Kinross Gold makes foray into Australia
In a deal worth US$5 million, Kinross Gold (K-T) has picked up two groups of properties in the prolific Eastern Goldfields region of Western Australia.The first, dubbed Mt. Henry, covers 545 sq. km ne…
Articles by Northern Miner Staff
ODDS ‘N’ SODS — Night shift in Alaska
Long ago, I was a young member of a party of gold hunters in south-central Alaska’s Talkeetna Mountains, and the rush was on to come up with tangible evidence of high-grade gold before winter set in.W…
EDITORIAL — Is the Asian economic crisis over? — Not yet, says IMF
Michael Camdessus, managing director of the International Monetary Fund (IMF), concedes that his organization’s effort to resolve the Asian economic crisis has generated plenty of skepticism.Speaking …
Orko, Greystar chalk up exchange listings
Among the companies recently listed for trading on the Vancouver Stock Exchange is Orko Gold (OK-V), a junior with property holdings in British Columbia.The company’s chief asset is the 1,175-ha Bonap…
TORONTO STOCK EXCHANGE INDICES (May 11, 1998)
1998May 5May 4May 1Apr. 30Apr. 29HighLowComposite…
Treminco acquiring Montana gold mine — Newmont unit to get cash, shares
Junior Treminco Resources (TMO-T) has signed a letter-of-intent with two subsidiaries of Newmont Gold (NGC-N) to acquire the Elkhorn gold project in Montana.Treminco must issue 550,000 shares and pay …
MINING IN CANADA — Richmont ready for new ventures
With three small but profitable gold mines in operation in Canada, Rouyn-Noranda, Que.-based Richmont Mines (RIC-T) is looking to take on a larger project.”We would like to get our hands on something …
Orleans ships first wollastonite
Montreal-based Orleans Resources (OLS-T) has made its first commercial shipment of wollastonite concentrate from its new processing plant in Quebec’s St. Onge Twp., near Lac St.-Jean.The Montreal-base…
MINING IN CANADA — Kennecott cuts kimberlite at WO claim block in NWT
Kennecott is benefitting from its drilling efforts in the Lac de Gras region of the Northwest Territories.A program focused on the WO block has intersected an 82-metre-thick interval of volcaniclastic…
DIAMOND PAGE — Juniors nix merger
A recent decision handed down by the British Columbia Securities Commission has prompted Peruvian Gold (PVO-V) and Gabriel Resources (GBU-V) to scrap their planned merger.The Securities Commission rul…
MINING IN CANADA — Radisson pulls more gold at O’Brien
Rouyn-Noranda, Que.-based Radisson Mining Resources (RDS-M) has reported the latest results from its ongoing drill program at the O’Brien gold project in northwestern Quebec’s Cadillac Twp. Several of…
Homestake’s mines turn in successful quarter
Gold mines belonging to Homestake Mining (HM-N) performed well in the first quarter, but not well enough to keep the company out of the red.Homestake reported a net income from operations of US$600,00…