Banro extends depth of Twangiza
Banro Resource (BNRS-C) has cut a 313-metre intersection of gold mineralization at its Twangiza project in the Democratic Republic of Congo.Highlights from the first hole reported include the followin…
Articles by Northern Miner Staff
INVESTMENT COMMENTARY — Lluvia de Oro adds upside to Santa Cruz
Mining analysts love turnaround stories, as do many investors who hope to catch companies on the rebound from the rocky transition from exploration to production. One recent example is Santa Cruz Gold…
Bolivar takes on Monarch in legal fight
Bolivar Goldfields (BVG-T) has filed a notice of action in an Ontario court against Monarch Resources (MRE-T) in an attempt to hold the latter to its agreement to sell its Venezuelan assets.Among thos…
South Pacific forms JV with Teck, MM
Teck (TEK-T) and Australian-based MM Gold, a subsidiary of Meekathara Minerals, will join forces with South Pacific Resources (SHF-A) to explore two gold projects in Kalimantan, Indonesia.South Pacifi…
DIAMOND PAGE — Treatment plant nears completion at Klipspringer
Design work on the 100-tonne-per-day kimberlite treatment plant on the Klipspringer project in South Africa’s Northern Transvaal Procince is well-advanced and on track for completion in early December…
PEOPLE — ROYAL OAK (November 17, 1997)
Edmund Szol appointed executive VP and chief operating officer.
Permit in hand for Soledad Mountain
The U.S. Bureau of Land Management has decided in favor of allowing Golden Queen Mining (GQM-T) to begin construction of the Soledad Mountain mine, 130 km north of Los Angeles, Calif.Construction will…
Strike affects zinc output at Asarco’s Tennessee mines
A 4-week-old strike at three Tennessee zinc mines owned by Asarco (AR-N) has cut production to 30% of capacity.The employees, represented by the International Chemical Workers Union, went on strike Oc…
Exall hits more gold at Glimmer mine — Glimmer Resources poised to take over as operator
Efforts to expand reserves at the Glimmer mine near Matheson, Ont., have borne fruit.In an underground drill hole, Exall Resources (EXL-T) hit an interval assaying 159.09 grams gold per tonne over 8 m…
FACTS ‘N’ FIGURES — Transitions in South Africa
On the surface, little remains of Anglo American/De Beers Consolidated Mines, Anglo-Transvaal Consolidated Investment (Anglo Vaal), Gencor, Gold Fields, Johannesburg Consolidated Investment (JCI) and …
LME WAREHOUSE LEVELS (November 17, 1997)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Nov.10/97 (change from previous week in brackets):MetalStocks(tonnes)Change…
SPOT PRICES (November 17, 1997)
Wednesday, November 12, 1997PriceWeek’s ChangeGold$310.00- $4.50Silver*$ 4.95…