Grayd ready to drill in Alaska
Grayd Resource (GYD-V) has arranged a non-brokered private placement of 1.03 million units at $1.50 each, for proceeds of $1.5 million.Each unit will consist of one common share and one-half of a non-…
Articles by Northern Miner Staff
Pan American finds silver lining
Having recently acquired the past-producing La Colorada silver operation in Mexico’s Zacatecas state and a 70% interest in the world-class Dukat silver deposit in Russia’s Far East, Pan American Silve…
CORRECTION (June 01, 1998)
Contrary to information that appeared in our May 25-31 issue, the Indonesian state-owned mining company Aneka Tambang does not hold an interest in the Jampang gold project of Mispec Resources (MPE-M)….
New association to fight for land rights
Beginning with land-use planning in Ontario and then reaching out across the continent, the fledgling North American Mining Association (NAMA) has set out to co-ordinate the advocacy efforts of all se…
Index (June 01, 1998)
CareersClassifiedDiamond PageDividendsDrillersEditorialGeology 101Investment CommentaryLetter to the EditorMetal PricesMining Markets and Investment NewsNew HorizonsProfessional DirectoryQueryStock Ma…
MINING MARKETS & INVESTMENT NEWS – INVESTMENT COMMENTARY — Yorkton initiates coverage of Millstream
The deep drilling program at Millstream Mines’ (MLSM-C) Potter mine represents “one of the most promising current base metal exploration projects in Canada,” writes John Kallaway, mining analyst for Y…
MOST ACTIVE ISSUES, May 20-26
ExchgVol(000s)HighLowCloseChangeInmet MiningT2138…
Lew drill holes return mixed results
Two follow-up drill holes by Thunderwood Resources (THS-T) and Consolidated Abitibi Resources (CAQ-M) at their Lew polymetallic property in the Flin Flon-Snow Lake volcanic belt in Manitoba have retur…
MINING MARKETS & INVESTMENT NEWS – EASTERN MARKETS — TSE coasts as metal miners fall on weakened prices
The Toronto Stock Exchange 300 index lost 36.42 points over the May 20-26 report period, finishing the week at 7,625.96.The big news of the period was gold’s plunge to US$292.60 per oz. on the morning…
Mar-West weighs scoping study for San Martin
A $2-million exploration and development program is well under way on the San Martin hot spring deposit in Honduras, Mar-West Resources (MSR-V) reports.The program, designed to advance San Martin to t…
LME Warehouse Levels (May 25, 1998)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at May 11/98 (change from May 1 in brackets):MetalStock(tonnes)ChangeAluminium536700(-59225)Copper272150(-10650)Lead107325(+97…
MOST ACTIVE ISSUES, May 13-19
ExchgVolume(000’s)CloseBarrick GoldT515930.75Cypress Mnrls…