Redaurum shareholders approve takeover
Shareholders have approved a revised agreement for a business combination between Redaurum (RRK-T) and a private company.The revised merger agreement — effectively a reverse takeover of Redaurum — w…
Articles by Northern Miner Staff
East Bull Lake yields more PGE for Mustang
Junior Mustang Gold (MMIN-C) has discovered more platinum group elements in the East Bull Lake intrusion, 80 km west of Sudbury, Ont.The Toronto-based company resampled a hole that was drilled in the …
Australian geology subject of tour
With a focus on Australia’s diverse geology, two field trips will make stops at 16 of the continent’s precious and base metals mines.Sponsored by the Australian Minerals Foundation (AMF), the tour, en…
EDITORIAL & OPINION – COMMENTARY — Robotics transforming mining
During the 20th century, the Canadian mining industry earned a global reputation as a leader in the development of advanced technology. Today, many of the technological innovations that were conceived…
TSE INDICES (March 29, 1999)
1999Mar. 23Mar. 22Mar. 19Mar. 18Mar. 17HighLowCom…
METAL PRICES (March 29, 1999)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateMar. 23Mar. 22Mar. 19Mar. 18…
TSE SHORTS (March 29, 1999)
Short positions outstanding at March 15, 1999Larger individual positions include:Abaddon Resources 120,000, up 120,000; Abitibi Consolidated 493,000, down 170,811; Alcan Aluminium 630,336; Barrick Gol…
Tarkwa wipes US$75m debt
Gold Fields (GDFDY-O) and Golden Knight Resources (GKR-T) have eliminated US$75 million in debt related to the construction of the Tarkwa gold mine in southwestern Ghana.The South African major, which…
INSIDER TRADING — Stillwater execs boost stake
Recent insider trading transactions reported by the U.S. Securities and Exchange Commission include the following:Stillwater Mining (SWC-X) — John Andrews, president, exercised 33,571 options at US$3…
MINING MARKETS & INVESTMENT NEWS – EASTERN MARKETS — Golds pull down broad market
The Toronto Stock Exchange 300 index fell 137.59 points during the report period March 17-23, ending the week at 6,482.33, or 2.1% lower.Resource stocks offered little help, with the gold and precious…
Campbell investigating new zone at Joe Mann mine
Drilling by Campbell Resources (CCH-T) at the Joe Mann gold mine south of Chibougamau, Que., continues to form a picture of a new mineralized zone 300-400 metres east of the existing mine shaft.The mo…
DIAMOND PAGE — De Beers, TNK part ways at Gope
Unimpressed by exploration results, De Beers Consolidated Mines (DBRS-Q) has decided to abandon the Gope diamond project in Botswana.The major recently completed a bulk-sampling program on four pipes …