LATIN AMERICA — Ourominas adds McLucas to board
Scottish mining financier William (“Willie”) McLucas has been appointed chairman of Toronto-based Ourominas Minerals (OMI0-T), in an attempt to raise exploration financing.McLucas is currently chairma…
Articles by Northern Miner Staff
Minera Andes hits high grade in Patagonia
The latest round of drilling has returned high-grade gold and silver values at the El Pluma-Cerro Saavedra project in southern Argentina for Minera Andes (MAI-A).Four of 17 widely scattered holes show…
LATIN AMERICA — Ulysses hunts for gold at Halley
Improving political circumstances have a way of turning interesting showings into promising exploration projects. As tensions in Peru relax, good geology can once again get itself noticed.Ulysses Inte…
FACTS ‘N’ FIGURES — China rethinks gold stance
The People’s Bank of China (PBC), which has full control over China’s gold policy and regulations, recently announced that the official purchasing price paid by the PBC to mine producers would be redu…
Pioneer Metals pins hopes on Riou Lake
Vancouver-based junior Pioneer Metals (PSM-T) is using results from a recently completed electromagnetic survey on its Riou Lake property in the Athabasca Basin of northern Saskatchewan to pinpoint ar…
LATIN AMERICA — MacMillan outlines gold targets in Peru
A program of geological mapping and geochemical sampling has yielded encouraging results for MacMillan Gold (MMG-T) at the Armonia epithermal gold project near Lima, Peru.The property hosts extensive …
Ursa Major buys stake in Patricia
Best known for its copper and gold projects in Kazakstan, Ursa Major International (URS-T) has come home to acquire a 12.6% stake in Patricia Mines (PAT-V), owner of the Island Gold project situated 5…
GREATEST VALUE TRADED, Mar. 25-31
ExchgValue ($000s)HighLowCloseChangeBarrick GoldT…
Companies (April 06, 1998)
Aber ResourcesAfcan MiningAlto MineralsAmblin ResourcesAMT Intern’l MiningAnglo AmericanApex Silver MinesArmada GoldAteba MinesBanro ResourcesBarrick GoldBattle Mountain GoldBlack Hawk MiningBlue Dese…
STOCK MARKETS – Western markets post gains — Northern Abitibi, Donner trading heats up as drilling nears
The Vancouver Stock Exchange composite index gained 14.83 points, or 2.4%, to close at 626.95 over the report period ended March 31. The mining index also closed on a positive note, adding 5.98 points…
LATIN AMERICA — Solitario trades Argentine portfolio for stake in TNR
Solitario Resources (SLR-T) has signed a letter of intent with TNR Resources (TNR-V) to transfer ownership of mineral properties in Argentina in return for shares.Having made a non-refundable binding …
COMMENTARY — Partnerships at Musselwhite
The Musselwhite mine of Placer Dome and TVX Gold is situated on traditional lands of North Caribou Lake First Nations in a remote area of northern Ontario. Negotiation of the Musselwhite agreement beg…