Meetings (March 23, 1998)
Mar. 25, ArloMar. 25, Geo PiajaMar. 25, GoldtexMar. 25, Pamlico GoldMar. 25, Redell MiningMar. 25, Walking BearMar. 25, Winslow GoldMar 26, AurizonMar. 26, Bard Silver & GoldMar. 26, DMR ResourcesMar….
Articles by Northern Miner Staff
Lower gold price shrinks Pegasus reserves
A recalculation of proven and probable reserves in light of lower gold prices dramatically reduced the ounces of the yellow metal attributed to Pegasus Gold (PGU-M).Excluding the contribution from the…
STOCK MARKETS — Western markets experience unspectacular drop — Cross Lake results lead to drop in stock price
The Vancouver Stock Exchange composite index lost 8.21 points, or 1.3%, to close at 616.56 over the report period ended Mar. 17. The mining index lost 14.12 points, or 2.8% to close at 491.75.The comb…
Western Copper, Teck unearth more mineralization at San Nicolas
Western Copper Holdings (WTC-T) and joint-venture partner Teck (TEK-T) have released further drill results from the San Nicolas project in Mexico’s Zacatecas state.Drill hole SAL-40, collared 100 metr…
Iamgold, Anglo bring Niamboulama to feasibility
Having completed their due-diligence review, equal partners Iamgold (IMG-T) and Anglo American are proceeding with a feasibility study of the Niamboulama gold deposit on the Yatela concession in weste…
The unsung sparkle of Wyoming
While I was reading The Northern Miner this morning, I kept thinking about a Canadian I had talked to. I was amazed that his company has staked more than 1 million acres of land on speculation for dia…
OGS improves mineral potential of northern Ontario
Discoveries made by Ontario Geological Survey (OGS) geologists have boosted the mineral potential of the Kapuskasing and Marathon areas.A soil sampling project being completed by OGS staff in the Kapu…
Freeport hunkers down to reduce costs at Grasberg
In light of lower metal prices, Freeport McMoRan Copper & Gold (FCX-N) intends to implement new operating plans at its Grasberg copper-gold mine in Irian Jaya, Indonesia.The company plans to focus its…
Companies (March 23, 1998)
Abcourt MinesAber ResourcesAgnico-Eagle MinesAlberta EnergyAmerican GemAnglo AmericanAnzex ResourcesAsarcoAshton Mining of Can.Asquith ResourcesAzco MiningBattle Mountain GoldBirim GoldfieldsCallinan …
Newmont hurt by gold price
Proven and probable reserves for Newmont Gold (NGC-N) at the end of 1997 stood at 52.7 million oz. gold, down 5% from the previous year.The apparent decline is a function of the gold price used to cal…
Minorca buys Canarc shares
Minorca Resources (mar-t) has purchased a $1-million private placement in Canarc Resource (CCM-T), consisting of just over 1.3 million shares at 75cents each.Minorca has also acquired 800,000 addition…
Noranda options Caber
The exploration arm of Noranda (NOR-T) has signed a deal with Southern Africa Minerals (SAF-T) to earn a 55% interest in the Caber base metal property, situated near Matagami, Que.For its interest, No…