Minroc aims to revive Cassiar project
With the results of an independent engineering study in hand, Minroc Mines (MN-T) is arranging financing to bring its chrysotile asbestos fibre project into commercial production by the second quarter…
Articles by Northern Miner Staff
NAME CHANGE (December 07, 1998)
Dobrana Resources (DBR-V) has changed its name to Big Star Energy(BBA-V) on a 1-new-for-5-old-share basis.
Noveder grabs Micmac gold property
A letter-of-intent agreement paves the way for Noveder (NED-M) to earn a full interest in the Micmac gold property in northern Newfoundland.The Quebec-based junior will pay private vendors $25,000 in …
Geomaque gets green light for mine
An independent study on the Vueltas del Rio gold deposit in northwestern Honduras has determined the project’s feasibility at a gold price of US$300 per oz.Reno, Nev.-based Kappes Cassiday & Associate…
Software can affect geostats
One serious problem in the use of geostatistics to estimate reserves and not mentioned in the correspondence you have published on this topic arises when there is a mistake in the computer program.In …
THE NORTHERN MINER – SMALL PRODUCERS INDEX
90.15 (-5.39)(Sept. 30/98 = 100)…
MOST ACTIVE ISSUES (December 07, 1998)
ExchgVol (000s)HighLowCloseChangePlacer DomeT8439…
SETTING NEW STANDARDS — The CIM definitions
The Canadian Institute of Mining, Metallurgy & Petroleum (CIM) is considering modifications to its classification system for defining the various categories of reserves and resources.The modifications…
SETTING NEW STANDARDS — Strict national disclosure rules envisioned
“Management is pleased to report drilling at the Golden Glow prospect has intersected minable widths of gold-bearing mineralization.”National Instrument 43-101 and its Companion Policy propose to put …
Verena Minerals, Ouro Brasil sign deal
A joint venture between Verena Minerals (VMCO-C) and Ouro Brasil (OOB-V) sets the stage for ongoing exploration of the Conceicao do Norte property, 500 km north-northeast of Brasilia, Brazil.Verena ha…
MINING MARKETS & INVESTMENT NEWS – WESTERN MARKETS — Diamonds, Argentine gold stir investors over flat week — Diamond explorers, juniors with ground in Argentina attract investor attention
The Vancouver Stock Exchange composite index edged up 3.3 points to close the report period ended Dec. 1 at 393.08. The mining index remained steady at 290.89, gaining only a hundredth of a point from…
Asia expands Copperstone
Drilling on the Copperstone property in Arizona has extended the high-grade Northwest zone, reports Asia Minerals (AMP-A).The Vancouver-based junior, which has a 25% interest in the project and the op…