DIAMOND PAGE — Anzex sets sights on New Zealand
New kid on the block Anzex Resources (AZX-V) is searching for platinum and gold in New Zealand.With the gradual decline in production and supply of platinum and palladium and the resultant price jump …
Articles by Northern Miner Staff
TORONTO STOCK EXCHANGE INDICES (May 04, 1998)
1998Apr. 28Apr. 27Apr. 24Apr. 23Apr. 22HighLowCom…
Behre Dolbear provides push for Atlanta mine
Denver-based consulting firm Behre Dolbear & Co. will help Twin Gold (TWG-T) advance the Atlanta gold mine to the production stage.The mine, a former producer situated near Boise, in southwestern Idah…
Birim reports hot hole
Junior Birim Goldfields (BGI-T) is encouraged by the results of the first of eight holes being drilled on the Mampon gold prospect, situated on the Dunkwa property in Ghana.Hole BMD-15 intersected 16….
Coeur lands permit for Kensington mine
Coeur d’Alene Mines (CDE-N) has cleared another hurdle in the development of the Kensington gold project with the receipt of an important discharge permit from the U.S. Environmental Protection Agency…
CORRECTION —
In our April 13-19 issue, we reported that Rayrock Yellowknife Resources (RAY-T) had bid to acquire the remaining shares of Minera Rayrock (MRN-T) for US30cents per share, and that Rayrock had sold it…
Greenland zinc lures Platinova
Toronto-based Platinova (PAS-T) has been granted the exploration rights to a parcel of land in northwestern Greenland.The property hosts a zinc showing that was outlined by Greenland government geolog…
Insular busy in Mexico
Insular Explorations (ISX-V) has signed a deal with Blackstone Resources (BZZ-A) to earn a 70% interest in that company’s El Diamante gold project in Chihuahua state, Mexico.In order to earn an initia…
Gold price erodes Inter-Rock profits
For Inter-Rock Gold (IRO-T), low gold prices translated into a loss of $1.8 million (or 11cents per share) for 1997.Revenue for the year amounted to $6.3 million, which was entirely derived from the s…
Eskay gold-silver grades keep Prime in the money
British Columbia gold producer Prime Resources Group (PRU-T) has bucked the industry trend and posted a profit for the first quarter.With record production of 164,860 oz. gold-equivalent, Prime earned…
Nebex drills Munelle
Calgary-based Nebex Resources (NBX-T) is encouraged by results from the first hole drilled on its Munelle polymetallic deposit in north-central Albania.Late last year, the company received government …
Eden Roc in red, but optimistic
Record gold production and higher revenues were not enough to keep Eden Roc Mineral (EDN-T) out of the red in 1997.For the year ended Dec. 31, the Toronto-based company lost $15.4 million on revenue o…