COMMENTARY — New name, similar mandate
The author is the newly appointed president of the Mining Association of Canada. He has written the following article at the request of Keep Mining in Canada, an organization designed to increase awar…
Articles by Northern Miner Staff
Rea files for bankruptcy — Subsidiary Bisset also goes belly up
Rea Gold (REO-T) and its wholly owned subsidiary, Bissett Gold, have filed for protection under the federal Bankruptcy Act.he announcement spells the end of the Bissett gold mine project near Bissett,…
Sale of Troilus mine derailed
Plans by Inmet Mining (IMN-T) to sell the Troilus mine in north-central Quebec have been stalled following a technical investigation by the prospective purchaser.Homestake Mining (HM-N) and subsidiary…
PEOPLE — ZIM-GOLD (December 22, 1997)
Michael Kinley, Takala Hutasoit and Andreas Tjahjadi appointed directors.
PEOPLE — VICTORY
Michael Piek and David Hodge appointed directors.
Indo outlines base metal lens
Indo Metals (IOM-V) has outlined a lens of high-gradecopper-lead-zinc-silver mineralization on its Wai Ira prospect on Haruku Island, Indonesia.Indo Metals can acquire 49% of Ingold Holding’s 80-to-85…
Ashanti drilling in Niger
Ashanti Goldfields (ASL-N) has begun drilling on the Nassile gold concession in Niger.The 9,000-metre program is designed to test the Tampena geochemical anomaly, situated in the southwestern portion …
Uranium sales talks suspended
Talks among the Russian Ministry of Atomic Energy, Canadian uranium producer Cameco (CCO-T) and U.S. uranium dealer Nukem have been suspended, jeopardizing a deal under which the Western companies wou…
Oro merges with Minpro
Junior explorer Oro Blanco Resources (ORBL-C) and privately owned Minpro, a mining and waste management company, are merging to form a new company named Amalco.Under the proposal, which is still subje…
Tombstone acquiring Grassy Mtn.
Tombstone Explorations (TSO-T) is acquiring the Grassy Mountain gold project in southeastern Oregon from Atlas (AZ-N).The hot springs-style gold deposit is estimated to contain a measured and indicate…
McWatters buys East Amphi project
McWatters Mining (MCW-T) is paying Breakwater Resources (BWR-T) $3 million and a 1.5% net smelter return royalty for its stake in the East Amphi gold property, 2 km northwest of Malartic, Que.The 1,16…
MOST ACTIVE ISSUES, Dec. 10-16, 1997
ExchgVolume(000s)CloseWestmin ResT125205.50Lionore MngT…