Aquest drills in Guatemala
Junior Aquest Minerals (AQU-V) has begun a 5,000-metre program of reverse-circulation drilling at the Anabella gold project in western Guatemala.The company is testing the extent and grade of gold min…
Articles by Northern Miner Staff
Chapleau, White Knight test properties
Partners Chapleau Resources (CHI-V) and White Knight Resources (WKR-V) have resumed drilling on their Squaw Creek gold property in Nevada.The property lies on the northern end of the Carlin trend, bet…
GREATEST VALUE TRADED (June 21, 1999)
ExchgVal($000s)HighLowCloseChangeAlcoa*N480069…
Iamgold tables positive results from Yatela
Based on the results of a positive prefeasibility study, partners Iamgold (IMG-T) and Anglogold (AU-N) of South Africa have started financing discussions for the Yatela gold deposit in Mali.The projec…
Final study on Diavik nears completion
The Diavik diamond project in the Northwest Territories is one step closer to development, following a draft report by the federal government which indicates that environmental or socio-economic probl…
Rio Narcea confirms gold
In its first venture outside Spain, Rio Narcea Gold Mines (RNG-T) is confirming the presence of high-grade gold mineralization.In October, Rio Narcea acquired an exploration licence covering the 440-s…
MINING MARKETS & INVESTMENT NEWS — Prospex approves Semafo merger
At their annual meeting, shareholders of Denver-based Prospex Mining (PRM-V) approved of a merger with Montreal-based Semafo (SMF-T.UNDER THE MERGER PLAN, PROSPEX WILL BECOME A WHOLLY OWNED SUBSIDIARY…
MOST ACTIVE ISSUES (June 21, 1999)
ExchgVol(000s)HighLowCloseChangePlacer DomeT13093…
MINING MARKETS & INVESTMENT NEWS — EASTERN MARKETS — Base metals stir as yellow metal tests new lows
The Toronto Stock Exchange fell slightly over the period ended June 15, giving up modest gains made in the previous five trading days. The TSE 300 composite index was 71.88 points lower at 6,865.82, a…
NEVADA & THE WESTERN STATES — Romarco aims to build on past success
Following a momentous year culminating in the sale of its prized Midas project, Romarco Minerals (R-T) is getting back to the business of exploring for gold in Nevada.In November 1998, Romarco sold it…
NEVADA & THE WESTERN STATES — Placer, Kennecott keep production in the Pipeline
The Pipeline gold mine in Nevada’s Crescent Valley is to Placer Dome (PDG-T) what the Goldstrike property is to Barrick Gold — a production cornerstone.The mine is owned, on a 60-40 basis, by Placer …
NEVADA & THE WESTERN STATES — Royalty sisters open Nevada mine
Low gold prices are not preventing affiliated companies Euro-Nevada Mining (EN-T) and Franco-Nevada Mining (FN-T) from basking in the success of their equally owned Ken Snyder mine, in Nevada, north o…