NAME CHANGE (October 19, 1998)
Morocco Explorations (MOQ-V) has changed its name to Mask Resources (MAS-V) on a 1-new-for-3-old-share basis.
Articles by Northern Miner Staff
Regal buys into Maritime gold project
Toronto-based Regal Goldfields (REGL-C) can earn a 75.5% interest in the Touquoy gold project 60 km northeast of Halifax.Work to date by project vendor Moose River Resources has defined an indicated r…
EDITORIAL & OPINION — ODDS ‘N’ SODS — Getting the shaft in Winnipeg
In mid-November of 1926 at the Central Manitoba Mines’ gold operation, the main shaft of our hoist broke, and the ensuing tale illustrates the difficulties of working in the remote bush before the day…
MINING MARKETS & INVESTMENT NEWS — Cameco floats p-shares on U.S. market
Cameco (CCO-T) has sold a US$125-million block of preferred shares in an offering to U.S. investors.Each preferred share represents a principal amount of US$25 in junior subordinated debentures, which…
Chelyabinsk tries to revive sluggish exploration sector
The government of Chelyabinsk, a territory in the Ural Mountains of Russia, has pledged US$600 million over the next seven years to kick-start the region’s base metal mining industry.Under the plan, w…
INDUSTRIAL MINERALS — Granigroupe ready to sell holdings to Pender Capital — Quebec operations join B.C. quarries
Privately held Granigroupe has reached a preliminary agreement with Pender Capital (PNL-A) to sell its industrial-minerals holdings, including 15 building-stone quarries.Quebec-based Granigroupe, whic…
Andacollo tops 25,000 oz.
The Andacollo gold mine in central Chile produced a record 25,076 oz. at a cash operating cost of US$226 per oz. for the quarter ended Sept. 30, reports Dayton Mining (DAY-T).”The management of Dayton…
Ventures buys Alaskan time
Junior Ventures Resource (VRS-V) has re-secured the right to explore 3 million acres of central Alaska.The company negotiated a 2-year extension to its land holdings with the Alaska native corporation…
New mine plan cuts Gold Reserve’s costs at Las Brisas
By modifying its mine plan, Spokane Wash.-based Gold Reserve (GLR-T) has reduced estimated cash operating costs by as much as 24% at the proposed Las Brisas copper-gold producer in southeastern Venezu…
EDITORIAL & OPINION — Irrational exuberance gives way to gloom — Is this the bottom?
The morality plays of the Middle Ages used a stock cast of characters who personified the virtues and vices that tug the sleeves of the ordinary person. They generally ended with a cameo appearance by…
PEOPLE — Western Pinnacle
Ilya Rosenblum appointed president and director.
Prime hits silver at Corey
Prime Resources Group (PRU-T) has encountered a narrow interval of high-grade silver mineralization at the Corey property, held by Kenrich Mining (KRC-V) in northeastern British Columbia.The hole, whi…