Aur holds steady despite weak metals market
Earnings of Aur Resources (AUR-T) fell during the first quarter, but the company managed to post a profit despite slumping base metal prices.Aur earned $400,000 (or 1 cents per share) on revenue of $2…
Articles by Northern Miner Staff
MINING MARKETS & INVESTMENT NEWS — Bema Gold and Arian Res. close merger agreement
The recent takeover of Arian Resources by Bema Gold (BGO-T) has given the latter firm a majority interest in Omsukchansk Mining and Geological, which owns the Julietta gold-silver deposit in Russia’s …
MINING MARKETS & INVESTMENT NEWS — New Altius properties get boost from financing
Proceeds from a private placement by Altius Minerals (ALS-A) will enable the company to fund work programs at several gold properties in Newfoundland.The St. John’s, Nfld.-based company raised $210,00…
Scoping study completed at Twin Gold’s Atlanta
A feasibility study is under way at the Atlanta gold project near Boise, Idaho, and operator Twin Gold (TWG-T) says it is in discussions with several sources regarding financing.A recently completed s…
DIAMOND PAGE — Another kimberlite found at Victoria Island
Monopros has intersected a fifth kimberlite at the Victoria Island diamond project in the Northwest Territories.The De Beers Consolidated Mines (DBRS-Q) subsidiary can earn a 51% interest in the 809,3…
DIAMOND PAGE — Seahawk nabs Brazilian emerald play
In a departure from its focus on gold exploration, Seahawk Minerals (SKM-V) has acquired an emerald property in Brazil.The company is putting together a land package south of Belo Horizonte in Minas G…
Radisson uncovers gold-bearing veins
Drill results from the O’Brien gold property in Quebec’s Cadillac Twp. are stimulating the exploration efforts of Radisson Mining Resources (RDS-M).The junior is earning a half-interest in the past pr…
Ateba enters environmental business
Though still committed to diamond exploration in California, Ateba Mines (ABM-A) has entered the environmental cleanup business through a newly acquired subsidiary, Claytech Environmental Services.Ate…
Meetings (July 06, 1998)
July 6, Bravo GoldJuly 6, Petra extraordinaryJuly 6, Roxwell GoldJuly 7, First Canadian GoldJuly 7, DumontJuly 7, HucampJuly 7, MidasJuly 7, TrincanaJuly 7, OlympicJuly 8, BonaventureJuly 8, CansparJu…
Meliadine West jumps prefeasibility hurdle
An independent prefeasibility study has given the thumbs-up sign to the Meliadine West gold project, situated 70 km north of Rankin Inlet, N.W.T.The Meliadine West project is a joint venture among Cum…
Etruscan intersects gold at Datambi
Etruscan Resources (EET-T) has announced results from its Datambi permit in northeastern Burkina Faso, even as Channel Resources (CHU-T) spurns a takeover bid.Channel’s board announced it would “vigor…
Resource boosted at Santa Gertrudis property
Campbell Resources (CCH-T) has made significant advances at its Santa Gertrudis gold property in Mexico’s Sonora state, both through exploration drilling and the acquisition of adjacent gold prospects…