Lytton-New Indigo merger plan grinds to halt
The proposed merger of Lytton Minerals (LTL-T) and sister company New Indigo Resources (BDR-A) has been derailed following recent disclosures of the ownership of voting shares.The merger was to have b…
Articles by Northern Miner Staff
Prime committee retains advisor
The special committee of independent directors of Prime Resources Group (PUG-T), established to consider Homestake Mining’s (HM-N) bid for the 49.4% of Prime it doesn’t already own, has retained the s…
Extender told to foot VenCan’s legal bill
An Ontario court has ordered privately held Extender Minerals of Canada to cover $195,000 in legal costs incurred by VenCan Gold (VCG-M) following the dismissal of Extender’s allegation that VenCan wr…
Meetings (July 13, 1998)
July 13, Gold-OreJuly 13, Interstar .July 13, NTI ResourcesJuly 13, StarrexJuly 14, Bralorne-PioneerJuly 14, DonnerJuly 14, FleckJuly 14, ForanJuly 15, NorthwayJuly 15, TapangoJuly 16, AthloneJuly 16,…
Zemex revises Inmet offer
Backed by an unnamed shareholder, Zemex (ZMX-N) has demanded a special meeting of shareholders to consider a revised bid for Inmet Mining (IMN-T).Zemex’s new proposal to Inmet’s shareholders includes …
Virginia begins active summer
As part of a $6-million 1998 exploration campaign, at Virginia Gold Mines (VIA-M) has initiated summer field work at myriad prospects throughout the province of Quebec.In the James Bay region, crews h…
AMF ventures into Finland
America Mineral Fields (AMZ-T) has won the right to explore for diamonds in a highly prospective region of Finland.The Finnish goverment announced that the Dallas, Tex.-based company is entitled to ca…
Antares focuses on Creek zone at Toodoggone
Results from the first phase of this year’s drill program at the Toodoggone gold property in north-central British Columbia are being greeted with enthusiasm by Antares Mining & Exploration (ANZ-T).Th…
Index (July 13, 1998)
CareersClassifiedCommentaryDiamond PageDrillersEditorialInsider TradingInvestment CommentaryLetters to the EditorMetal PricesMining Markets and Investment NewsNew HorizonsObituaryProfessional Director…
Thunderwood, Joutel propose merger
Thunderwood Resources (THS-T) and Joutel Resources (JTL-T) have agreed in principle to merge their assets.The proposed deal would see shareholders of each company receive one share of the merged compa…
NEW HORIZONS — Silver and DNA
Israeli physicists are developing a technique that allows DNA molecules to build electronic circuits, and are using extremely thin silver wires as bridges between the molecules.If the technique is per…
Trillion restructures debt on Ndarama
Kanata, Ont.-based Trillion Resources (TLG-T) has restructured its debt load regarding the purchase of the Ndarama gold mine in Zimbabwe.Trillion has entered into an agreement-in-principle for a US$6….