Companies (June 01, 1998)
Akrokeri-Ashanti Gold MinesAmerica Mineral FieldsAnatolia Minerals DevelopmentAsarcoAtna ResourcesAustralian Kimberley DiamondsBarrick GoldBig I DevelopmentsBolidenBrimstone GoldCaledonia MiningCameco…
Articles by Northern Miner Staff
Tex-Sol hits gold in Timmins camp
Drilling by United Tex-Sol Mines (UTX.A-A) has identified additional mineralization at the Clavos property near Timmins, Ont.Drilling in hole 99, 30 metres north of the D horizon, intersected a quartz…
Confirmation drilling under way at Kabolela copper project
Melkior Resources (MKR-M), has begun a confirmation drilling program on the Kabolela copper-cobalt deposit in the Democratic Republic of Congo.The Kabolela deposit is situated on the Likasi property, …
Noranda takes over Refimet
Toronto-based major Noranda (NOR-T) has acquired all the shares of Fundicion Refimet that it did not already hold. The shares were acquired from Inversiones Mineras del Pacifico and Barrick Gold (ABX-…
Diamond explorer deals for gold properties in NWT
Glenmore Highlands (GMH-A), known for its diamond exploration interests in the Northwest Territories, has struck a deal to acquire a controlling interest in a company that owns gold projects in northe…
Fjordland set to begin Greenland diamond hunt
Fjordland Minerals (FML-V) is preparing to begin a helicopter-supported till-sampling program in Greenland.The Vancouver-based junior intends to focus on 24 areas where last year’s reconnaissance samp…
Anomalies defined at Kikerk Lake
With results in hand for all till samples collected during the 1997 program, partners Caledonia Mining (CAL-T) and Condor International Resources (COD-V) have defined a geochemical anomaly on the Hunt…
Namco sells diamonds
London, England-based Namibian Minerals (NMR-T) has sold its first parcel of diamonds from its coastal operations in Namibia.The 5,093 carats of diamonds were sold in Antwerp, Belgium, for US$913,388,…
Guyana Goldfields acquires past producer
Guyana Goldfields (GGFI-C) has picked up the Aurora property in Guyana, the site of the country’s largest past-producing gold mine.In order to earn its interest in the 65-sq.-km property, the company …
Queenston arranges placement in Western Copper
Queenston Mining (QMI-T) has sold 200,000 shares of Western Copper Holdings (WTC-T) at $7.25 each and, subject to regulatory approval, has arranged to purchase a 200,000-unit private placement at $7.2…
TSE INDICES (June 01, 1998)
1998May 26May 25May 22May 21May 20HighLowComposit…
TSE SHORT POSITIONS (June 01, 1998)
Short positions outstanding at May 15, 1998Larger individual positions included:Agnico-Eagle Mines 71,450, down 299,505; Barrick Gold 14,349,342, up 726,130; Campbell Resources 2,488,739, up 382,109; …