Privately owned Jipangu will pay $2 million for a 35% interest in the Blackdome gold mine, near Clinton, B.C. The Tokyo-based firm can increase this to 50% by spending an additional $1 million before …
A long-term approach to doing business in Indonesia is paying off for gold major Newmont Mining (NEM-N), which has one mine in the Southeast Asian country up and running and a second scheduled to come…
Based on a recently completed evaluation study, Weda Bay Minerals (WDA-A) has resolved to proceed with development of its nickel-cobalt property on the Indonesian island of Halmahera.The project, in w…
Alberta Star Mining (ASC-A) has proposed a private placement of up to 1 million flow-through shares at 20 cents each.Proceeds will be used to cover exploration expenditures incurred on the Mazenod Lak…
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Elaine McCombe, wife of mining engineer Robert McCombe, has died.She is survived by children Ann, Linda, Heather and Roberta, as well as eight grandchildren.
The Toronto branch of the Canadian Institute of Mining, Metallurgy and Petroleum will host its annual boat cruise and Monte Carlo night on August 19.Boarding of The Northern Spirit at the docks at the…
Gold Funds as of June 25, 1998BGRCentralNet Value$13.65$5.93Price$10.05$5…
The passing of David Walsh, the late president of Bre-X Minerals, closes the final chapter on an individual who orchestrated one of the biggest snowjobs in the history of the exploration industry.He w…
After completing a due diligence review, Antares Mining and Exploration (ANZ-T) has exercised its option to acquire a $1.7-million convertible debenture of Steppe Gold (SPE-V).The debenture is convert…
Anyone that cashed out of the copper market around the time of the Sumitomo rogue-trading scandal had impeccable timing.Recent reports on the copper market by two metal trading firms and a Canadian ba…
In The Northern Miner of March,. 9/98, you carried a story entitled “Great Basin hits bonanza grades at Ivanhoe.” It says that results of the remaining drill test were expected later that month.I have…
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