Montreal businessman Jacques Forget says he will ask minority shareholders of Dumagami Mines (TSE) to vote against a merger plan tabled recently by Agnico-Eagle Mines (TSE). Forget, who holds a 16% st…
The gold price and gold index appear to be diverging. Bullion on the second London fix dipped to $361.80 today whereas the gold and silver index continued to display resilience in light of bullion’s h…
Up until several years ago, the height of ambition for a junior company with a promising property was to strike a joint venture deal with a major mining concern, hopefully with one benign enough to le…
A week of mixed trading didn’t seem to hurt the resource stocks, with the mining and minerals index climbing more than 20 pts. The general market portfolio index, by comparison, managed a 2.9-pt gain….
An exploration crew has been mobilized by Bitech Corp. (ASE) to begin a $350,000 work program on the old Betts Cove mine property in Newfoundland. The Betts Cove property hosts one of the province’s o…
The main challenge facing Giant Yellowknife Mines (TSE) is reducing operating costs and increasing the profit on each ounce of gold produced, President Adrian Fleming said at the annual meeting. Giant…
Hydra Explorations (TSE) is expecting royalty payments of about $1 million per year from its interest in the Colomac gold mine in the Northwest Territories. Owned by Neptune Resources (TSE), the Colom…
One of mining’s best known personalities plans to donate $1.25 million toward the fundraising drive for the William Pinch mineral collection. Viola MacMillan said she took three weeks to make up he…
With a positive feasibility study in hand, Atlanta Gold Corp. (TSE) says it is moving ahead to complete the permitting and project financing for its 100%- owned Atlanta Gold project in Elmore Cty., Id…
Atlanta Gold — O. Tolpinrud bought 1,400 (Apr) @ $2.65 to hold 144,051. Belmoral — A. Brown sold 24,000 (Apr) @ $1.16-$1.23 to hold 184,278. F. Brown sold 2,000 (Apr) @ $1.23 to hold (amended) 13,79…
A restructuring has been completed involving Bond International Gold’s (TSE) Australian affiliates, North Kalgurli Mines (NKM) and Gold Mines of Kalgoorlie (GMK). Bond recently tendered its 40% holdin…
It’s encouraging to note that being supported by such advertisers as Albert Applegath has not prevented The Northern Miner from taking controversial editorial positions (see “Vancouver’s successes ove…
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