TSE Short Positions (April 13, 1998)
Short positions outstanding at March 31, 1998Larger individual positions include:Abitibi-Consolidated 737,173, down 1,036,079; Barrick Gold 14,765,318, up 565,339; Battle Mountain Canada 2,446,763, up…
Articles by Northern Miner Staff
SPOT PRICES (April 13, 1998)
Wednesday, April 8, 1998Price (US)Week’s ChangeGold*$309.75+ $8.15Silver*$ 6.46…
Valerie hits anomalous mineralization at Mamatla
Valerie Gold Resources (VLG-V) reports that recent drilling on a promising soil geochemical gold-silver anomaly at the Mamatla concession in south-central Mexico returned anomalous mineralization.Unde…
ECU warms up at Velardena
As part of its preproduction phase, ECU Gold Mining (ECU-M) has begun processing ore at its Velardena gold and silver mine in Mexico.The mill is treating an average of 380 tons per day by direct cyani…
Santa Fe returns to Springpole
Santa Fe Canadian Mining, a subsidiary of Newmont Gold (NGC-N) has climbed back aboard the Springpole gold project of Gold Canyon Resources (GCU-V) after having dropped its original option in 1996.San…
Runoff curtails Kidd production
Faced with an influx of runoff water from the surface, the Kidd mining division of Falconbridge (FL-T) has shut down operations below the 2,800-ft.level of the mine complex near Timmins, Ont.The shutd…
Northair targets Venturina for bulk-tonnage potential (April 13, 1998)
A first phase of exploration has begun on the Venturina property in Mexico’s Chihuahua state.A wholly owned Mexican subsidiary of International Northair Mines (INM-V) can acquire a 100% interest in th…
Verena picks up more ground
Verena Minerals (VMCO-C) has signed a deal with Ouro Brasil (OOB-V) to boost its interest in a 36,000-ha gold exploration property in Brazil.In order to increase its interest in the Conceicao de Norte…
Hebron picks up gold properties
Just months after Mazarin Mining (MAZ-T) announced that it would shift its focus back to industrial minerals, the company has found a buyer for its gold properties in Hebron Fjord Resources (HEF-M).In…
THI buys into Angolan project
Trans Hex International (THI-T) is acquiring a 37.5% interest in three diamond properties in northern Angola.The terms of the agreement call for Trans Hex to acquire 75% of the half-interest currently…
Index (April 13, 1998)
CareersClassifiedCommentaryDiamond PageDividendsDrillersEditorialInsider TradingMetal PricesOdds’n’SodSPeopleProfessional DirectoryStock MarketSubscription Services…
Partners set to bring drills back to South Voisey’s Bay
Northern Abitibi (NAI-V), Donner Minerals (DML-V) and Teck (TEK-T) are gearing up for the 1998 drilling program on the South Voisey’s Bay property in Labrador.The proposed exploration program consists…