Articles by Northern Miner Staff


Manalta votes in favor of improved bid

The battle for Manalta Coal appears to be winding down following the company’s recommendation that unit-holders accept a revised bid from rival Luscar Coal.Under advisement from RBC Dominion Securitie…







Akrokeri posts quarterly profit

Despite poor gold prices, Akrokeri Ashanti Gold Mines (aagm-c) reported a slight profit for the second quarter of 1998.The company posted earnings of US$87,271 (or 0.2 cents per share) on revenue of U…


Gran Colombia drops deal

Ongoing turmoil in the Russian economy has prompted Gran Colombia Resources (GRM-T) to defer plans to acquire an 80% interest in the Pokrovskoye gold project in the Amur Oblast region.The junior compa…


Ashanti plans friendly takeover of Samax Gold

Though no formal offer has been made, Ashanti Goldfields (ASL-N) says it intends to acquire London-based Samax Gold (SMX-T) as a means of augmenting its existing holdings in Tanzania.Ashanti plans to …




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