TSE SHORT POSITIONS (February 03, 1997)
Short positions outstanding at January 15, 1997Larger individual positions included: Barrick Gold 11,100,550, down 1,234,333; Agnico-Eagle 385,217, down 120,551; AJ Perron Gold 376,400, up 376,400; As…
Articles by Northern Miner Staff
Jersey bails out of Ecuadorean projects
Discouraged by exploration results, Jersey Goldfields (JRG-V) has decided to abandon its 53 mineral properties in Ecuador.The annoucement follows the company’s decision to terminate its option agreeme…
Cambior and Guyanor Ressources find gold at French Guianese project
Core drilling by Cambior (CBJ-T) and Guyanor Ressources (GLR.B-T) has confirmed the presence of gold mineralization at the Yaou project in French Guiana.The 30-hole, 4,390-metre program will pave the …
Lithos reports deal is in works
Quebec-based lithium producer Lithos (LTS-M) reports it is close to striking a deal with several large chemical and electronics firms.The company has produced lithium metal in experimental quantities …
Rio Narcea lands Spanish subsidy
The Spanish ministry of industry has granted Rio Narcea Gold Mines (RNG-T) a 35% non-reimbursable subsidy for capital expenditures on its gold projects in northwestern Spain.The ministry’s resolution …
Abitibi results encourage Dianor
Montreal-based junior Dianor Resources (DOR-T) has encountered a zone of gold mineralization on its Adanac property, 10 km east of Rouyn-Noranda, Que.Four drill holes provided promising results.Hole 4…
AFRICA SPECIAL — Drilling to test Etruscan’s Tiawa concession in Niger
As part of an option agreement with Etruscan Enterprises (EET-V), Placer Dome (PDG-T) is sending a geological team and several diamond drills to the Tiawa concession in Niger, West Africa.The major ca…
Freeport Indonesia expands Grasberg
Drilling by partners Freeport-McMoRan Copper & Gold (FCX-N) and RTZ (RTZ-N) has increased reserves at the Grasberg gold mine in Irian Jaya, Indonesia.The increase was calculated by Freeport Indonesia,…
AFRICA SPECIAL — Ghana’s Asankrangwa belt offers gold mining potential
Well to the west of Ghana’s principal gold region, the Asankrangwa greenstone belt is often overshadowed by its neighbors. Although the area has limited placer production and only one hard-rock mine, …
AFRICA SPECIAL — Information a valuable commodity for Emerging Africa
Money may make the world of international business go ’round, but Montreal-based Emerging Africa Gold (EAGI-C) is getting ahead in Africa partly through an older form of commerce.Some of Emerging Afri…
AFRICA SPECIAL — Gold targets overshadow Mali’s geological diversity
Extensive geological work undertaken in Mali over the past few decades has confirmed that the country is prospective for a variety of mineral resources, including gold, diamonds, platinum, uranium, co…
AFRICA SPECIAL — Nevsun Resources leads pack of junior explorers in Africa
Among the most active junior companies exploring for gold in West Africa is Vancouver-based Nevsun Resources (NSU-T), which has several key projects under way.Aggressive drilling at the Kubi concessio…