Atna Resources (ATN-T) is encouraged by the degree to which it is expanding the Wolf polymetallic property in southeastern Yukon.Of the 10 holes completed to date, eight ha…
Bright future for mining in India
Known more for mineral consumption than production, particularly in the case of gold, India is nonetheless becoming increasingly attractive to explorers, according to Kumara Rachamalla, president of M…
Brush Creek options massive sulphide deposit
Brush Creek Mining and Development (BCMD-Q) has signed an exclusive option for the Iron Mountain massive sulphide project in California’s Shasta Cty.The company can earn a 50% interest in the past-pro…
Lytton-New Indigo merger plan grinds to halt
The proposed merger of Lytton Minerals (LTL-T) and sister company New Indigo Resources (BDR-A) has been derailed following recent disclosures of the ownership of voting shares.The merger was to have b…
Prime committee retains advisor
The special committee of independent directors of Prime Resources Group (PUG-T), established to consider Homestake Mining’s (HM-N) bid for the 49.4% of Prime it doesn’t already own, has retained the s…