St Andrew uncovers more gold at Stock mine
Junior St Andrew Goldfields (SAS-T) has discovered three gold prospects near its past-producing Stock gold mine near Matheson, Ont.Each prospect was found while drilling induced-polarization (IP) anom…
Articles by Northern Miner Staff
GOLD FUNDS (June 29, 1998)
Gold Funds as of June 18, 1998BGRCentralNet Value$13.84$5.95Price$10.10$5…
Nebex cuts more copper-gold
Nebex Resources (NBX-T) has drilled more long copper-gold intersections at its Munelle polymetallic property in north-central Albania.Highlights from the three latest holes include:* 8 metres (from 29…
GUEST COLUMN — Facing the future of mining
The author is Canada’s Minister of Natural Resources. He has written this article at the request of Mining Works for Canada, a grassroots campaign designed to increase awareness of the importance of m…
High River hits new gold zone at Taparko
A drill program to test for buried mineralization at the Taparko property in northeastern Burkina Faso has paid off for High River Gold (HRG-T).Thick lateritic cover had previously prevented explorati…
DIAMOND PAGE — Partners await valuations from AK
A mini-bulk drill sample collected this past winter from the 5034 kimberlite pipe on the AK property in the Northwest Territories has returned results consistent with previous work.Monopros, a subsidi…
Juniors settle differences with South African majors
Ending months of litigation, America Mineral Fields (AMZ-T) has formed a new company with South African mining house Anglo American (ANGLY-Q) to pursue jointly the giant Kolwezi tailings project in th…
BASE METALS — Noveder intersects base metals at Cabot property
Preliminary drilling by Noveder (NED-M) has intersected two parallel zones of copper-cobalt mineralization at the Cabot property on Newfoundland’s Baie Verte Peninsula.Visual inspections of four drill…
BASE METALS — BC proposes new refinery
The government of British Columbia and Highland Valley Copper have signed a memorandum of understanding that is expected to result in development of a copper refinery at Highland Valley’s open-pit min…
MINING MARKETS & INVESTMENT NEWS — QUERY — Perron, Arimetco have faint pulse
AJ Perron and Arimetco International have both been de-listed. Is there any hope for either of them?.SFred Carach,.SMiami, Fla.Arimetco International (ARX-T) was de-listed by the Toronto Stock Exchang…
MINING MARKETS & INVESTMENT NEWS — Base metal majors perform despite weak prices — Most gold miners up as yellow metal stages minor comeback; settlement sparks SouthernEra
The Toronto Stock Exchange enjoyed a broad trading range during the June 17-23 report period, with the TSE 300 composite index dropping marginally to 7,175.23 points. Both mining sub-groups fell more …
TSE SHORT POSITIONS (June 29, 1998)
Short positions outstanding at June 15, 1998Larger individual positions include: Abacan Resource 363,104, up 88,485; Abitibi-Consolidated 959,027, up 591,100; Ashton Mining of Canada 117,746; Asia Pac…