Manitoba provides exploration dollars
The government of Manitoba has approved $4.5 million in mineral exploration funding.Energy and Mines Minster David Newman recently announced that the Manitoba Mineral Exploration Assistance Program (M…
Articles by Northern Miner Staff
Canadian regulators nail ‘desert dirt’ promoter
Not to be outdone by Bre-X Minerals’ claim to have 70.9 million oz. gold at the Busang property in Indonesia, American Technology Exploration told potential investors last year that it had 76 million …
DIAMOND PAGE — Juniors begin drilling for Alberta kimberlites
The search for Alberta kimberlites has begun in earnest for a number of junior exploration companies.Meteor Minerals (MMI-A) and partner New Claymore Resources (NCS-V) have begun drilling potential ta…
Corner Bay plans Mexican program
A trenching program is being planned by Corner Bay Minerals (BAY-T) to determine the strike extent and width of a gold-silver prospect on the Alamo Dorado property in southern Sonora, Mexico.The compa…
DIAMOND PAGE — Ashton begins $10-million field program at Buffalo Hills
A winter exploration program is now underway on the Buffalo Hills diamond project in north-central Alberta.Operator Ashton Mining of Canada (ACA-T) and joint-venture partners Alberta Energy (AEC-T) an…
STOCK MARKETS — VSE gathers steam while ASE holds steady — Drill results boost Great Basin, Avalon; GMD fails to recover
The Vancouver Stock Exchange composite index added 17.54 points, or 2.9%, to close at 631.01 over the report period ended Feb. 10. The mining index gained 18.53 points, or 3.7%, to close at 524.01. Th…
STOCK MARKETS — TSE rises on strong gold market and strengthening dollar — Silver continues to stay above US$7 mark; rise in nickel price fails to entice investors
The Toronto Stock Exchange 300 composite index ended the report period of Feb. 4-10 at 6881.49, a rise of 108.04 points, or 1.6%, over the previous period. Trading volumes were strong all week, with o…
TORONTO STOCK EXCHANGE INDICES (February 16, 1998)
1998Feb.10Feb.9Feb.6Feb.5Feb.4HighLowComposite “3…
METAL PRICES – Daily Metal Prices (February 16, 1998)
BASE METALS (London Metal Exchange_Midday bid/ask prices in US$ per tonne)DateFeb. 10Feb. 9Feb. 6Feb. 5Feb.4…
Romios adds to holdings
Toronto-based junior Romios Gold Resources (RGRI-C) has enlarged its Lundmark-Akow Lake property in northwestern Ontario and launched a diamond drill program.Prompted by the discovery of “potentially …
Metallica invests in Chilean gold-silver mine
Metallica Resources (MR-T) has signed a letter of intent to acquire a half-interest in the Choquelimpie gold-silver mine from a privately held Chilean company.In the letter of intent, Metallica agreed…
Celtic to drill Hungry Hill
Calgary-based Celtic Minerals (CME-A) has begun planning a drill program as a follow-up to geophysical work carried out on the Hungry Hill base-metal joint venture in central Newfoundland.The junior c…