Great Basin funds work on Ivanhoe
Junior Great Basin Gold (GBG-V) has arranged, with Exploration Capital Partners, a private placement of 666,667 units priced at $1.50 each, for gross proceeds of $1 million.A unit will consist of one …
Articles by Northern Miner Staff
PRECIOUS METALS — Moydow goes public with Ghanaian gold assets
Dublin-based Moydow Mines International (MOY-T) is celebrating two recent events at its properties in Ghana: the successful startup of its first gold mine and the discovery of a promising new gold zon…
PRECIOUS METALS — Drilling expands Mt. Kare
Madison Enterprises (MNP-V) has tabled the results of 13 additional diamond drill holes at the Mt. Kare deposit in Papua New Guinea, expanding the resource model there.In November 1998, Watts Griffis …
PRECIOUS METALS — Starcore, ProAm still hot on Samuels Lake — Juniors join search for platinum group metals in Ontario
ProAm Explorations (PMX-V) and Starcore Resources (SOE-V) have released encouraging results from a second phase of drilling on their jointly held Samuels Lake intrusive complex, 56 km west of Atikokan…
Taseko poised to close deal for Gibraltar copper mine
Hunter-Dickinson-led Taseko Mines (TKO-V) has entered into an agreement with Boliden (BOL-T) to acquire the Gibraltar copper mine, near Williams Lake in central British Columbia.Gibraltar is a large-s…
Manhattan wins approvals
It was a long time coming, but Manhattan Minerals (MAN-T) has finally received all necessary government approvals to begin exploration on the Tambo Grande mining concessions in northern Peru.The Peruv…
Vengold tables loss, responds to criticism
Saddled with a US$115-million debt load and a first-quarter net loss of US$16.7 million, Vengold (VEN-T) found itself facing some criticism from shareholders at its annual meeting in Vancouver.Several…
NEWS ROUNDUP — IG ponders expansion in Myanmar
Singapore-based Indochina Goldfields (ING-T) is investigating the possibility of expanding the S&K copper mine in Myanmar.The company says it would cost US$7.5 million to boost production by about 40%…
EDITORIAL & OPINION — FBI unlikely to fare better than Mounties — The unpunishable crime
The Royal Canadian Mounted Police are famous for getting their man, but not this time. They didn’t get John Felderhof, the multi-award-winning senior geologist at the Busang property in the jungles of…
EDITORIAL & OPINION — COMMENTARY — Platinum undervalued
Some observers are questioning whether platinum prices can rise much above what they are today. Platinum reached a low of US$336.40 per oz. in October 1998 but since that time has traded between US$34…
CIM meeting to feature Teck’s Antamina copper project
Michael Lipkewich, senior vice-president of mining for Teck, will discuss development of the Peruvian copper-zinc project known as Antamina on May 27 at a luncheon sponsored by the Vancouver branch of…
Placer head to speak at Elko Mining Expo
Mining in foreign jurisdictions will be discussed by John Willson, president of Placer Dome, at the 14th annual Elko Mining Expo, to be held in Elko, Nev., from June 16 to 19.Willson will be one of se…