Cabo to buy stake in Cuban prospect
Cabo Exploration Ventures (CVE-V) intends to buy the balance of the Trinidad concession in Cuba.The vendor, Panama-based MinAmerica, has agreed to sell its 30% interest in the concession to Cabo in an…
Articles by Northern Miner Staff
St Andrew aims drills at Matheson gold properties
Diamond drilling by St Andrew Goldfields (SAS-T) may add new life to its past-producing Stock and Taylor gold properties in the Matheson area of northeastern Ontario.At the Stock property, deep drilli…
AFRICA SPECIAL — Ashanti ups stake in three mines
The government of Ghana will transfer its interests in three gold mines to Ashanti Goldfields (AHD.U-T).Ashanti will acquire a 10% interest in the Iduapriem mine, raising its stake in the operation to…
ODDS’N’SODS — Hair-raising
Upon my return to Canada following a 2-year contract in Zambia, I started work as a tunnel inspector at the Wreck Cover power project of Nova Scotia Power Corp.The project, which was about an hour’s d…
EDITORIAL PAGE — The Busang waiting game
Maybe today, maybe this week, maybe next month. That about sums up the uncertainty that shareholders of Bre-X Minerals must live with as they wait for the Indonesian government to make a decision on t…
THE DIAMOND PAGE — Surveys planned for Camsell Lake
An exploration program budgeted at $1.6 million is about to begin at the Camsell Lake diamond project, 140 miles northeast of Yellowknife, N.W.T.The 277,000-acre project is a joint venture between Win…
STOCK MARKETS — African plays add heat to VSE
The Vancouver Stock Exchange composite index was up 4.47 points at 1,199.47 over the report period ended Jan. 28, while the resource index slipped 7.05 points to finish at 2,237.03.Speculation continu…
STOCK MARKETS — Golds post modest gain on TSE
The Toronto Stock Exchange stayed true to form over the report period ended Jan. 28, with the broad market and the base metals heading in one direction, and the golds in another. But, for a change, th…
METAL PRICES — FREE MARKET (February 03, 1997)
London Metal ExchangeMidday bid-ask prices in $US per tonneDateJan. 28Jan. 27Jan. 24Jan. 23Jan. 22…
World Wide options Bolivian gold play
Toronto-based World Wide Minerals (WWS-T) has reached a preliminary agreement with La Paz-based Yi Chuan Gold to explore the Yi Chuan gold property in Bolivia.The 38-sq.-km property lies 240 km north …
Fording Coal enters trade agreement in Thailand
The federal government’s recent 2-week trade mission to Asia, which included provincial leaders and business leaders, has resulted in a multi-million-dollar deal for Fording Coal.The Calgary-based com…
Lyon Lake resumes drilling in Costa Rica
Montreal-based Lyon Lake Mines (LLL-M) has resumed drilling at its Canamazo gold concession in Costa Rica.The new campaign will include 5,000 metres of reverse-circulation drilling, with the first 1,2…