DIAMOND PAGE — Drilling resumes at Camsell Lake
Partners Winspear Resources (WSP-V) and Aber Resources (ABZ-T) have resumed drilling in the Snap Lake area of the Camsell Lake project in the Northwest Territories.A program of up to 2,200 metres is t…
Articles by Northern Miner Staff
SPOT PRICES (August 25, 1997)
Wednesday, August 20, 1997Price (US)Week’s ChangeGold*$322.00- $6.60Silver*$ 4.51…
TSE SHORT POSITIONS (August 25, 1997)
Short positions outstanding at July 31, 1997Larger individual positions included: Barrick Gold 11,804,898, up 866,048; Bema Gold 4,407,286; Bonus Resource 22,190, down 791,810; Breakwater Resources 22…
Newhawk cancels sale
The $4-million sale of the Sulphurets-Bruceside gold-silver project in northwestern British Columbia has been terminated by Newhawk Gold Mines (nhg-t) because Treminco Resources (tmo-t) failed to comp…
Mid-North director sells Walton
Calgary-based Mid-North Resources (mnu-a) has signed a letter-of-intent agreement with one of its directors to acquire two properties in Nova Scotia, including the past-producing Walton barite-silver …
Patricia extends Island Gold
Toronto-based Patricia Mines (pat-v) has extended the 21 zone by 25 metres east of the discovery hole at its Island Gold project northeast of Wawa, Ont.So far this summer, four holes have been drilled…
Eldorado enters talks with Gencor
Weak gold prices have induced Eldorado Gold (eld-t) to enter discussions with South African mining house Gencor to revise a proposed transaction involving the acquisition of two operating gold mines a…
Risk, challenge topics of B.C. conference
A conference outlining the political, financial and regulatory risks of international mining ventures will be hosted by Price Waterhouse from Oct. 9 to 10 at the Waterfront Centre Hotel in Vancouver, …
ODDS ‘N’ SODS — On top of the world, Part 1
In 1942, near my little village of Hazelton in northern British Columbia, Cominco was developing the Red Rose tungsten mine atop the Rocher de Boule Mountain in order to supply wartime demand for the …
Clarification (August 18, 1997)
In the article “Placer Dome, TVX flex muscles in Pickle Lake” (T.N.M., Aug.4/97), we neglected to include reserve and annual production figures for the Musselwhite mine.The mine, which is owned by Pla…
TSE, OSC committee to re-examine mining rules — Panel to make recommendations by end of the year
The Toronto Stock Exchange (TSE) and the Ontario Securities Commission (OSC) have announced the formation of a task force to assess the need for regulatory standards for the mining industry.The Mining…
AfriOre explores Umgen coal project
Junior AfriOre (afo-v) will begin a program of drilling and geophysics at the newly joint-ventured Umgen coal deposit in South Africa’s Kwazulu-Natal province.The Toronto-based junior recently complet…