Amblin Res. to drill Lyndhurst
A proposed financing will provide funds for Amblin Resources (AX-A) to drill the Lyndhurst copper-lead-zinc-gold property, a past producer near Rouyn-Noranda, Que.Yorkton Securities is arranging the f…
Articles by Northern Miner Staff
ODDS ‘N’ SODS — On top of the world, Part 2
.BBS.J. HUNTERJack Zucco, my boss at the Red Rose tungsten mine in mountainous northern British Columbia, was a meticulous leader and task-master who wisely moved me from job to job to make me adaptab…
STOCK MARKETS — Composite index remains flat on western markets — Hixon takes plunge as trading resumes; Kalahari rises
The Vancouver Stock Exchange composite index remained flat over the report period ended Aug. 19, closing at 833.59, down 0.71 point. The mining index was off 3.89 points, or 0.5%, at 750.04.The combin…
STOCK MARKETS — TSE lives through another selloff — Metals and golds keep sinking as
broad market recoversLike its counterparts around the world, the Toronto Stock Exchange was hit by a correction on Aug. 15. But the TSE 300 composite index rallied on Aug.19 to recover most of the los…
TORONTO STOCK EXCHANGE INDICES (August 25, 1997)
1997 –Aug 19Aug 18Aug 15Aug 14Aug 13HighLowCompo…
Cameco inks Russian deal
Three parties — Cameco (CCO-T), Paris-based Cogema and privately held Connecticut-based uranium trader Nukem — have signed anagreement-in-principle with the Russian Federation to buy uranium taken f…
Mines pour first gold
Two mines in separate parts of Canada celebrated their first gold pours recently.Rea Gold (REO-T) announced that the Bissett gold mine in eastern Manitoba is now hoisting and milling ore. The first go…
MOST ACTIVE ISSUES, August 13-19
ExchgVolume(000s)CloseMeridian GoldT54536.45Eldorado GoldT…
Correction (August 25, 1997)
During the three months ended June 30, 1997, Rio Algom (ROM-T) produced 50,000 lb. of uranium and 133,000 lb. of coal. During the same period in the previous year, the firm produced 540,000 lb. of ura…
Ventures seeks opportunity in southwestern Alaska
Having terminated its exploration project in Eritrea, East Africa, Ventures Resources (VRS-V) is focusing all of its efforts on Alaska.The company recently released the first batch of drill results fr…
PEOPLE — VALERIE GOLD (August 25, 1997)
Sean Tetzlaff appointed chief financial officer.
Kazakstan kills Gold Pool contract
Things are getting ugly in Kazakstan: Just weeks after cancelling World Wide Minerals’ (WWS-T) contract to manage uranium operations in Stepnogorsk, the Kazakstani government’s State Property Departme…