DIAMOND PAGE — Lytton closes private placement
Diamond explorer Lytton Minerals (LTL-T) has completed a $4.16-million private placement consisting of 2.6 million common shares at $1.60 per share.The proceeds, subject to a 5% commission, will be us…
Articles by Northern Miner Staff
TORONTO STOCK EXCHANGE INDICES (February 23, 1998)
1998Feb. 17Feb.16Feb. 13Feb. 12Feb. 11HighLowComp…
Boliden doubles profits in eventful year
While creating a stir in North America with a corporate move to Toronto from Sweden, a public flotation and a successful takeover of Westmin Resources (WMI-T), new-kid-on-the-block Boliden (BOL-T) als…
Triton to fall under Black Hawk’s wing — Merged company would boast minable gold reserves of 737,000 oz.
Vancouver-based junior Triton Mining (TTM-T) is set to become a wholly owned subsidiary of Black Hawk Mining (BHK-T) of Toronto.The amalgamation, which would be carried out on a share-for-share basis,…
PEOPLE — CANABRAVA DIAMOND
Rory O. Moore appointed president and CEO.
PEOPLE – CALLIOPE (February 16, 1998)
Grame Walker appointed CEO.
PEOPLE — ARCHANGEL DIAMOND (February 16, 1998)
Timothy J. Haddon appointed president and director.
Blind River refinery sets safety record
For the past eight years, Cameco has operated its uranium refinery in Blind River, Ont., without once experiencing a lost-time accident.In late January, company officials recognized the achievement at…
Minorca moves into Dayton Mining
For $16 million, Minorca Resources (MAR-T) has bought a 12.2% interest in Vancouver-based gold producer Dayton Mining (day-t) and moved into Dayton’s boardroom.Minorca purchased 5 million Dayton share…
Newmont budgets more work at True North
Newmont Mining (NEM-N) has proposed a 1998 exploration budget of US$3.6 million for continued work at the True North gold project in Alaska.The budget calls for US$2.1 million to be spent on engineeri…
NEWS IN BRIEF (February 16, 1998)
International Blue Gold (IBU-V) has changed its name to Buddha Resources (BUA-V) on a 1-new-for-2-old-share basis.
DIAMOND PAGE — Verena to explore in Brazil
Toronto-based Verena Minerals (VMCO-C) has acquired exploration rights to a producing diamond property in Brazil’s Minas Gerais state.The property comprises 20,000 ha of alluvial terraces, with minera…