Foran funds drilling in Saskatchewan
To fund further drilling of its McIlvenna Bay polymetallic property in Saskatchewan, Foran Mining (FOM-V) intends to raise $1.7 million through a private placement.The junior will issue 2.8 million un…
Articles by Northern Miner Staff
TVI farms out Rapu Rapu
A group of companies controlled by Lafayette Mining, a publicly traded Australian company, has signed a joint-venture agreement with TVI Pacific (TVI-T) to acquire a 75% stake in the Rapu Rapu preciou…
EDITORIAL & OPINION — FACTS ‘N’ FIGURES — Output up for Nevada gold
Nevada mined 7.8 million oz. gold in 1997, which is 75% of all gold produced in the U.S. and nearly 10% of world production.Gold production in Nevada makes the U.S. the second leading gold producer in…
MINING MARKETS & INVESTMENT NEWS – U.S. MARKETS — Dow shakes off downward trend
After five straight days of losses, the Dow Jones industrial average turned things around with a gain of 126 points on Dec. 15, the last day of our report period. However, the average was still off 20…
Index (December 21, 1998)
Jan. 20 Canadian Mining Hall of Fame — “11th Annual Induction Banquet.” Royal York Hotel, Toronto. Contact Christine Giovis. Tel: (416) 510-6843. Fax: (416) 442-2181.Jan. 20-21 McGill University (Dep…
La Camorra mine making long climb back
Less than a year ago, the La Camorra gold mine in eastern Venezuela looked like an expensive hobby.Operating losses and poor production at the mine had left operator Monarch Resources (MRE-T) with lit…
Skyline to extend Snip on to Bronson Slope
Junior International Skyline Gold (SK-V) and Homestake Canada, a wholly owned subsidiary of San Francisco-based Homestake Mining (HM-N), have inked a deal on the exploration and possible mining of a p…
Pacific Rim boosts resource
The size of the Oculto silver-gold deposit in northwestern Argentina has expanded, reports Pacific Rim Mining (PFG-T).Reno, Nev.-based Mine Development Associates estimates that the deposit contains a…
INSIDER TRADING — Royal insiders buy shares
Recent filings with the U.S. Securities and Exchange Commission show that four executives of Royal Gold (RGLD-Q) picked up shares in September and October.Odin Howell, director, exercised 2,500 option…
Careers (December 21, 1998)
Located on the Northeast Coast of New Brunswick, Noranda Inc., Brunswick Mine, a world leader in the production of zinc, lead, copper and bulk concentrates, has challenging career opportunities availa…
Meetings (December 21, 1998)
Dec. 22, BarrierDec. 22, Cons. RamblerDec. 22, First MaritimeDec. 22, Key AnaconDec. 22, Northern CanadaDec. 22, RIS Res.Dec. 22, SheffieldDec. 23, ArkonaDec. 23, AuriginorDec. 23, Int’l All NorthDec….
Another setback for Inuvialuit
The Canadian Senate has voted 40 to 35 against any further consideration of efforts by an aboriginal group to amend the boundaries of a proposed park covering ground believed to be prospective for nic…