Samax reports gold find in Congo
Samax Gold (SMX-T) has intersected what it describes as significant gold mineralization at its 85%-owned Mougongo prospect in Congo.Drill hole 4 cut 28.5 metres grading 3.7 grams of the yellow metal (…
Articles by Northern Miner Staff
Poplar buys into South African diamond projects
Vancouver-based Poplar Resources (PPX-V) has branched into South Africa by acquiring a 45% interest in Savannah Diamondfields, the main assests of which are the Aardvark and Barkly West diamond projec…
Golden Goose sees heap-leach potential at Magino
The past-producing Magino gold mine near Wawa, Ont., has the potential to become an economic heap-leach operation, says Irwin Miller, president of Golden Goose Resources (GGR-T).But Miller’s opinion i…
Birim’s Dunkwa extended at depth
Drilling by Battle Mountain Gold (BMG-T) at the Dunkwa property in Ghana has extended the Mampon gold deposit at depth.Battle Mountain, the operator, is acquiring a 65% interest in the project from Bi…
Taylor yields more gold for St Andrew
Results from infill and stepout drilling at the Taylor gold property in the Matheson area of northeastern Ontario continue to impress St Andrew Goldfields (SAS-T).Nineteen holes were recently drilled …
Tender postponed for Russian gold mine — Placer Dome, Barrick among companies expressing interest
The proposed tender for the Sukhoi Log gold deposit in northwestern Russia has been postponed until 1999 to allow foreign companies an opportunity to evaluate the project.The regional government of Ir…
LETTERS TO THE EDITOR — Bishop criticism unfair
The attack on [Gold Mining Stock Report Editor] Bob Bishop published in your letters column (June 29-July 5/98), was grossly unfair and without basis.Of course, Bishop is an easy target since his reco…
EDITORIAL — Encouraging self-sufficiency — The Lands for Life balancing act
Governments often give with one hand, and take away with another. And that’s what worries some people living in northern Ontario as they wait for the province’s natural resources minister, John Snobol…
INSIDER TRADING — Dia Met and Fancamp directors sell shares
The Ontario Securities Commission Bulletin shows that the following trades occurred in May and June:* Breakwater Resources (BWR-T) — Norman Bengough, director or officer of an affiliate or subsidiary…
MOST ACTIVE ISSUES, July 15-21
Exchg Vol(000s)CloseCasmyn Corp*Q198910.02Barrick GoldT672127.25Placer DomeT613916.60Meridian GoldT4935 7.00Homestake Mg *N459810.94Carmanah ResT44851.53Newmont Mng *N395822.81…
GOLD FUNDS (July 27, 1998)
Gold Funds as of July 16, 1998BGRCentralNet Value$14.22$6.06Price$10.45$5…
TORONTO STOCK EXCHANGE INDICES (July 27, 1998)
1998 –July 21July 20July 17July 16July 15HighLow…