Exall eyes Romanian gold
Hoping to extend its operations beyond northern Ontario and into Romania, Exall Resources (EXL-T) has begun a due diligence review of the producing Barza Brad gold mine.Exall can earn an 80% interest …
Articles by Northern Miner Staff
Spot Prices, Wed. July 19, 2000
Precious MetalsPrice (US$/oz.)ChangeGold$281.80-$1.05Silver$ 4.99+$0.04…
Analysts peek into future during tour of nickel laterites Investment Commentary
The future of Canada’s two leading nickel producers appears to be waiting on a South Sea island, where the red carpet is being rolled out by government officials and aboriginal groups anxious to make …
Wolverine drilling yields mixed results
Two drill holes that tested the downdip extension of the Wolverine massive-sulphide deposit, on the newly acquired WOL property in the Finlayson district of the Yukon, have returned mixed results for …
International workshop considers cyanide code
A workshop organized by the United Nations Environment Programme (UNEP) and the International Council on Metals and the Environment has laid the groundwork for an international code of practice for th…
Amethyst celebrates anniversary
This month marks the 25th anniversary of amethyst, Ontario’s official mineral.It was on July 8, 1975, that the Mineral Emblem Act received royal assent, and, according to Tim Hudak, the province’s cur…
Exchange Rates (July 24, 2000)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateJuly 18July 17July 14July 13July 12…
Northern Miner Indices (July 24, 2000)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T22.7ComincoCLT-T3.8FalconbridgeFL-T7.0Franco-Nevada MiningFN-T5.8Freeport McMoR…
LME Warehouse Levels (July 24, 2000)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, July 18/00 (change from July 11 in brackets):MetalStock(tonnes)Change…
Philex suspends Bulawan
Philex Gold (PGI-T) has temporarily suspended operations at its Bulawan underground gold mine in the Philippines.The suspension follows the depletion of reserves in the South block.About 40% of the mi…
Moydow advances deposit
A feasibility study is under way at the Ntotoroso gold property in Ghana. Normandy Mining (NDY-T) is earning a half-interest in the property from operator Moydow Mines International (MOY-T).The study …
Partners finance exploration
London-based Rio Tinto (RTP-N) has taken down a second private placement in Anatolia Minerals Development (AMCD.U-C), for US$1 million.The major, which recently entered into a 4-year agreement with An…