Kit, Inmet extend agreement
Kit Resources (KIT-T) and Inmet Mining (IMN-T) have extended the deadline for a letter-of-intent agreement that will see the former purchase the latter’s Izok Lake polymetallic property in the Bathurs…
Articles by Northern Miner Staff
Arian boosts Julietta stake
The slump in gold prices is not curtailing the efforts of Arian Resources (ARA.U-T) to arrange production financing for the Julietta gold-silver project in the Madagan region of the Russian Far East.H…
Cross Lake pulls more copper, zinc values
New drill results from the Sheraton-Timmins project of Cross Lake Minerals (CRN-V) in northeastern Ontario’s Sheraton Twp., indicate a wide package of mineralized zones along a strike length of about …
Homestake set to acquire Plutonic
T’is the season for bargains, thanks to low gold prices, and Homestake Mining (HM-N) has been out doing some last-minute Christmas shopping in Australia. The company has announced that it intends to a…
GOLD FUNDS (December 29, 1997)
Gold Funds as of December 18, 1997BGRCentralNet Value$14.70$6.12Price$10.05…
Jordex shifts from nickel
Weak nickel markets have prompted Jordex Resources (JDX-T) to cease funding its minority stake in the Loma de Niquel nickel project in Venezeula.The company says increases in capital costs and financi…
PEOPLE — TOTEM MINING (December 22, 1997)
Joseph Montgomery appointed vp; Robert Woodfill appointed director.
EDITORIAL — Climate change poorly understood — The Doomsday Club
Remember the 1960s and early 1970s? Woodstock, Pierre Trudeau and those wild-eyed doom-and-gloomers perched on street corners warning us repeatedly that rampant consumerism would soon exhaust the worl…
PEOPLE — STRATHMORE (December 22, 1997)
William McKnight appointed director.
PEOPLE — SRR MERCANTILE (December 22, 1997)
C.Y. Wong appointed president and director.
PEOPLE — SOUTH AFRICA MINERALS
Denis Francoeur appointed president and CEO.
PEOPLE — SERENA
Costa Takkas and Bradley Caulfield appointed directors.