Agnico-Eagle keeps Laronde expansion on track
Agnico-Eagle Mines (AGE-T) is continuing to push ahead with its expansion of the Laronde division, a development that will slash costs and boost gold production once the project hits its stride in the…
Articles by Northern Miner Staff
TORONTO STOCK EXCHANGE INDICES (May 25, 1998)
1998May 19May 18May 15May 14May 13HighLowComposit…
Royal Oak gains consent of US bondholders to draw down loan
With only $63,000 in cash at the end of the first quarter and a working capital deficit of $105 million, Royal Oak Mines (RYO-T) has finally reached agreement with the majority of its subordinated bon…
GOLD AND PRECIOUS METALS — Banro resumes drilling at Twangiza in Congo
Having replenished its treasury with the proceeds of a warrant offering, Banro Resource (bnrs-c) is embarking on a second phase of diamond drilling at its Twangiza gold project in the Democratic Repub…
EDITORIAL — Training and technology not dirty words — Intellectual elitism
Bill Graham, president of the Canadian Association of University Teachers (CAUT), believes students are humanized by understanding philosophy, ancient history, or paintings on ancient Greek vases. Unf…
Query — No luck for Lucky Break Gold
I am seeking information about a penny stock, Lucky Break Gold, which was suspended from trading on the Vancouver Stock Exchange on Dec. 19, 1997. I have been trying in the past month to get answers f…
GOLD AND PRECIOUS METALS — Pacific Rim and Barrick continue drilling at Diablillos
Three of six holes put down by Pacific Rim Mining (PFG-T) near the margin of the Oculto deposit, on the Diablillos property in northwestern Argentina, have intersected narrow zones of mineralization.T…
DIAMOND NEWS ROUNDUP — Diamond News Roundup — Trans Hex teams with Verena
Toronto-based Trans Hex International (thi-t) has acquired the right to a half-interest in the Rio Grande diamond project in the Brazilian state of Minas Gerais.To earn its interest, the company must …
GOLD AND PRECIOUS METAlS — Link to drill in Mexico
A successful soil sampling campaign at its Lupita project, in Mexico’s Jalisco state, has prompted Link Mineral Ventures (LMVL-C) to undertake a drill program.Soil samples were collected from the uppe…
GOLD AND PRECIOUS METALS — Gold companies merge for growth, or survival — Majors, mid-tier producers and juniors take part in merger mania
From the largest South African producers to juniors with small mines, gold companies are joining forces in an attempt to weather a prolonged slump in prices that has already taken its toll on a number…
GOLD AND PRECIOUS METALS — Wheaton River posts loss for 1997
Wheaton River Minerals (WRM-T) has reported a net loss of $1.6 million (or 4cents per share) for the year ended Dec. 31, 1997, compared with a net loss of $4.2 million (13cents per share) in 1996.The …
GOLD AND PRECIOUS METALS — Conquistador hunts for Colombian PGMs
Junior Conquistador Mines (CQL-V) is spinning off a subsidiary to acquire and explore for platinum group metals (PGMs) in Colombia.To date, the only Conquistador property in Colombia to have yielded p…