THE DIAMOND PAGE — Drilling cuts dykes at Snap
A 4,500-metre drill program is under way at the Camsell Lake project, 225 km northeast of Yellowknife, N.W.T.Situated near Snap Lake, the project is a joint venture between operator Winspear Resources…
Articles by Northern Miner Staff
OBITUARY — Dorothy McCrea
Dorothy McCrea, a Sancta Barbara Award winner, has died. She was 91.Born Dorothy Dowsett in 1905 near the Witwatersrand gold mine in South Africa, she emigrated to Timmins, Ont., with her family in 19…
Rux signs JV with Uzbekistan
Junior Rux Resources (RUXR-C) has formed a 50-50 joint venture with the government of Uzbekistan to participate in two precious metal projects in that country’s Tashkent region.One of these, the Kayra…
LME WAREHOUSE LEVELS (March 24, 1997)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Mar.17/97 (change from previous week in brackets):Aluminium891,825(+14,150)Copper197,450(-8,075)Lead108,225(-850)Nickel46,54…
GOLD FUNDS (March 24, 1997)
Gold Funds as of March 13, 1997BGRCentralNet Value$23.34$6.15Price$17.90$…
THE DIAMOND PAGE — Kimberlite find triggers Alberta rush
New Claymore Resources (NCS-V) has increased to 6 million acres its land position in the Buffalo Hills-Peace River area of north-central Alberta.The area has heated up since Ashton Mining of Canada (A…
GREATEST VALUE TRADED, Mar. 12-18
ExchgValue($000s)HighLowCloseChangeInco LtdT11370…
Spot prices at a glance (March 24, 1997)
Wednesday, March 19, 1997Price (US)Week’s ChangeGold*$348.95- $4.20Silver*$ 5.17…
Pacific Rim enters financing deal
Pacific Rim Mining (PFG-V) will use proceeds from a $12.7-million equity financing to accelerate exploration of its Cerro Blanco and La Colorada properties in northwestern Argentina and fund future ac…
STOCK MARKETS — Tumbling gold price depresses TSE
Over the report period ended March 18, the Toronto Stock Exchange reversed the gains it had made during the previous week, and then some.The TSE Composite 300 index dropped 176.18 points (or 2.8%), cl…
Minefinders stages $15-m financing
A special warrant financing to the tune of $15 million is being arranged by Minefinders (MFL-V).Three investment firms — Nesbitt Burns, Midland Walwyn Capital and HSBC James Capel Canada — will buy …
Homestake studies bio-oxidation process
Homestake Mining (HM-N) and Codelco, the Chilean state-owned mining agency, are studying the feasibility of using bio-oxidation techniques to process refractory material at the Agua de la Falda gold p…