NEWS ROUNDUP — Conductor at Eagle River South
An electromagnetic survey on the Eagle River South property, near Wawa, Ont., has uncovered a discrete conductor. Noront Resources (VSE) believes the conductor is near recently discovered schistose, s…
Articles by Northern Miner Staff
Teck Corp. earnings improve
Toronto-listed Teck earned $29 million (net), up from $26 million a year earlier. Revenues also rose, to $492 million from $378 million. The improvement is attributed to increased coal production and …
TVX, High River go Dutch at Snow Lake
Toronto-listed TVX Gold is gaining a half interest in the Snow Lake gold project in western Manitoba. In return, it must transfer back to High River Gold Mines (TSE) 6 million common shares of that co…
NEWS ROUNDUP — InterStar ships first manganese ore
InterStar Mining (CDN) has shipped its first 6,350-tonne batch of manganese ore from a mine in Burkina Faso, West Africa. The mine contains 15 million tonnes of proven and developed, high-grade ore, o…
NEWS ROUNDUP — MacDonald options Cuban concession
Two companies — MacDonald Mines Exploration (CDN) and the Cuban entity, Geominera S.A. — have joined forces to explore a property in east-central Cuba. The 2,000-sq.-km concession, in Camaguey provi…
Chile’s Buchi to address PDAC convention luncheon
A former candidate for the presidency of Chile, Hernan Buchi, will speak at a luncheon on March 7 in Toronto during the annual convention of the Prospectors and Developers Association of Canada (PDAC)…
N.A. Rare Metals to join Sunstate
North American Rare Metals (ME) is set to amalgamate with Sunstate Cablesystems. Prior to doing so, North American will create a wholly owned subsidiary into which it will transfer all its assets. All…
Mexico’s Acapulco to host 3-nation Expo-Festival
A 3-nation trade show and seminar will take place March 20-27 in Acapulco, Mexico. The International Free Trade Expo-Festival will focus on new opportunities for businesses in Mexico following the imp…
CORPORATE TRENDS — Regulators and the market
Like most idealistic initiates to the world of regulatory processes, I have a little dream. My dream is one of markets which are competitive and of securities which are sold honestly, so that investor…
O’Neill speaking at CIM
The Bank of Montreal’s Tim O’Neill will speak on “old industries in the new economy” when he addresses the Feb. 17 luncheon of the Toronto branch of the Canadian Institute of Mining, Metallurgy and Pe…
Trading records set by TSE
The Toronto Stock Exchange recorded its most active day ever on Feb. 3 when 106.3 million shares worth $1.3 billion (not a record) were traded. The daily feat comes on the heels of monthly records set…
SEG amalgamation
Orimar Resources is amalgamating with SEG Exploration (ME). The new company will retain the name, SEG Exploration.