Black Hawk completes Triton merger
The merger deal between Triton Mining (TTM-T) and Black Hawk Mining (BHK-T) has closed.The two companies had agreed earlier this year to amalgamate, share-for-share, with Triton becoming Black Hawk’s …
News
MINING MARKETS & INVESTMENT NEWS — QUERY — Golden Eagle a rare bird in gold mining
Has your paper ever done an article on Golden Eagle International? It supposedly has found 6 million oz. gold minimum, 157 million oz. potentially.Is this find true, or another Bre-X? You’d figure tha…
Meetings (June 08, 1998)
June 8, DalmationJune 8, Grange GoldJune 8, Int’l CapriJune 8, Rio Narcea.June 9, Big BearJune 9, BijouJune 9, Crown ButteJune 9, Mineral ResourcesJune 9, Newhawk Gold.June 9, NearyJune 9, ProfcoJune …
Resource outlined at Sierra Azul
Junior Stratabound Minerals (SB-A) has calculated a resource for the past-producing Sierra Azul lead-zinc property in Mexico’s Coahuila state.A preliminary resource of 700,000 tonnes grading 9.22% zin…
MINING MARKETS & INVESTMENT NEWS — WESTERN MARKETS — High-flyer St. Jude comes back to earth
The Vancouver Stock Exchange composite index lost 14.42 points, or 2.4%, to close the report period ended June 2 at 588.79. The mining index followed suit, slipping 15.7 points, or 3.4%, to finish at …
DIAMOND PAGE — Ashton drill results promising
A second batch of microdiamond results from Ashton Mining of Canada’s (ACA-T) winter reconnaissance drilling program on the Buffalo Hills project in north-central Alberta has shown kimberlite K-11, on…
McVicar eyes Chinese gold
Toronto-based McVicar Minerals (MVR-A) has signed a letter of intent with a Chinese government agency to explore the producing Xiaojin gold property in southwestern China.The small open-pit, heap-leac…
MINING MARKETS & INVESTMENT NEWS – EASTERN MARKETS — Mining issues fall in stagnant market
The Toronto Stock Exchange traded in a narrow range during the May 27-June 2 report period, with the TSE 300 composite index closing down 91.95 points to 7,534.01. Both mining sub-groups outpaced the …
Cautious investors show interest in St. Jude
While Ghana’s gold potential is undeniable, junior companies exploring concessions in the West African country are facing increased scrutiny from investors in the wake of a high-profile tampering scan…
Dayton shareholders battle over merger plans
The directors of Dayton Mining (DAY-T) are facing a shareholder revolt in response to Minorca Resources’ (MAR-T) growing influence in Dayton’s boardroom.On May 27, New York City-based investment firm …
Queens’ geology student honored
Steven Olsen has been awarded the 1997 Money Medal for his master’s work in mineral exploration at Queen’s University in Kingston, Ont.The medal, struck from gold-plated Falconbridge nickel, is awarde…
Spectrum seeks PGMs in New Zealand
High prices and demand for platinum and palladium have prompted Spectrum Resources (SPC-V) to option two New Zealand properties prospective for platinum group metals (PGMs).The first property covers 1…