Peruvian shareholders fight Gabriel deal
Peruvian Gold (PVO-V) has been chastised by major shareholder Bradstone Equity Partners for not seeking shareholder approval for the company’s takeover bid of Gabriel Resources (GVU-V).Peruvian’s take…
Articles by Northern Miner Staff
MINING MARKETS AND INVESTMENT NEWS — Freeport’s growth plans in Indonesia get nod
Simon Beardsmore, mining analyst with T. Hoare, has given a thumbs-up to the long-term growth plans of Freeport McMoRan Copper & Gold (FCX-N), operator of the huge Grasberg mine in Indonesia.”Grasberg…
Tyranex raising funds to buy Mineral Hill
Tyranex Gold (TXGI-C) is in the process of raising more than US$19 million to finance its acquisition of the Mineral Hill mine in Montana.The financing is being arranged through Union Securities, ABN …
Claude completes friendly takeover of Madsen Gold
Saskatoon-based Claude Resources (CRJ-TA) has successfully acquired a majority ownership in Madsen Gold (MGF-T).The two companies signed a friendly takeover agreement in mid-February that involved the…
Cumberland picks up pace at Meadowbank
Cumberland Resources (CBD-T) is sending another diamond drill rig to its Meadowbank gold project, 70 km north of Baker Lake, N.W.T.The rig, which has the capacity to drill deeper than the two already …
STOCK MARKET — TSE continues to break records, while gold has its day — Juniors feed off higher prices for the yellow metal
The Toronto Stock Exchange 300 index broke another record, ending the report period of April 1-7 at 7579.70, for a gain of 28.56 points, or 0.4%, over the previous period.The market was stimulated par…
GSN plans Nevada symposium
The Geological Society of Nevada (GSN) will host a symposium in Reno-Sparks, Nev., on May 15-18, 2000.Topics scheduled for discussion include: the geology of Nevada in the context of the Great Basin a…
EDITORIAL — Consider independent legal opinions — Legal minefields
Stock exchanges and securities regulators ask exploration companies to submit independent geological reports at certain junctures, which begs the question: should an independent legal opinion be requi…
TSE INDICES (April 13, 1998)
1998Apr. 7Apr. 6Apr. 3Apr. 2Apr. 1HighLowComposit…
PEOPLE — ECHO BAY (April 13, 1998)
Jerry McCrank appointed vp operations
PEOPLE — DONNER (April 13, 1998)
Rex Gibbons elected director.
PEOPLE — DIAMOND FIELDS (April 13, 1998)
Trevor S. Schultz appointed CEO. Kevin A. Dardis elected director.