Writedowns push Ashanti into red
Writedowns in the fourth quarter of 1999 wiped out any earnings for Ashanti Goldfields (ASL-N).During the 3-month period, writedowns totalled US$233.1 million (or $2.08 per share). Before these writed…
Articles by Northern Miner Staff
MEETINGS (April 24, 2000)
April 25 Goodfellow — annual, generalApril 25 Plexmar — annual, specialApril 26 Jordex — annualApril 26 McWatters — annual, generalApril 26 Northern…
Cornerstone adds to holdings
Cornerstone Resources, a junior company held by Cornerstone Capital (CTP-V), has staked 214 claims to cover prospective ground adjacent to its Red Cliff property, on the northwestern tip of the Bonavi…
MOST ACTIVE ISSUES, April 12-18
Volume(000s)HighLowCloseChangeWilliam Res…
Metal Prices (April 24, 2000)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateApr. 18Apr. 17Apr. 14Apr. 13…
River Valley reveals more PGEs
Junior Pacific North West Capital (PFN-V) has received more encouraging results from its River Valley platinum group element project near Sudbury, Ont.The River Valley project covers 43.5 sq. km of th…
Old Economy holds firm as New Economy shakes
Bubbles don’t stay aloft forever, and the giant one propelling the much-ballyhooed New Economy was hit by a mean downdraft over our report period ended April 18. While bargain-hunters jumped in to kee…
TSE INDICES (April 24, 2000)
— 2000 –DateApr. 18Apr. 17Apr. 14Apr. 13…
Francisco aims drills at Marlin property
Francisco Gold (FGX-T) intends to drill the Marlin gold-silver property in Guatemala once shareholders and regulators approve the company’s proposed acquisition of that property’s owner, privately hel…
Homestake explores for gold in Sardinia
Homestake Mining (HM-N) will join Australian-listed Gold Mines of Sardinia (GMS) in an exploration effort on that island, situated west of the South Italian Peninsula.The California-based company will…
EVENTS (April 24, 2000)
May 7-14 Mining Association of B.C. — “Mining Symposium 2000.” Hyatt Regency Hotel, Vancouver, BC. Tel: (604) 681-4321, ext. 117. Fax: (604) 681-5305. Web site: http://www.mining.bc.ca.May…
Atna to review Finlayson
Atna Resources (ATN-T) has commissioned Kilborn Engineering Pacific to perform an independent, third-party review of the Finlayson project in southeastern Yukon.The review follows a recent agreement b…