Homestake sweetens deal for Prime Resources
Homestake Mining (HM-N) has upped the ante for the remaining 49.6% of Prime Resources (PRU-T).According to an agreement reached by the board of directors of each company, Homestake will grant Prime’s …
Articles by Northern Miner Staff
Barrick options Rossi property in Carlin trend
In an effort to expand its holdings in Nevada’s Carlin trend, Barrick Gold (ABX-T) has entered a joint-venture agreement to explore the Rossi gold property, held by Meridian Resources (MNG-T).Barrick …
Tri Origin inks two deals
One new agreement and modification to an existing one are allowing Tri Origin Exploration (TOE-T) to explore for gold and base metals in Australia and central Nevada.In the Cobar region of New South W…
Native-mining relationship to be explored
The Canadian Aboriginal Minerals Association will host a conference on the relationship between native Canadians and resource companies, to be held Nov. 15-17 at the Delta Bessborough Hotel is Saskato…
Sahelian picks up Larafella-Balago
A letter-of-intent agreement is paving the way for Sahelian Goldfields (SHGI-C) to acquire the Larafella-Balago gold property in Burkina Faso from Gold Fields of South Africa.The agreement, which is e…
MINING MARKET & INVESTMENT NEWS — Life after near-death for Bro-X Minerals
Moribund Bro-X Minerals has agreed to merge with MacDonald Oil Exploration (MACO-C), subject to necessary approvals.The merger proposal calls for MacDonald Oil shareholders to receive one share and on…
EDITORIAL & OPINION — GUEST COLUMN — Mining must sing own praises
As director of external liaison for the Lassonde Mineral Engineering Program at the University of Toronto, one of my primary tasks is to recruit top high school graduates from Canada and around the wo…
MINING MARKET & INVESTMENT NEWS — U.S. MARKETS — Wall Street on rocky road
After a rocky report period (Sept. 9-15), the Dow Jones industrial average ended fractionally higher. The average dived during the first half of the period, losing several hundred points, only to reco…
MINING MARKET & INVESTMENT NEWS — QUERY — No news is bad news for holder of de-listed shares
It would help if you could tell me what has happened to the following companies: Greater Laurier Uranium Mines (formerly Mont Laurier Uranium Mines), Newfields Minerals (which, at one point, was to be…
METAL PRICES (September 21, 1998)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateSept. 15Sept. 14Sept. 11Sept…
MINING MARKET & INVESTMENT NEWS — WESTERN MARKETS — VSE edges down; combined value ASE gains
The Vancouver Stock Exchange composite index edged down 1.34 points, or 0.3%, to finish the Sept. 9-15 period at 407.05. The mining index lost 4.67 points, or 1.6%, to close at 281.85.The combined val…
MINING MARKET & INVESTMENT NEWS — EASTERN MARKETS — TSE falls while resource markets mixed
The Toronto Stock Exchange experienced a broad trading range over the Sept. 9-15 report period, with the 300 index shedding 120.01 points to end at 5,857.04.Resource stocks were mixed, with the gold a…