Aur Res. enjoys strong quarter
Aur Resources (AUR-T) has reported higher quarterly earnings, thanks to better operating performances at the Louvicourt and Andacollo mines.For the three months ended June 30, the copper miner netted …
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EDITORIAL & OPINION — GEOLOGY 101 — Redbed copper deposits, Part 2
Sedimentary redbed deposits are relatively small, and few are ever brought into production. There are no such mines in Canada, though deposits do occur in Nova Scotia and New Brunswick. Around the wor…
SUPPLIERS NEWS ROUNDUP — Chopper company opens doors in north
A partnership between Tulita Land Corp. and Great Slave Helicopters will create one of the largest aboriginal joint ventures to date in the Northwest Territories.The company, to be called Sahtu Helico…
Vancouver site for museum
Considering the mining history of British Columbia, the Yukon and the Northwest Territories, it’s hard to believe that no mineral museum exists west of Ontario. That’s about to change as a result of t…
Major General tests targets
Having outlined two anomalies during a geophysical program, Major General Resources (MGJ-V) is preparing to carry out trenching and drilling on its Spider Lake base metal project near Schreiber, Ont.T…
INSIDER TRADING — Armada exec unloads shares
Recent insider trading reported by the Ontario Securities Commission in its OSC Bulletin includes the following:Armada Gold (AAU-T) — John Hopkins, director, sold 500,000 shares at 4 cents-5 cents pe…
Of mergers, e-commerce and gold
I have been buying The Northern Miner off the shelf for many years. It now seems to me that you are disappointing many of your readers by failing to report on big changes in some mining companies. For…
Tan Range tests Tanzanian bet
A 320-hole drill campaign is testing gold anomalies at Tan Range Exploration’s (TNX-A) Mnekezi property in the Lake Victoria greenstone belt of Tanzania.The anomalies, which were identified by soil sa…
GREATEST VALUE TRADED, August 4-10, 1999
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INVESTMENT COMMENTARY — Falconbridge recommended for exposure to nickel, copper assets
Production from two new mines has prompted mining analysts to take a closer look at Falconbridge (FL-T), the world’s third-largest nickel producer and Canada’s largest producer of copper.Roger Chaplin…
Richmont posts quarterly loss
Montreal-based Richmont Mines (RIC-T), which has operations in Quebec and Newfoundland, is feeling the pinch of low gold prices, increased cash costs and reduced production.The company posted a loss o…