CORRECTIONS (July 27, 1998)
Fortune Minerals trades on the Toronto Stock Exchange under the symbol FT.The high grade gold zone at the Nico project grades an average of 0.09% bismuth (plus values in cobalt, copper and gold). Inco…
Articles by Northern Miner Staff
Normabec eyes Comtois
Montreal-based Normabec Mining Resources (NMB-M) has struck a deal with the Canadian subsidiary of Phelps Dodge (PD-N) to option the major’s Comtois gold property, 15 km northwest of Lebel-sur-Quvill…
Americana options property
Venezuela-based Americana Gold & Diamond Holdings (AGDM-Q) has signed a letter-of-intent to earn a controlling stake in the Santa Rosa gold project in northern Brazil.The junior can earn an 80% intere…
Low copper prices hurt Phelps Dodge
American copper producer Phelps Dodge (pd-n) reported earnings of US$40.4 million (or 69cents per share) for the second quarter, compared with US$134.8 million (US$2.16 per share) in the corresponding…
Companies (July 27, 1998)
America Mineral FieldsAmericana Gold & DiamondArizona Star ResourcesBarrick GoldBattle Mountian GoldBirim GoldfieldsBolidenBreakwater ResourcesBroken Hill ProprietyBuchans RiverCamecoCartaway Resource…
BOOK REVIEW — Study explores mining boom-and-bust cycles — Worldwide Mineral Exploration: Preparing for the Next Boom
Financial Times EnergyLondon W1P 9LL, U.K.The complex boom-and-bust cycles that characterize the international mineral exploration industry are elucidated admirably in a concise (146- page) and highly…
Meetings (July 27, 1998)
July 27 FreeportJuly 27 LeaderJuly 28 CochiseJuly 28 GoldmincoJuly 28 Int’l LoumicJuly 28 MinestarJuly 28 Windy MountainJuly 29 BMR GoldJuly 29 Cons. Sarabat GoldJuly 29 FairstarJuly 29 GabrielJuly 29…
Falco cuts ribbon on Raglan
The official opening of the Raglan mine on the Ungava Peninsula, coming some 40 years after the discovery of the area’s nickel deposits, was nothing if not a celebration of persistence. And that mine …
St. Jude outlines Father Brown zone
Junior St. Jude Resources (SJD-V) continues to outline gold mineralization at the Father Brown zone, the primary drill target on the Hwini-Butre concession in Ghana, West Africa.The company holds an o…
MINING MARKETS AND INVESTMENT NEWS — Investment Commentary — Analyst sees upside for Quebec-based McWatters Mining
Operating narrow-vein, underground gold mines in Canada requires technical skill and financial staying power, particularly in times of low gold prices.Though relatively new to the game, McWatters Mini…
Platinova reports discovery
Toronto-based Platinova (PAS-T) has discovered what it calls an extensive zone of zinc-lead-silver mineralization on the Washington Land property in northwestern Greenland.Surface grab samples have re…
Index (July 27, 1998)
CareersClassifiedDiamondsDrillersEditorialGuest ColumnInsider TradingInvestment CommentaryLetters to the EditorMetal PricesMining Markets andInvestment NewsOdds ‘n’ SodsProfessional DirectoryQueryStoc…