Gold crumbles on French scare
The Dow Jones industrial average edged up 28.77 points, or 0.2%, to 10,936.11 during the report period ended March 28, while the spot price of gold eroded to US$279.20 on the Comex division of the New…
Articles by Northern Miner Staff
Resource stocks fail to ride broad market wave
The March 22-28 report period proved to be a volatile one, with the Toronto Stock Exchange 300 index passing the 10,000 mark for the first time ever on March 23 — only to slip to 9,922.85 by the week…
CDNX loses ground in wobbly week
Canada’s junior exchange lost ground during the report period ended March 28, posting a loss of 27.85 points, or 0.6%, to finish the week at 4,377.04. The mining index followed suit, dropping 44.67 po…
Tenke finds more targets
An induced-polarization survey over the central portion of the Vicuna gold property in Argentina has enabled Tenke Mining (TNK-T) to identify two major resistivity anomalies.Corresponding with the pre…
Juniors persevere in search for prairie diamonds
Although diamond exploration in Saskatchewan never attracted the amount of attention it did in Alberta, a handful of companies are determined to continue the search.Saskatoon-based Shore Gold (SGF-V) …
No Headline (April 03, 2000)
NAME CHANGES (April 03, 2000)
Fancamp Resources (FNM-V) has changed its name to Fancamp Exploration (FEL-V) on a 1-new-for-2-old-share basis.
Taking taxpayers to the cleaners
If the “cleanup” of the Summitville gold mine in Colorado speaks for the competence of the Environmental Protection Agency (EPA), then be afraid for the environment and your pocketbook. Be very afraid…
Partners unveil reserves at Veladero
Homestake Mining (HM-N) and Barrick Gold (ABX-T) have announced reserves of 4.8 million oz. gold and 65.7 million oz. silver at their 60-40-held Veladero property in northwestern Argentina.The propert…
Highwood Resources spins off Thor Lake subsidiary
Highwood Resources (HWD-T) intends to establish a wholly owned specialty materials business named Rare Metal Alloys, which will concentrate on commercial development of the Thor Lake beryllium project…
Vista continues string of losses
Vista Gold (VGZ-T) had yet another losing year in 1999, due to US$16.2 million in writedowns and lower-than-expected gold production.The company lost US$27.7 million (or 31 per share) on revenue of U…
Correction (April 03, 2000)
A report in our Feb. 28-March 5 issue implied that Trans Hex International (THI-T) will fund its 2001-fiscal-year exploration programs at the Barra Grande and Northbank diamond properties in Brazil an…