DIAMOND PAGE — Jordan yields few stones
The newly discovered Jordan kimberlite on the Afridi Lake property, near Yellowknife, N.W.T., has yielded lacklustre microdiamond results.Kennecott Canada Exploration recovered only four stones (two m…
Articles by Northern Miner Staff
NEVADA & THE WESTERN STATES — Partners make Rosebud bloom– Costs at underground mine proving to be low
Not every successful Nevada gold mine is a big, high-tonnage open pit. The Rosebud mine near Winnemucca, a joint venture of Hecla Mining (HL-N) and Newmont Mining (NEM-N), is seeing increased producti…
NEVADA & THE WESTERN STATES — Glamis adds to Nevada holdings
By merging with Rayrock Resources, Reno-based Glamis Gold (GLG-T) has added three mines to it portfolio of Nevada properties.Rayrock shareholders received 1.6 shares of Glamis and $3 in return for eac…
NEVADA & THE WESTERN STATES — Battle Mountain forges ahead at Crown Jewel
With the political wrangling over, Battle Mountain Gold (BMC-T) is back on track at the advanced Crown Jewel gold project in northeastern Washington state.The company is earning a 54% interest in the …
NEVADA & THE WESTERN STATES — X-Cal issues wake-up call to Sleeper
X-Cal Resources (XCL-T) is still hot on the Sleeper gold project in northern Nevada, having recently tabled a new resource estimate.Preliminary resource figures were updated by Sierra Mining & Enginee…
Copper Ridge options ground to Kinross
Junior Copper Ridge Explorations (KRX-V) has optioned back to Kinross Gold (K-T) a portion of its Ogopogo property in east-central Alaska.Ogopogo is one of five exploration-stage properties that Geral…
PEOPLE — MIT Ventures
A.B. MacDonald appointed director.
PEOPLE — Latigo
Eric Wiltzen appointed chairman, CEO and director; Kenneth Embree appointed secretary; Matthew Waterer and Shawn Wiltzen appointed directors.
GOLD FUNDS (June 14, 1999)
Gold Funds as of June 4, 1999BGRCentralNet Value$13.175.42Price$9.00$5.40…
NEVADA & THE WESTERN STATES — Getchell, Placer complete merger — Full capacity projected at 800,000 oz. per year
In a deal valued at US$1.1 billion, shareholders of Getchell Gold (GGO-X) have agreed to merge with Placer Bullion Acquisition, a wholly owned subsidiary of Placer Dome (PDG-N).The merger is the resul…
Meetings (June 14, 1999)
June 14, Alhambra June 14, Allican June 14, Breakwater June 14, Donnybrook June 14, Int’l Freegold June 14, Int’l Dunlap June 14, Invader June 14, Liberty June 14, Lysander Gold June 14, Marengo June …
Manhattan finances Peruvian VMS project
Manhattan Minerals (MAN-T) will use proceeds of $11.25 million from a special warrant financing to explore the Tambo Grande volcanogenic massive sulphide (VMS) project in northern Peru.A syndicate led…