Metall testing Akie massive sulphides
Exploration on the Akie and Pie claims in northeastern British Columbia is returning encouraging results for partners Metall Mining (TSE) and Ecstall Mining (VSE). Metall is earning a 60% interest in …
Articles by Northern Miner Staff
Loubel drilling Burkina Faso find
Junior Loubel Exploration (ME) is exploring two properties in Burkina Faso, West Africa. The company is completing a 10-hole, 10,000-ft. drilling program on the Tiebele gold property. The first five h…
Metallgesellschaft sells control block of Metall
The parent of Metall Mining (TSE) has sold its 50.1% interest in Metall. Metallgesellschaft AG of Germany sold its holdings for proceeds of about $458 million (40.7 million shares at $11.25 per share)…
INSIDER TRADING — Thunderwood officers buy shares in July
Two senior officers of Thunderwood Resources (TSE) bought shares in July. According to the Ontario Securities Commission’s OSC Bulletin, senior officer and director James Gill bought 285,714 shares at…
PRODUCER PRICES (September 05, 1994)
ALUMINUM: MW U.S. market US71.5-72.5 cents per lb. (Aug. 25, 1994). ANTIMONY: MW New York dealer US$2.35-2.50 per lb. (July 21, 1994). BISMUTH: MW New York dealer US$3.75-4.25 per lb. (July 28, 1993)….
Asia Minerals, Royal Oak take on Chinese venture
A gold project in northeastern China is providing a new focus for Asia Minerals (ASE), a junior which has evaluated several projects in that country. The latest is a joint venture that allows the comp…
TSE SHORT POSITIONS (September 05, 1994)
Semi-monthly reports as of Aug 15, 1994 showed 256,689,980 shares of 902 issues compared with 279,336,594 shares of 859 issues on July 31, 1994. Larger individual positions included: Aber 180,300, up …
State support for Exall project
The government of the Mexican state of Sinaloa has agreed to provide the required infrastructure to support the Santo Tomas copper-gold-silver project of Exall Resources (TSE). The company estimates t…
Eastern Stone receives OMIP grant
A wholly owned subsidiary of Eastern Stone Products (ASE), Belmont Rose Granite, will receive a maximum grant of $66,150 under the Ontario Mineral Incentive Program (OMIP). The subsidiary has also rec…
Rayrock explores areas with affiliates
A subsidiary of Rayrock Yellowknife Mines (TSE) has signed an agreement concerning a joint venture on part of the Gold Bar claim block, owned by Atlas (NYSE). Rayrock can earn a 60% undivided interest…
Greenstone bullish on La Libertad
During the past two years, Greenstone Resources (TSE) has been negotiating to secure a position in a producing gold mine within a prospective mineral district of Nicaragua. These negotiations came to …
Louvicourt mine on track, first concentrates shipped
With the first shipment of copper concentrates having been delivered last month, the Louvicourt copper-zinc-gold operation appears to be safely on track. The deposit, near Val d’Or, Que., is being dev…