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Articles by Northern Miner Staff
Toronto Stock Exchange Indices (June 09, 1997)
1997June 3June 2May 30May 29May 28HighLowComposit…
Silver Standard hits high grade in Bolivia
A 40-hole drill program at El Asiento, a silver-gold property in southwestern Bolivia, has returned positive results for Silver Standard (SSO-V).The 4,219-Metre program was drilled to test targets in …
Princeton postpones rollback, suffers loss
Poor market conditions have forced Princeton Mining (PMC-T) to postpone a planned 5-for-1 share rollback.The transaction had been approved previously, but, because of the battering many mining stocks …
Chase expands gold zone at Archangel
Drilling by Chase Resource (CQS-T) at its Archangel gold-copper property in the Philippines has expanded the oxide gold zone.An initial 13-hole program of reverse-circulation drilling, comprising 1,54…
Armada eyes gold in Chita
Armada Gold (AAU-T) has signed a protocol with the regional administration of Chita Oblast, Russia, addressing the future development of its Baley gold project.The agreement covers various tax issues …
ODDS ‘N’ SODS — Return of the ’60 Pontiac
In 1958, my dad was working at the Quirke uranium mine of Rio Algom in Elliot Lake, Ont., as a raise miner and, later, a shift boss.For a number of years, he made the journey every second week from Ki…
EDITORIAL AND OPINION — Canadian voters an unpredictable lot — Electing an Opposition
The steady hand of Paul Martin on the helm of the Canadian economy is probably the greatest strength of the Liberal party as it seeks another term in Ottawa and the re-election of Prime Minister Jean …
THE DIAMOND PAGE –Junior seeks gems in southwestern Africa
Botswana Diamondfields (BWD-V) reports it is close to securing a half interest in, and operatorship of, two diamond concessions in Angola.Before the protracted civil war, which began in 1975, substant…
STOCK MARKETS — VSE, Alberta slide as western markets continue slump — Diamond explorers add lustre to otherwise sluggish week
Both western markets slipped over the report period ended May 27, with the Vancouver Stock Exchange losing 17.63 points to close at 1,000.59 and the Alberta Stock Exchange down 33.34 points to finish …
Eldorado expands Brazilian gold producer
The cost of expanding the Sao Bento gold mine in Brazil led to a loss of US$1.6 million for Eldorado Gold (ELD-T) in fiscal 1996, compared with a loss of US$2.2 million in the previous year.The mine, …
Rea Gold posts first-quarter loss
A low gold price took the wind out of Rea Gold’s (REO-T) sails during the first quarter.For the 3-Month period, the junior posted a loss of $5.8 million on revenue of $3.1 million, compared with a los…