Teryl, Kinross team in Alaska
Kinross Gold (K-T) has agreed to acquire a 70% interest in the Westbridge claims in Alaska’s Fairbanks district.In return, Kinross must pay US$285,000 to Vancouver-based Teryl Resources (TRC-V) and sp…
Articles by Northern Miner Staff
INVESTMENT COMMENTARY — Analysts see bright outlook for nickel
Citing what they describe as “base metal euphoria,” analysts at National Bank Financial are bullish on the prospects for Canada’s two major nickel producers, Inco (N-T) and Falconbridge (FL-T).In a re…
Workshops to prime miners, suppliers for China trade mission
A workshop on business opportunities and private investment in China’s mining and minerals industry will be held Oct. 21 at the Hilton Toronto Airport Hotel, three months before a Canadian trade deleg…
Anglogold comes to the aid of Acacia
Titan Anglogold (AU-N) intends to take over Australia’s Acacia Resource by 3.5 shares in exchange for 100 shares of Acacia, valued at a 24% premium on the Australian Stock Exchange.Meanwhile, rival bi…
LATIN AMERICA — Trans Hex digs in at Barra Grande project in Brazil — Black Swan forgoes option on Jequitinhonha River diamond property
Brazilian rivers have long-been known for their diamond potential, and partners Trans Hex International (THI-T) and Verena Minerals (VMCO-C) are showing their Barra Grande property, on the banks of th…
Meetings (October 18, 1999)
Oct 13 Alto Oct 13 Hyperion Oct 13 Northern Glacier Oct 14 Laurier Oct 14 Pacific Cascade Oct 14 Pacific Rim Oct 15 E-Minerals Oct 15 Loubel Oct 15 Nucanolan Oct 18 Cons. Logan Oct 18 Ivory Oct 18 Lat…
LATIN AMERICA — Southern Peru expands reserves at Toquepala
Southern Peru Copper (PCU-N) has outlined additional copper at its Toquepala mine, near Arequipa.The company, which is 54% held by Asarco (AR-N), has spent the past two years exploring beneath the bot…
LATIN AMERICA — Eaglecrest drills San Simon property in Bolivia
Junior explorer Eaglecrest Explorations (EEL-V) is hoping that perseverance, new management and a new geological model will pay off at its San Simon gold property in northeastern Bolivia.Situated 500 …
Base metal output strong as gold drops between periods
Canadian production of nickel, lead, primary zinc, silver and uranium was up between July 1998 and July 1999, while output of copper, gold, and refined zinc was down.The statistics shown below were co…
Asarco explores West Fissure
An agreement with Southwestern Gold (SWG-T) allows a unit of Asarco (AR-N) to earn a 51% interest in the West Fissure copper project in central Chile.The property comprises 58,000 ha in the main West …
EXCHANGE RATES (October 11, 1999)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateOct. 5Oct. 4Oct. 1Sept. 30Sept. 29…
Gov’ts open Nunavut geoscience base — Office part of federal effort to support northern mineral projects
A new geoscience centre in Iqualuit, Nunavut, will be instrumental in helping that region discover and exploit its mineral potential, say the three government partners involved in the project.Natural …