Borneo Gold completes drill phase in Indonesia
Toronto-based Borneo Gold (BNO-V) has intersected two styles of gold occurrence during an initial phase of drilling on the Bunut epithermal project in West Kalimantan, Indonesia.Gold mineralization oc…
Articles by Northern Miner Staff
GOLD FUNDS (October 19, 1998)
Gold Funds as of October 8, 1998BGRCentralNet Value$14.606.25Price$11.80$…
LME WHSE LEVELS (October 19, 1998)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Oct. 13/98 (change from Oct. 6 in brackets):MetalStocks (tonnes)Change…
Atna drops Palmer base metal project
Atna Resources (ATN-T) has elected to back away from the Palmer base metal project in southeastern Alaska.The project was a joint venture with Rubicon Minerals (RMX-V). The two companies recently comp…
EDITORIAL & OPINION — GUEST COLUMN — A closer look at mining
Last month, I participated in the Mine Tour Program for Members of Parliament, organized by Mining Works for Canada. Through the program, I travelled to Timmins and spent an entire day touring the und…
Kennecott drilling confirms Legend kimberlite
Kennecott Canada has confirmed that the Phoenix discovery on the Legend property in northeastern Alberta is indeed kimberlite.Kennecott, a division of London-based Rio Tinto (RTP-N), made the find whi…
INDUSTRIAL MINERALS — Zemex pushes out stock dividend
Industrial minerals producer Zemex (ZMX-N) has declared a stock dividend.Shareholders of record on Oct. 19 will receive one additional share for every 50 shares held, payable on Nov. 2. Zemex has abou…
Zinc core delineated at Caber
Partners Southern Africa Minerals (SAF-T) and Noranda (NOR-T) have outlined a core of high-grade zinc mineralization in the Caber deposit, 25 km west of the Matagami mining camp in northern Quebec.Twe…
PEOPLE — Formation Capital (October 19, 1998)
Paul Saxton appointed director.
SUPPLIERS NEWS ROUNDUP — Dolbear expands Canadian presence
Denver-based mining consulting firm Behre Dolbear has opened an office in Vancouver, its second in Canada.James Currie, former president of Cornucopia Resources, was appointed vice-president in charge…
MINING MARKETS & INVESTMENT NEWS — INVESTMENT COMMENTARY — A defensive strategy for accumulation
Bargain-hunting in the junior exploration business during hard times has proved to be a durable strategy for speculative investors. That the time appears to be right for this strategy, with many junio…
Solitario finds partners for Peruvian projects
Solitario Resource (SLR-T) has secured partners for two of its properties in northern Peru.Placer Dome (PDG-T) can earn a 60% interest in the 620 sq. km. Yanacocha copper-gold project by spending US$4…