Drilling adds more sparkle to Meadowbank
A winter drilling campaign at the Meadowbank gold project of Cumberland Resources (CBD-T) has connected the Third Portage and North Portage zones, while extending the adjacent Bay zone northwards.The …
Articles by Northern Miner Staff
Crystallex shareholders cry over end of legal battle
The shorts laughed all the way to the bank and the longs cried over their losses.So sums up the range of emotions felt by fans and critics of Crystallex International (KRY-T) after a Venezuelan court …
FACTS ‘N’ FIGURES — Gold loses lustre in SE Asia
The economic and currency crisis that has gripped Southeast Asia has had a significant adverse impact on gold demand in the region. Consumers purchases of gold in Thailand, Indonesia, Singapore, Malay…
MINING MARKETS & INVESTMENT NEWS – INVESTMENT COMMENTARY — Gold-weary analysts focus on Platexco
It used to be that only the powerful South African majors had any hope of holding ground in the Bushveld igneous complex of South Africa, the world’s largest repository of platinum group metals (PGMs)…
Tiomin plans feasibility study
As soon as sufficient financing is in hand, Tiomin Resources (TIO-T) is prepared to launch a full feasibility study at its Kwale titanium mineral sands project on the coast of Kenya.The deposit, situa…
Newmont prevails in Yanacocha litigation
In a scene resembling the Stanley Cup finals or the World Series, Newmont Gold (NGC-N) has nudged out Paris-based Bureau de Recherches Geologiques Minieres (BRGM) in a best-of-seven series in the Peru…
FACTS ‘N’ FIGURES — Platinum’s wild ride not over
The erratic pattern of Russian platinum sales is likely to be the chief factor affecting the metal’s price in 1998, according to a report published by London-based metals trader Johnson Matthey.Accord…
MINING MARKETS & INVESTMENT NEWS — TSE drops Dakota Mining, welcomes Platexco
Trading in Dakota Mining has been halted on the Toronto Stock Exchange (TSE) as a result of the company’s failure to file its annual financial statements.The Denver-based company has been battling ins…
Dayton chairman responds to shareholder revolt
In a letter to shareholders, Chairman Roland Horst described Dayton Mining (DAY-T) as being “on the right course,” and asked for support against a challenge posed by minority shareholder Manchester Se…
NEVADA AND THE WESTERN STATES — Diehard Abitibi explorer gets its feet wet in Nevada — Boreal picks up option on property north of Round Mountain
Leaving the swamps and black flies of the Canadian Shield behind, Boreal Exploration (BOR-M) has inked a deal with a private company to take over an advanced gold exploration property in west-central …
METAL PRICES — Daily Metal Prices (June 15, 1998)
BASE METALS (London Metal Exchange-Midday bid/ask prices in US$ per tonne)DateJune 9June 8June 5June 4June 3…
Crown Butte shareholders approve New World sale
Already old news, the once-promising New World gold project has taken another step on the road to oblivion.New World owner Crown Butte Resources (CBL-T) reports that its shareholders have approved the…