PEOPLE — PATRICIA GOLD
James Franklin appointed director.
Articles by Northern Miner Staff
Lihir mine showcased at next CIM luncheon
The Lihir gold mine in Papua New Guinea will be the subject of an April 16 luncheon organized by the Toronto branch of the Canadian Institute of Mining, Metallurgy and Petroleum (CIM).The guest speake…
Abcourt extends Abcourt-Barvue silver-zinc zones in Quebec
An initial 2,100 metres of drilling by Abcourt Mines (ABI-M) has extended the known mineralized zones of the past-producing Abcourt-Barvue silver-zinc mine property northeast of Val d’Or, Que.Holes 2 …
DIAMOND PAGE — DiamondWorks acquires pipe in Lesotho
DiamondWorks (DMW-T) has secured an option to buy a 100% interest in a portion of the Kao diamond pipe in the small southern African kingdom of Lesotho.Lesotho, about the size of Belgium and completel…
Hera Resources (HRR-V) has changed its name to Medallion Resources (MDL-V) on a 1-new-for-5-old-share basis.
DIAMOND PAGE — Nora closes two private placements
Montreal-based Nora Exploration (NXI-M) has completed two private placements totalling $960,000 in order to fund a deep-sea program of diamond exploration.The first private placement is in two parts: …
DIAMOND PAGE — Partners pull plug on Mbala mine
Partners United Reef (URP-T) and Trans Hex International (THI-T) have decided to permanently close their Mbala diamond mine in the Central African Republic.The mine has been on care and maintenance si…
GOLD FUNDS (March 23, 1998)
Gold Funds as of March 12, 1998BGRCentralNet Value$15.36$6.18Price$11.95$…
SPOT PRICES (March 23, 1998)
Wednesday, March 18, 1998Price (US)Week’s ChangeGold*$289.10- $6.15Silver*$ 5.80…
PRODUCER AND DEALER PRICES (March 23, 1998)
Aluminium: LME settlements US$1,450, alloy US$1,297 per tonne (Mar. 17/98).Antimony: Representative mid-market US$1,600 per tonne (Mar. 17/98).Bismuth: Representative mid-market US$3.85 per lb. (Mar. …
STOCK MARKETS — Majors suffer through another week of low metal prices — Caledonia leads the junior pack with Canadian and African projects
The Toronto Stock Exchange 300 composite index ended the report period of Mar. 11-17 at 7,440.37 points, up 144.37, or 2%. The index hit yet another record high of 7,468.76 points during the week.The …
Lucero drilling on Seal Lake
The drilling of potential kimberlite targets is under way on the 65,000-ha Seal Lake prospect in the Buffalo Hills area of Alberta.Lucero Resource (LCR-V) holds an option to earn a half-interest in th…