NEWS ROUNDUP — High North bails out of Labrador
High North Resources (HNRI-C) has dropped its option to earn from Ungava Minerals (UNGV-C) a 50% interest in a 650-sq.-km copper-nickel property in northern Quebec.High North cites poor metals markets…
Articles by Northern Miner Staff
MINING MARKETS & INVESTMENT NEWS — INSIDER TRADING — Homestake’s largest investor boosts holdings
German investor August von Finck has increased his ownership in Homestake Mining (HM-N) by purchasing 8.7 million shares at US$10.21-11.21 per share.The acquisition boosts von Finck’s holdings to 30 m…
MINING MARKETS & INVESTMENT NEWS — Former New Senator seeks ‘prairie gold’
I am seeking assistance in locating a very small mining company that operated in Quebec, Ontario, New Brunswick, Nova Scotia and Alberta in the mid-to-late 1960s. My father passed away in 1968, but ju…
Companies (October 05, 1998)
Aber ResourcesAfrican GemstonesAlberta EnergyAllican ResourcesAmerican CopperAmeridex MineralsApex Silver MinesArchangel DiamondAriel ResourcesAsarcoAshton Mining of CanadaAsia SapphiresAt…
Timmins camp bustling with exploration activity
Commodity prices may be down, but encouraging exploration results are giving cheer to several juniors exploring in the Timmins region of northern Ontario.At the Half Moon Lake project, Prospectors All…
Hart grabs NWT showings
Preliminary exploration by Golden Hart Exploration (GHXX-C) has uncovered polymetallic showings in iron formation at the Whitehills Lake property in the Northwest Territories.Two of five grab samples …
EDITORIAL & OPINION — GEOLOGY 101 — Sedex massive sulphide deposits, Part 2
Sedementary exhalative deposits grade between 4% and 30% combined lead and zinc, with tonnages of up to 200 million tonnes. The giant deposits at Sullivan, in British Columbia, contained 170 million t…
TSE INDICIES
1998Sept. 29Sept. 28Sept. 25Sept. 24Sept. 23HighLow…
Pelangio takes over Detour Lake properties
As mining winds down at Detour Lake, 200 km north of Timmins, Ont., Pelangio-Larder Mines (PLLM-C) has moved to assemble the dominant land position in the area by buying up the Placer Dome (PDG-T) pro…
Atlas bears financial burden
Atlas (ATSP-O) has filed for bankruptcy protection, but will continue producing lead, zinc and silver at its Andacaba mine in southwestern Bolivia.Meanwhile, the company hopes to sell its 61% holding …
NEWS ROUNDUP — Leader, Ariel go separate ways
Juniors Leader Mining (LMN-A) and Ariel Resources (AU-T) have scrapped plans to merge.The companies, which in May signed a letter-of-intent to amalgamate, blame poor markets for their decision to forg…
NEWS ROUNDUP — Camnor, La Teko deal gets nod
Regulators have approved a deal for Camnor Resources (CMB-V) to earn a 51% interest in the 3,000-acre Discovery Gulch property of La Teko Resources (LAO-V) in Alaska.For its interest, Camnor must spen…