News


Globex to buy stake in Tonkin Springs

Globex Mining Enterprises (TSE) has entered into an agreement that could see the company acquire a controlling interest in Gold Capital Corp., which operates and owns a 60% interest in the Tonkin Spri…


Lower copper prices will affect Asarco

The belief that copper prices will continue their downward slide leads New York-based investment firm J.P. Morgan to predict sharply lower earnings for Asarco (NYSE).Morgan revised its forecast for co…


Archangel intersects kimberlite in Russia

Drilling on the Verkhotina project in northwestern Russia has intersected a kimberlite pipe for Archangel Diamond (VSE).The pipe appears to be on a structure distinct from that which controls the five…


Tournigan cashes up

A private placement will raise up to $6.97 million for International Tournigan (VSE).The placement includes up to 3.1 million special warrants at $2.25 each, with each special warrant convertible at n…



Cominco to sell interest in Snip mine

International Skyline Gold (TSE) has reached a tentative agreement to acquire Cominco’s (TSE) 60% interest in the Snip underground gold mine in northwestern British Columbia. The purchase price is $55…


Reading our stock trading tables (March 04, 1996)

A comprehensive listing of weekly stock quotations for mining securities is provided by The Northern Miner. To assist readers who often know the name of the stock but not the exchange on which it trad…


Mongolia Gold updates feasibility on Bumbat

Mongolia Gold Resources (VSE) reports that the Bumbat gold project in Mongolia is expected to generate cash flow of US$7.4 million from revenue of US$33.9 million in just over two years.Mongolia opera…



Eastmain cuts zinc, gold at Akweskwa property

Drill results at the Akweskwa property of Eastmain Resources (CDN) have revealed that zinc mineralization exists alongside the gold previously discovered.Hole 95-05 intersected bedded pyrite-sphalerit…


Meetings (March 04, 1996)

March 11, Int’l TME — annual, generalMarch 11, McNickel — annual, generalMarch 11, Pan Pacific Gold — annual, generalMarch 12, Ellios — annual, generalMarch 12, Espalau — annual, generalMarch 12,…


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