MacDonald launches golden takeover
MacDonald Mines (MMP.A-A) has signed an agreement with Mill City Gold Mining (MIV-V) to acquire the latter’s 46.5% controlling interest in Golden Hill Mining (GHMC-C).For each share owned by Mill City…
Articles by Northern Miner Staff
Meetings (November 03, 1997)
MEETINGSNov. 3, Red Fox Nov. 7, New Goldcore Nov. 7, Newfields Nov. 7, Slocan Rambler Nov. 9, Sirios Nov. 10, Conquistador Nov. 10, Continental Precious Nov. 12, Argentina Gold Nov. 12, Coleville Nov….
Companies (November 03, 1997)
INDEXAgnico Eagle MinesAlmaden ResourcesArizona Star ResourceArmada GoldAsarcoAtna ResourcesAurizon MinesBarrick GoldBema GoldBenguetBHP CopperBlackstone ResourcesCambiorCamecoCanadian M…
Kit drills gold target at George Lake property
Assays from summer drilling at the George Lake gold project of Kit Resources (KIT-T) in the Northwest Territories show some strong grades.Assays from drilling on the Goose Lake prospect included: 4.25…
DIAMOND NEWS ROUNDUP — Project targets anomalies
A joint venture consisting of Canadian Mountain Minerals (CYM-A), Dia Met Minerals (DMM-T) and Australian-based Quadrant Resources has detected more than 100 circular magnetic anomalies on diamond cla…
DIAMOND NEWS ROUNDUP — Redaurum gem sets record
Toronto-based Redaurum (RRK-T) reports that its 28.2-carat, gem-quality Colorado diamond has been cut and polished, yielding a 16.86-carat, cushion-cut, white stone that will soon be offered at auctio…
DIAMOND PAGE — De Beers strikes deal with Russians
South Africa-based De Beers Consolidated Mines (DBRS-Q) has concluded a trade agreement with the Russian government and mining industry on the export and sale of Russian rough diamonds to the company’…
Stock prices rally in Toronto, New York Bargain-hunters rush in, following market crash
After several days of losses in stock markets around the world, stock prices began to rally on Oct. 28.The recovery was fuelled first by announcements that a number of large companies were planning to…
Westmin, Atna concerned over selenium at Wolverine
High selenium content could hinder the economic potential of the Wolverine volcanogenic massive sulphide deposit in the southeastern Yukon.Partners Westmin Resources (WMI-T) and Atna Resources (ATN-T)…
Pentland raises funds
Toronto-based Pentland Firth Ventures (PF-T) has raised $1.6 million by issuing 1.5 million flow-through shares to Kinross Gold (K-T).The shares, which are subject to a 1-year holding period, boost Ki…
ODDS ‘N’ SODS — Canadian back bacon
Every Canadian geologist has, at one time or another, obstinately argued that a particular chunk of muskeg or tundra he had walked over had the worst bugs in the world.Those who have worked outside of…
STOCK MARKETS — Few escape unscathed as crash KOs western markets — VSE struggles to recover from Hong Kong-triggered ‘severe correction’
The Vancouver Stock Exchange composite index fell 71.08 points, or 8.5%, to 762.36 over the report period ended Oct. 28. The mining index plummeted 81.86 points, or 11%, finishing at 662.75 points. Th…