Costs cut at Nanisivik
Breakwater Resources (BWR-T) reports that milling improvements at its Nanisivik zinc mine on Baffin Island are partly responsible for a boost in earnings last year.The remote operation turned a profit…
Articles by Northern Miner Staff
Gold Hawk eyes Peruvian silver-gold project
Montreal-based Gold Hawk Resources (CGK-A) is eyeing the open-pit potential of a past-producing, underground silver-gold mine 40 km east of the coastal city of Trujillo, in northern Peru.President Jea…
Results enhance Tshane project
Exploration by Menora Resources (MEN-M) continues to add potential to the Tshane diamond project in southwestern Botswana.A soil sampling program over a 1-km grid identified six anomalous areas of kim…
Inco unveils development program for Creighton mine
Management of Inco (N-T) faced harsh criticism from union leaders representing its Canadian workers at the company’s first annual general meeting since the unveiling of restructuring plans that involv…
DIAMOND PAGE — Monopros recovers samples from pipes
Monopros, a wholly owned Canadian subsidiary of De Beers Consolidated Mines (DBRS-Q), has collected 50-tonne drill samples from each of the Hearne, Tesla, Tuzo and 5034 pipes in the Northwest Territor…
World Wide, Kazakstan start talks over cancelled deals
World Wide Minerals (WWS-T) and the government of Kazakstan are in negotiations to settle a dispute surrounding the government’s cancellation of a management contract for the Stepnogorsk uranium mine….
Willow partners assess sampling data
Partners CaribGold Resources (CG-T) and Pure Gold Minerals (PUG-T) have cause for optimism at their jointly held Willow diamond property in southern Saskatchewan.Data, only recently discovered, from a…
Ungava option killed
Ungava Minerals (UNGV-C) has terminated its previously announced option agreement with High North Resources (HNRI-C) (formerly Canadian States Resources) regarding claims and permits in the Ungava tro…
MINING MARKETS AND INVESTMENT NEWS — EASTERN MARKETS — Rise in precious metals fails to boost TSE
The Toronto Stock Exchange 300 index lost 15.01 points, or 0.19%, during the report period ended April 21, to finish at 7765.52.With the exception of platinum, which fell US$11 to US$417 per oz., all …
FINANCINGS (April 20, 1998)
IMA Resource (iru-v) has arranged a private placement of up to 2.5 million units at 40 each, for gross proceeds of up to $1 million.Each unit will consist of one share and one warrant to purchase an …
Almaden expands Mexican portfolio
Almaden Resources (AMH-V) is no stranger to Mexico after having discovered the La Trinidad gold deposit in Sinaloa. Still enamored with the country’s mineral potential, the Vancouver-based junior has …
Companies (April 20, 1998)
Almaden ResourcesAmax GoldAnzex ResourcesArchangel DiamondAshton Mining of CanadaAsia Pacific ResourcesAvminBarrick GoldBattle Mountain GoldBema GoldBHP MineralsInternationalBirim GoldfieldsBlack Hawk…