NAME CHANGE (November 02, 1998)
Warner Ventures (WVL-V) has changed its name to Copper Ridge Explorations (KRX-V) on a 1-new-for-4-old-share basis.
Articles by Northern Miner Staff
CORRECTION (November 02, 1998)
Our Insider Trading report of Sept. 28 reported that Comaplex Minerals (CMF-T) had bought 10,000 shares in Cumberland Resources (CBD-T) at $1.50 to hold 1,616,400 shares.The transaction did take place…
EDITORIAL & OPINION — FACTS ‘N’ FIGURES — Gloomy year for spending
Exploration budgets for 1998 have dropped dramatically following the decade’s peak of US$5.1 billion in 1997, according to a report penned by Halifax, N.S.-based Metals Economics Group (MEG).Total exp…
EDITORIAL & OPINION — COMMENTARY/PDAC — Replacing Bill C-65
In 1996, the Prospectors and Developers Association of Canada and the Mining Association of Canada responded jointly to the Endangered Species Bill, C-65. And their objections were sufficiently strong…
MINING MARKETS & INVESTMENT NEWS — U.S. MARKETS — Modest loss for Dow
During the report period ended Oct. 27, the Dow Jones industrial average slowed its pace, having posted heavy gains in the previous week. The Dow slipped 139.81 points, or 1.6%, to close at 8,366.04.M…
San Gold drills Bissett project
Winnipeg Stock Exchange-listed San Gold Resources (SGR-W) is encouraged by results from an ongoing drill program at its Bissett area gold project in northern Manitoba.Results from recent drilling incl…
Production up at San Francisco
Geomaque Explorations (GEO-T) has boosted production by one-third at its San Francisco gold mine in Mexico’s Sonora state.During the three months ended Sept. 30, the mine churned out 17,150 oz. gold, …
EDITORIAL & OPINION — ODDS ‘N’ SODS — Paternal spring
In the spring of my first year at Central Manitoba Mines, in 1925, I took my eldest boy, Hod, out of school and into the gold camp with me. He was overgrown for his age, not yet 16, and I thought a pe…
MINING MARKETS & INVESTMENT NEWS — Caledonia looks to regain listing
Toronto-based Caledonia Mining has been dropped from the Nasdaq board for failure to keep its head above the minimum trading level of US$1.However, the company is negotiating with CIBC Wood Gundy to r…
MINING MARKETS & INVESTMENT NEWS — Glamis acquires Mar-West
Reno, Nev.-based Glamis Gold (GLG-T) has acquired Mar-West Resources.Glamis issued 7.5 million shares and paid $6.7 million cash to complete the deal. For every two shares held, stockholders of Mar-We…
THE NORTHERN MINER — SMALL PRODUCERS INDEX (October 26, 1998)
96.63 (-1.20)(Sept 30/98 = 100)…
Winspear, Aber expand Camsell Lake’s potential
The final five holes of the fall drilling program have expanded the tonnage potential of the NW Snap Lake dyke at the Camsell Lake property in the Northwest Territories.The drilling has been suspended…