Indochina Goldfields boosts reserves in Myanmar
Indochina Goldfields (ING-T) has increased the reserves of its Monywa copper project in west-central Myanmar by 219 million lbs. contained copper.Pit-optimization work by consultant Resource Service G…
Articles by Northern Miner Staff
Redbird spreads wings over Alberta
Toronto-based Redbird Gold (RBD.A-A) will earn a half-interest in three diamond exploration properties comprising a total of 525,000 acres in east-central Alberta.The junior will issue 30,000 shares t…
PEOPLE — CONS. VENTUREX (March 02, 1998)
Clarence Williams Cole elected director.
PEOPLE — BELLATOR
Reid Brodylo appointed vp exploration.
PEOPLE – ARCHANGEL
Timothy Haddon appointed president and CEO.
STOCK MARKETS — Western markets waver under gold and copper blues — Cross Lake, Canabrava Diamonds drop following release of results
Weak gold and copper markets continue to take their toll on junior mining and exploration stocks. The Vancouver Stock Exchange composite index shed 19.31 points, or 3.1%, during the report period ende…
Getchell seeks Turquoise Ridge financing
Getchell Gold (GGO-X) is looking to the market for the funding necessary to complete construction of the Turquoise Ridge gold mine in northern Nevada.Now that the Canadian Imperial Bank of Commerce (C…
STOCK MARKETS — TSE has another bad week as metal prices continue slump — Yamana rises on impressive assay results from silver discovery in Argentina
During the report period Feb. 18-24, the Toronto Stock Exchange 300 index lost 12.21 points, or 0.18%, to end the week at 6948.25.The Canadian dollar climbed 57 basis points against its American count…
Placer Dome boosts production
Increased production rates and revenues, coupled with lower cash production costs could not offset an enormous writedown at Placer Dome (PDG-T).During 1997, the company recorded a consolidated loss of…
Major General earns back into Victoria Island
Vancouver-based juniors Major General Resources (MGJ-V) and Ascot Resources (AOT-V) have signed a letter of agreement whereby the former can earn back a 50% interest in the Victoria Island diamond pro…
SPOT PRICES (March 02, 1998)
Wednesday, February 25, 1998Price (US)Week’s ChangeGold*$292.30- $5.50Silver*$ 6.3…
Trivalence increases ownership in Aredor concession
DIAMOND PAGE — Trivalence Mining (TMI-V) has increased its stake in the Aredor diamond concession in the West African country of Guinea after reaching an out-of-court settlement.The Vancouver-based j…