LETTER TO THE EDITOR — Kikerk Lake credit
We were pleased to see that you featured our joint-venture property at Kikerk Lake, N.W.T. (T.N.M., May 11-17/98), but prefer that credit be given where it is due.Exploration on the Kikerk Lake joint …
1998
MINING MARKETS AND INVESTMENT NEWS — Northern Abitibi insider active trader
The Ontario Securities Commission’s May 8 OSC Bulletin, shows that a director of Northern Abitibi Mining (NAI-A) was an active trader of that company’s shares in April.Jens Hansen exercised 500,000 op…
GOLD AND PRECIOUS METALS — TVX Gold forges ahead with gold projects in Greece
— Updated and final feasibility studies expected in third quarterIn many European countries, mining is perceived in terms that might best be described as dated, and this perception is posing challeng…
Companies (May 25, 1998)
Agnico-Eagle MinesAltius MineralsAmax GoldAnglo AmericanAnglogoldAnzex ResourcesApex SilverArian ResourcesAur ResourcesB.Y.G. Natural ResourcesBand-Ore ResourcesBanro ResourceBarrick GoldBattle Mounta…
New home for Hall of Fame — Industry greats will stare down on students in Mining Building
After nine years on the road, the Canadian Mining Hall of Fame has arrived home.On May 14, the Hall took up permanent residence in the Mining Building of the University of Toronto, a building where a …
MINING MARKETS AND INVESTMENT NEWS — Boliden refinances debt
Toronto-based Boliden (BOL-T) has arranged a US$200-million revolving credit facility which allows it to refinance debt carried by its newly acquired subsidiary, Boliden Westmin.When Boliden acquired …
GOLD AND PRECIOUS METALS — Banro resumes drilling at Twangiza in Congo
Having replenished its treasury with the proceeds of a warrant offering, Banro Resource (bnrs-c) is embarking on a second phase of diamond drilling at its Twangiza gold project in the Democratic Repub…
Hyperion finds home on VSE
Australian-based Hyperion Resources (HYP)) has been called for trading on the Vancouver Stock Exchange.The company’s chief assets are exploration concessions in Cuba and Fiji.At its Holguin property i…
GOLD AND PRECIOUS METALS — Cross Lake reports platinum-palladium find
Drilling by East West Resource (EWR-V) has led to the discovery of a zone of platinum-palladium and nickel-copper mineralization at the Reeves-Sewell project, 50 km southwest of Timmins, Ont.The Reeve…
COMMENTARY/GORDON PEELING
Marking mining milestonesThis year marks a milestone for the Canadian mining industry — it is the 100th anniversary of both the Yukon gold rush and the founding of the Canadian Institute of Mining, M…
Indo Pacific trenching exposes showing
The East Indies may no longer be a trendy destination for Canadian junior companies, but their mineral potential is good enough that some persistent explorers are still working quietly on solid projec…
MINING MARKETS AND INVESTMENT NEWS — Investment Commentary — First Marathon analyst gives nod to River Gold Mines
Kerry Smith, mining analyst for First Marathon Securities, has recommended River Gold Mines (RIV-T) as a “solid, long-term holding” for all small-cap and resource accounts.The junior has 30.8 million …