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
DIAMOND PAGE — Poplar, partner to develop past producer
Poplar Resources (PPX-V) and its partner have been granted a mining permit to begin operations at the Aardvark diamond projectin South Africa’s Orange Free State.The permit, which was granted to Popla…
GOLD FUNDS (July 06, 1998)
Gold Funds as of June 25, 1998BGRCentralNet Value$13.65$5.93Price$10.05$5…
Intrepid and High River find silver at El Zapote
Partners Intrepid Minerals (IAU-A) and High River Gold Mines (HRG-T) have uncovered silver mineralization at their El Zapote property in western El Salvador.Six trenches dug in the Cerro Colorado III …
SPOT PRICES (July 06, 1998)
Tuesday June 30, 1998Price (US)Week’s ChangeGold*$295.75+ $1.85Silver*$ 5.36…
Western Copper advances projects
The latest results from a series of eight infill holes continue to confirm the continuity and grade of the San Nicolas polymetallic deposit in the central Mexican state of Zacatecas.The holes were com…
Minroc eyes magnesium potential at Cassiar
Junior Minroc Mines (MN-T) is attempting to gain a foothold in the magnesium industry through its producing Cassiar asbestos tailings project in northern British Columbia.The company, formerly known a…
Partners resume program
Partners Prospectors Alliance (PALL-C) (with privately held co-venturer Explorers Alliance), Falconbridge (F-T) and the exploration arm of Minorco (MNRC-Q) subsidiary Hudson Bay Mining and Smelting, h…
Companies (July 06, 1998)
Altius MineralsAntares Mining and ExplorationAscot ResourcesAshton MiningAteba MinesAur ResourcesBema GoldBreakwater ResourcesCampbell ResourcesCanabrava DiamondChannel ResourcesComaplex MineralsCumbe…
Antares bails out of Rappa Holdings
Toronto-based Antares Mining & Exploration (ANZ-T) is selling its 25% indirect interest in South Africa-based Rappa Holdings.Rappa specializes in recovering gold and other precious metals from a varie…
DIAMOND PAGE — SouthernEra sells diamond parcels
SouthernEra Resources (SUF-T) has sold several parcels of rough diamonds from its Klipspringer mine in South Africa and its Angolan alluvial operations.Over the past four months, Klipspringer has prod…
DIAMOND PAGE — Argyle mine expansion under way
The huge Argyle diamond mine in Western Australia is getting bigger.Argyle joint-venture partners Rio Tinto (RTP-N), Ashton Mining and the Western Australia Diamond Trust, have approved the developmen…