TSE INDICES (October 11, 1999)
1999 — DateOct. 5Oct. 4Oct. 1Sep. 30Sep. 29HighLow…
Articles by Northern Miner Staff
Platexco eyes PGM property
Platexco (PTX-T) is conducting a US$1.7-million bankable feasibility study at its Winnaarshoek platinum- palladium-rhodium-gold property on the eastern limb of the Bushveld igneous complex in South Af…
Guinea feasibility study positive for Semafo
A feasibility study on the Jean-Gobele gold project in east-central Guinea has concluded that a 55,000-oz.-per-year open pit mine would be profitable at a gold price of US$260 per oz.Commissioned by o…
Pele Mountain starts program
An agreement with Battle Mountain Gold (BMC-T) sets the stage for Pele Mountain Resource (PELE-C) to test a bulk sample from its wholly owned WAWA gold project in Ontario.The junior has already starte…
Canyon finances lawsuit
Canyon Resources (CAU-X) has obtained US$3.5 million in financing from Franco-Nevada Mining (FN-T) and restructured its purchase agreement with Phelps Dodge (PD-N) for the McDonald gold project…
DIAMOND PAGE — Twin Gold finds diamonds in Ungava
Toronto-based junior Twin Gold (TWG-T) has discovered diamonds in a grab sample derived from two dykes in the Torngat Mountains, east of Ungava Bay in northern Quebec.The sample, which weighed 10.9 kg…
Partners extend Tulawaka
Drilling has confirmed the down-plunge extension of the East zone at the Tulawaka property in Tanzania’s Lake Victoria Goldfields district.Operator Pangea Goldfields (PGD-T) holds a 70% interest in th…
Polymet begins drilling
Junior Polymet Mining (POM-V) has begun drilling on it NorthMet polymetallic project in northern Minnesota.The company intends drill 80-100 holes in a program that is expected to last one year (43,000…
Meetings (October 11, 1999)
Oct 12 ArizumaOct 12 AugustaOct 12 CordexOct 12 CorsairOct 12 DejourOct 12 Ris Res.Oct 12 Sepik GoldOct 12 United GunnOct 14 GreshamOct 19 FancampOct 13 AltoOct 13 HyperionOct 13 Northern GlacierOct 1…
Venturex to drill near Sudbury
Partners Consolidated Venturex Holdings (CVA-V) and Pacific North West Capital (PFN-A) will drill-test twocopper-nickel-plantinum-palladium properties near Sudbury, Ont.Mapping on the Davis-Kelly prop…
Cameco cuts high grade at Dawn Lake
Drilling by Canadian giant Cameco (CCO-T) has intersected high-grade uranium mineralization at a group of claims near La Rocque Lake in the Athabasca Basin of northern Saskatchewan.The claims, 55 km n…
COMMENTARY — Platinum jewelry sales on rise
During the past two decades, global demand for platinum has surged.Applications using platinum are widespread in automobiles, fuel cells, electronic components, catalysts, medicine and jewelry.Johnson…