PEOPLE — MARCHMONT
Nick Clarke appointed COO.
Articles by Northern Miner Staff
TSE Short Positions (March 02, 1998)
Short positions outstanding at February 15, 1998Larger individual positions include: Anderson Exploration 698,600, up 697,200; Barrick Gold 18,661,797, up 3,005,663; Black Swan Gold 188,500, down 198,…
FACTS ‘N’ FiGURES — Quebec mineral shipments rise
Preliminary data show that the value of mineral shipments from Quebec mines rose slightly in 1997, to roughly $3.5 billion.Exploration and development expenses were also up by 4.4% last year, to $155 …
Alcan to build huge smelter in Quebec — Costs pegged at US$1.6 billion
Montreal-based Alcan Aluminium will construct a 375,000-tonne aluminum smelter in Alma, Que.The facility will replace the Isle-Maligne smelter, also in Alma, which has an annual production capacity of…
Inmet sues over Troilus
Inmet Mining (IMN-T) is initiating legal proceedings in British Columbia against Homestake Canada and Prime Resources Group (PRU-T) after the two companies backed out of their proposed US$110-million …
PEOPLE — GOLDMAX
Warwick Grigor elected director.
PEOPLE — CONS. VENTUREX (February 23, 1998)
Clarence Williams Cole elected director.
DIAMOND PAGE — Rupert sizes up South African pipe
The third hole of a delineation drilling program on the past-producing Crown kimberlite pipe in South Africa has intersected more than 467 metres of potentially higher-grade, hypabyssal-phase kimberli…
Greystar cuts more gold at Angostura
Greystar Resources (GSL-V) is continuing an aggressive in-fill drilling program at its wholly owned Angostura Gold Project in northeastern Colombia.The Vancouver-based junior released the first drill …
Dia Met forms Finnish partnership with Ashton Mining
Dia Met Minerals (DMM-T) is expanding its search for kimberlite pipes in Finland by entering into a joint venture with Australia-based Ashton Mining.The two companies feel that the integration of thei…
Claude scoops up Madsen
Saskatchewan’s largest gold producer, Claude Resources (CRJ-T), is acquiring fellow narrow-vein miner Madsen Gold (MGF-T), owner of the reopened Madsen gold mine in Ontario’s Red Lake camp.Claude is a…
Nevsun drilling still outlining reserves
Nevsun Resources (NSU-T) has released the final assay results from 42 holes drilled on its 90%-owned Tabakoto gold project in Mali.The holes are part of the company’s 1997 in-fill drilling program, de…