Monarch confirms potential in Durango
Reverse-Circulation drilling at the San Agustin property in Mexico’s Durango state has intersected wide zones of gold and silver mineralization.Monarch Resources (MRE-T), which is in the process of ac…
Articles by Northern Miner Staff
PRODUCER AND DEALER PRICES (July 28, 1997)
Aluminium: LME settlements US$1,579.50 per tonne, alloy $1,415 per tonne (July 22/97).Antimony: Composite free market, US$2,020 per tonne (July 14/97).Bismuth: Composite free market US$3.80 per lb. (J…
ODDS ‘N’ SODS — Service with a frown
I looked out the window of my office in the capital of Chile after reading the faxed daily report. It said the Vamco shovel in the North pit had broken down.”There’s a minor problem — the Fiblemann b…
Companies urged to improve communications — Recommendations intended to strengthen market
Gold mining companies need adapt to a market in which confidence has been weakened and must be willing to improve communications in order to attract investor interest and confidence, according to a re…
LETTERS TO THE EDITOR — Experienced lawyers essential for work in foreign jurisdictions
No one can disagree with the comments made by Stephane Brabant (“Mining companies urged to note differences in laws,” T.N.M., July 14/97). They are applicable to any foreign jurisdiction, even those “…
DIAMOND PAGE — Sea yields treasures for diamond partners
A consortium of companies has completed its analysis of the first bulk sample from the Sunda Shelf project in the South China Sea, off the coast of Indonesia.The consortium — Trans Hex International …
TORONTO STOCK EXCHANGE INDICES (July 28, 1997)
1997July 22July 21July 18July 17July 16HighLowCom…
Metallica expands holdings
Metallica Resources (MR-T) is adding two new gold properties to its portfolio, one of which is a recent gold producer.The latter property includes the Mara Rosa mine in Brazil, which the company is ac…
EDITORIAL AND COMMENTARY — `If you don’t explore, you won’t discover’ — In search of the unknown
After coffee and muffins and a few introductory remarks, Donald Cranston of Natural Resources Canada took the podium at the 54th Mines and Energy Ministers’ Conference in St. John’s, Nfld., and challe…
STOCK MARKETS — Slow summer continues on Western markets — Junior resource companies struggle for investors’ attention
Shoppers normally love bargains, but the rule does not seem to apply when the merchandise consists of shares of junior mining stocks. When markets are hot and everyone is buying, investors pile aboard…
Goldstake grabs South African stockpile
Goldstake Explorations (GXP-T) has acquired a stockpile of processed, but still rich, gold ore in South Africa.Production has started on the Gold Stockpile 1 project, a joint venture between Goldstake…
GEOLOGY 101 — Quartz-Carbonate vein gold deposits, Part 1
Quartz-Carbonate vein gold deposits (also known as mesothermal lode deposits) form along, and are localized to, major regional fault and fracture systems, but are actually located in secondary or tert…