TSE INDICES (October 26, 1998)
1998Oct. 20Oct. 19Oct. 16Oct. 15Oct. 14HighLowCom…
Articles by Northern Miner Staff
DIAMONDS — Platinova continues search in Greenland
Platinova (PAS-T) has wrapped up summer field work at its diamond properties in west-central Greenland.The company evaluated some 50 geochemical and geophysical targets for kimberlite-pipe potential a…
DIAMONDS — Guibord ruby counts indicate potential
Testing and mineral counts on a bulk sample from a property owned by Tandem Resources (TDM-M) in northeastern Ontario are confirming ruby mineralization in a kimberlite found there in 1996.Test work b…
Companies (October 26, 1998)
Aber ResourcesAlta GoldAltius MineralsArgentina GoldAtna ResourcesBarrick GoldBHP MineralsBolidenBuchans RiverCaledonia MiningCamecoCanaco ResourcesChesbar ResourcesComincoCopperQuestDarnley Bay Resou…
DIAMONDS — Spider Resources to test Brazilian diamond concession
A sampling program will be conducted in a historic diamond-producing region of east-central Brazil to determine whether a structure on ground held by Spider Resources (SPA-A) is the primary source.The…
DIAMONDS — Diadem finances California exploration
Diadem Resources (DIR-M) anticipates that a private placement will enable it to resume exploration at its Leek Springs diamond project in the Sierra Nevada Mountains of central California.The company …
TVX to appeal ruling giving Alpha stake in Kassandra
Alan Lenczner has done it again. The legal hero of the Lac vs. Corona decision has successfully argued breach of fiduciary duty in another mining case, wresting a 12% interest in the Kassandra gold pr…
GOLD FUNDS (October 26, 1998)
Gold Funds as of October 15, 1998BGRCentralNet Value$14.176.05Price$11.00…
William tightens belt in Europe, South America
Mid-tier gold producer William Resources (WIM-T) is implementing an operating plan designed to trim its European output and suspend South American production.At its flagship Bjorkdal open-pit mine in …
Franco-Nevada picks up 25% of Inco VBN
Somebody, at least, is prepared to invest in nickel mining in Labrador: Franco-Nevada Mining (FN-T) has purchased just over 25% of the VBN shares of nickel producer Inco (N-T).The $50-million deal giv…
LETTER TO THE EDITOR — Run for ounces leads to downfall of mines
Having been involved in one of the recent mine failures — Grouse Creek in Idaho — mentioned in the excellent article by James Whyte (“Recent history reveals trend in mine failures,” T.N.M., Sept. 28…
GREATEST VALUE TRADED (October 26, 1998)
ExchgValue($000s)HighLowCloseChangeBarrick GoldT3…