Noble Peak set to search for South African gems
Junior Noble Peak Resources (NPK-A) is preparing to start a program of infill drilling and bulk sampling in early April on a set of South African properties optioned from Mountain Lake Resources (MOA-…
Articles by Northern Miner Staff
DIAMOND PAGE — Ashton ends winter drilling on up note
Spring breakup conditions in north-central Alberta have prompted Ashton Mining of Canada (ACA-T) to wrap up a successful winter exploration drilling program on the Buffalo Hills joint-venture property…
STOCK MARKETS — Steady as she goes on Western markets — El Misti Gold among most-actives yet again
The Vancouver Stock Exchange composite index remained steady over the report period ended March 24, losing only 0.44 point, or 0.07%, to close at 616.12. The mining index also held its ground, edging …
Boreal explores Nevada gold property
Quebec-based Boreal Exploration (BOR-M) has signed an agreement with a private company to acquire the Gold Hill gold property in northern Nye Cty., Nev.The 1,200-ha property was the site of small-scal…
FACTS ‘N’ FIGURES — Use of photographic silver rises
The use of silver by the photographic industry increased nearly 3% to 232.7 million oz. worldwide in 1997.The increased use of silver by the industry in 1997 evolved primarily from increased demand fo…
New dating technique may revise geologic scale — Age test developed by U of T researchers expected to have practical applications
A new technique used to determine the age of sedimentary rocks could refine the geological time scale and provide new insight into global sea-level variations, according to a recent study.A team of re…
PRODUCER AND DEALER PRICES (March 30, 1998)
Aluminium: LME settlements US$1,432, alloy US$1,275 per tonne (Mar. 24/98).Antimony: Representative mid-market US$1,600 per tonne (Mar. 24/98).Bismuth: Representative mid-market US$4.05 per lb. (Mar. …
STOCK MARKETS — Rising precious metal prices pull up major gold stocks — Crystallex shares dive on Venezuelan congressman’s remarks
The Toronto Stock Exchange 300 composite index ended the report period of Mar. 18-24 at a record high of 7,551.23, up 110.86 points, or 1.5%, over its March 17 showing.The Canadian dollar fell 13 basi…
METAL PRICES — Daily Metal Prices (March 23, 1998)
BASE METALS (London Metal Exchange-Midday bid/ask prices in US$ per tonne)DateMar. 17Mar. 16Mar. 13Mar. 12Mar…
DIAMOND PAGE — De Beers samples TNK property
Initial sample testing by the Botswanan prospecting arm of De Beers Consolidated Mines (DBRS-Q) has turned up macrodiamonds in three of four kimberlite pipes discovered in 1997 by TNK Resources (TNKR-…
Quebec seeks tougher mining regs
Prompted by the Bre-X Minerals debacle, the Commission des valeurs mobiliers du Quebec (CVMQ) has introduced new regulations designed to boost the credibility of mining companies in the Quebec securit…
MOST ACTIVE ISSUES, Mar. 11-17
ExchgVol(000’s)Close.ZSInco LtdT474227.20TVX Gold IncT…