Canyon seeks partner for McDonald project
Low gold prices have forced Canyon Resources (CAU-X) to seek a joint-venture partner for the McDonald gold project in Montana, says President Richard De Voto.After gaining sole ownership of the projec…
Articles by Northern Miner Staff
Vengold offering may net $46 million
A syndicate of underwriters, led by Midland Walwyn Capital, have entered into a financing agreement with Vengold (VEN-T) to purchase up to $46 million worth of its shares.The underwriters have agreed …
Companies (April 13, 1998)
Adex MiningAmerica Mineral FieldsAnglo AmericanAsia Pacific ResourcesAurizon MinesAvalon VenturesBand-Ore ResourcesBanro ResourceBarrick GoldBattle Mountain GoldBlue Desert MiningCaledonia MiningCambi…
Magadan’s gold sector looking brighter — New investment, projects could lead to greater production
Although mines in the mountainous Magadan region of Russia produced 26.1 tonnes of gold in 1997 (6.3 tonnes more than were produced in the previous year), output was well below expectations. However, …
PRODUCER AND DEALER PRICES (April 06, 1998)
Aluminium: LME settlements US$1,423, alloy US$1,272 per tonne (Mar. 31/98).Antimony: Representative mid-market US$1,600 per tonne (Mar. 31/98).Bismuth: Representative mid-market US$4.05 per lb. (Mar. …
Industry slump, PDAC take toll on SME meeting
In deference to that part of the U.S. mining industry east of the Mississippi, the Society of Mining and Metallurgical Engineers (SME) held its annual convention in Florida this year.Attendance, at ab…
Blue Desert explores in Chile
An airborne geophysical survey has outlined a large chargeablity anomaly over the Enero property in Chile that partially coincides with a copper prospect.Blue Desert Mining (BDE-A) holds an option to …
OBITUARY — Andrew Troop
Andrew Troop, the former manager of Icon Syndicate, has died. He was 72.A native of Manitou, Man., Troop obtained his bachelor’s and master’s degrees, both in science, from the University of Manitoba….
First Quantum hits its stride at Zambian copper project
A US$30-million tailings retreatment operation in Zambia is now producing copper at full capacity, First Quantum Minerals (FM-V) reports.Situated at the site of the past-producing Bwana Mkubwa mine in…
METAL PRICES – Daily Metal Prices (April 06, 1998)
BASE METALS (London Metal Exchange-Midday bid/ask prices in US$ per tonne)DateMar. 31Mar. 30Mar. 27Mar. 26Mar…
LATIN AMERICA — Cerro Samenta dispute settled
A recently signed agreement between Mansfield Minerals (MDR-V) and Corriente Resources (CTG-T) has marked the end of a legal dispute over ownership of the Cerro Samenta copper property in Argentina.Th…
LATIN AMERICA — General Minerals expands size of Chilean porphyry, prepares for coming year
General Minerals (GNM-T) has expanded the area of known mineralization at its Escalones copper porphyry target in Chile, and hit promising precious metal values at a new target in Peru.At Escalones, G…