Placer gains Solomon’s gold interests in Africa
Partners Channel Resources (CHU-T) and Solomon Resources (SRB-V) have entered into separate agreements that will allow Placer Dome (PDG-T) to earn up to a 65% interest in the Bombore and Naoube…
Articles by Northern Miner Staff
Companies (November 29, 1999)
AMT International MiningAnglo AmericanAnglogoldAnooraq ResourcesBema GoldCancor MinesChannel ResourcesChief Consolidated MiningComaplex MineralsConquistador MinesCorner Bay MineralsCumberland Resource…
Icelandic Gold buys silver mine
Icelandic Gold (ICEG-C) will acquire the dormant Zgounder silver mine, in the Anti-Atlas Mountains of southern Morocco.The junior has signed a letter-of-intent with a mining arm of the Moroccan govern…
Minefinders arranges financing for Dolores
Minefinders (MFL-T) has secured commitments for a non-brokered private placement of 1.8 million units priced at 90 cents per unit. Proceeds are expected to total $1.6 million.Each unit will consist of…
MINING MARKETS & INVESTMENT NEWS — WESTERN MARKETS — Vancouver markets slump while Alberta heats up
The Vancouver Stock Exchange composite index dropped 6.22 points, finishing the week ended Nov. 23 at 386.77. The mining index also lost ground, shedding 2.48 points at 261.38. The combined value of t…
EXPLORATION ’99 – GeoNova adds ground in Que.
Montreal-based GeoNova Explorations (GNE-M) has acquired the Gander gold property, northwest of Lebel-sur-Quvillion, Que.The property is contiguous with GeoNova’s Discovery project, which hosts a kno…
Greystar updates resource
Junior Greystar Resources (GSL-T) has updated the resource estimate for its wholly owned Angostura gold-silver property in northeastern Colombia.Indicated and inferred resources now stand at 9.3 milli…
Cancor tallies Gemini resource
Having sunk an additional eight holes, Cancor Mines (KCR-M) is calculating a preliminary resource for its Gemini volcanogenic massive sulphide property in northwestern Quebec.Work to date has defined …
Geomaque down but not out
Low gold prices have taken their toll on Geomaque Explorations (GEO-T), though the company is showing no signs of slowing down.Losses in the third quarter totalled $758,000 (2 cents per share) on reve…
Index (November 29, 1999)
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Duck Pond ready for resource estimate
Four more drill holes by Thundermin Resources (THR-T) and Queenston Mining (QMI-T) have confirmed the grades, size and shape of the Upper Duck Lens massive sulphide body at the Duck Pond property in c…
Miramar posts loss but makes progress
Despite ongoing cost-cutting and other efforts to achieve profitability at the Con gold mine in Yellowknife, Miramar Mining (MAE-T) remained in the red during the latest quarter ended Sept. 30.The gol…