Minroc aims to revive Cassiar project
With the results of an independent engineering study in hand, Minroc Mines (MN-T) is arranging financing to bring its chrysotile asbestos fibre project into commercial production by the second quarter…
News
NAME CHANGE (December 07, 1998)
Dobrana Resources (DBR-V) has changed its name to Big Star Energy(BBA-V) on a 1-new-for-5-old-share basis.
Noveder grabs Micmac gold property
A letter-of-intent agreement paves the way for Noveder (NED-M) to earn a full interest in the Micmac gold property in northern Newfoundland.The Quebec-based junior will pay private vendors $25,000 in …
Geomaque gets green light for mine
An independent study on the Vueltas del Rio gold deposit in northwestern Honduras has determined the project’s feasibility at a gold price of US$300 per oz.Reno, Nev.-based Kappes Cassiday & Associate…
Companies (December 07, 1998)
Adrian ResourcesAgnico-Eagle MinesAltius MineralsAnglo AmericaAsarcoAshanti GoldfieldsAsia MineralsAtna ResourcesAur ResourcesAurizon MinesAzimut ExplorationBig Star EnergyBlack Hawk Minin…
MINING MARKETS & INVESTMENT NEWS — Ashanti snaps up Samax, Geita
The Canadian subsidiary of Ashanti Goldfields (AHD-T) has purchased most of the shares of Samax Gold in order to acquire that company’s Geita property in Tanzania.Ashanti nabbed 26.4 million Samax sha…
LETTERS TO THE EDITOR — Miner miffed by Clinton administration
Regarding your editorials “NWMA vs. Babbit” (T.N.M., Sept. 21-27/98) and “Tuning out” (Nov. 2-8/98), I would like to point out the serious and perilous position in which we in the mining industry find…
MINING MARKETS & INVESTMENT NEWS – WESTERN MARKETS — Diamonds, Argentine gold stir investors over flat week — Diamond explorers, juniors with ground in Argentina attract investor attention
The Vancouver Stock Exchange composite index edged up 3.3 points to close the report period ended Dec. 1 at 393.08. The mining index remained steady at 290.89, gaining only a hundredth of a point from…
TVI refines plans for Canatuan
Management of TVI Pacific (TVI-T) is scaling back production plans for the Canatuan polymetallic project on the Philippine island of Mindanao.About a year ago, TVI was drawing up plans to mine Canatua…
WMC drilling expands zone at Meliadine West
Resource drilling by WMC International, the North American unit of Australian metals giant Western Mining Corp., is offering hope for an increase in the resource at the F zone of the Meliadine West go…
EXPLORATION – Xemac gains copper project
Val d’Or, Que.-based Xemac Resources (XEM-M) has acquired the Arenoso porphyry-copper project in Baja California, Mexico.In return, Xemac must pay Idaho-based Fischer Watt Gold, the vendor, a total of…
Prospectors appeal Karpa Springs conviction
SPECIAL TO THE NORTHERN MINERAlmost five years after being released from jail, three Australian prospectors have lodged an appeal over their conviction for the $A6-million Karpa Springs gold fraud.Cla…