Rio Tinto cuts copper in Peru
A hole drilled on the Aguila concession in north-central Peru has intersected 400 metres of mineralization grading 0.63% copper and 0.04% molybdenum, as well as 0.04 gram gold and 1.9 grams silver per…
Articles by Northern Miner Staff
MINING MARKETS & INVESTMENT NEWS – INSIDER TRADING — Diadem execs nab options
Insider trading transactions recently reported in the OSC Bulletin, published by the Ontario Securities Commission, include the following:Diadem Resources (DIR-M) — Michael Bird, officer, was granted…
MINING MARKETS & INVESTMENT NEWS – EASTERN MARKETS — TSE cushioned by merger mania, producers take cover
Gold producers, base-metal companies edge downward in lacklustre week The Toronto Stock Exchange 300 index fell 113.13 points during the report period Nov. 25-Dec. 1, ending the week at 6,457.14. Trad…
Etruscan on track at Samira
Shareholders of Etruscan Resources (EET-T) continue to receive heartening news from a feasibility study at the Samira gold project in Niger.Infill drilling continues to intersect long intervals of gol…
Teck eyes Moosehead
In hopes of finding an epithermal gold deposit in the midst of what is now road-accessible moose pasture, Teck (TEK-T) has signed an option agreement to earn up to a 60% interest in the Moosehead prop…
Companies (December 07, 1998)
Adrian ResourcesAgnico-Eagle MinesAltius MineralsAnglo AmericaAsarcoAshanti GoldfieldsAsia MineralsAtna ResourcesAur ResourcesAurizon MinesAzimut ExplorationBig Star EnergyBlack Hawk Minin…
MINING MARKET & INVESTMENT NEWS – INSIDER TRADING — Agnico-Eagle execs come alive
According to insider trading transactions reported by the Ontario Securities Commission in its OGS Bulletin, eight executives of Agnico-Eagle Mines (AGE-T) purchasing shares in that company in October…
EXPLORATION – GeoNova, Inmet revise Chevrier deal
GeoNova Explorations (GNE-M) and Inmet Mining (IMN-T) have reworked a 1995 agreement which provided the former with an option to acquire the latter’s Chevrier gold project near Chibougamau, Que.Under …
SPOT PRICES (November 30, 1998)
Wednesday November 25, 1998Price (US)Week’s ChangeGold*$296.20+$1.80Silver*$ 4.92…
Cameco cuts back production
In response to persistently low uranium prices, Cameco (CCO-T) plans to reduce uranium production from the Key Lake and Rabbit Lake operations in Saskatchewan.At the same time, uranium conversion serv…
EXPLORATION – Dianor picks up more ground
Dianor Resources (DOR-M) has acquired four mining properties and an exploration permit in the James Bay area of Quebec from privately held Ressources Aurter.The five areas, totalling 7,460 ha, were ac…
MINING MARKETS & INVESTMENT NEWS – WESTERN MARKETS — Argentina heats up as Labrador’s juniors languish
The Vancouver Stock Exchange composite index slipped below the 400 mark, losing 11.27 points to finish the report period ended Nov. 24 at 389.76. The mining index followed suit, dropping 2.1 points to…