Still more good results for AG at Amable
Drilling on the Amable target in San Juan province has yielded more encouraging results for Argentina Gold (ARP-V).The target is part of the Veladero project, in which Argentina Gold holds a 60% inter…
News
Antares to merge with Vaaldiam
A financing deal between Vaaldiam Resources (VRL-A) and Antares Mining & Exploration (ANZ-T) sets the stage for a merger.The agreement calls for Antares to buy 416,667 Vaaldiam shares at 36 cents each…
Meetings (November 09, 1998)
Nov. 9, HawkeyeNov. 9, RiverdanceNov. 9, SanfredNov. 10, DestinyNov. 10, PGE ResourceNov. 12, Argentina GoldNov. 12, HaydenNov. 12, RockNov. 13, AltagemNov. 13, KRL ResourcesNov. 13, TomNov. 16, IBINo…
Partners expand Clearwater resource
Quebec government-owned Soquem and equal partner Eastmain Resources (ER-T) have increased the resource at the Clearwater project’s Eau Claire gold zone in Quebec’s James Bay region.Thanks to two recen…
MINING MARKETS & INVESTMENT NEWS — Mining executives partake of light trading
Recent insider trading transactions reported in the Ontario Securities Commission’s OSC Bulletin include the following:Black Hawk Mining (BHK-T) — Pastor Torres Gurdian, executive of an affiliated co…
Orko, TNR to explore Argentine properties
Orko Gold (OR-V) can acquire from TNR Resources (TRR-V) up to a 60% interest in three properties in northwestern San Juan province, Argentina.Under a proposed 4-year option, Orko can earn an initial 5…
Glamis posts profit
Despite a shortfall in production, Glamis Gold (GLG-T) earned US$205,000 in the third quarter, compared with a loss of US$909,000 in the corresponding period of 1997.Gold production between the two pe…
Ascot searches for Sullivan-type deposits
Having walked away from a joint venture on the Fort copper-molybdenum-silver property in the Babine Lake area of central British Columbia, Ascot Resources (AOT-V) has turned its attention to the Cranb…
Semafo drops merger talks
A proposed merger between Semafo (SMF-T) and High Desert Mineral Resources (HDR-V) has gone off the rails.The parties were unable to reach an agreement with respect to the terms of their proposed busi…
Homestake gains ground in Argentina
Homestake Mining (HM-N) has agreed to purchase all exploration properties in southern Argentina that are held by Australian-based Western Mining Corp. (WMC).The company will pick up 900,000 acres in R…
THE NORTHERN MINER — NORTH AMERICAN MINING INDEX (November 09, 1998)
105.57 (+1.06)(Sept 30/98 = 100)…
Cameco enjoying higher revenues
Even as prices for its two major products, gold and uranium, declined, Cameco (CCO-T) posted higher revenue in the first nine months of 1998 than it did in the corresponding period of 1997.Cameco show…