Gold demand hits new high
Gold demand in 1999 rose more than one-fifth to a record level, buoyed by strong demand in India, Pakistan and the U.S., according to a year-end report by New York-based World Gold Council (WGC).In th…
Articles by Northern Miner Staff
The Emerald mine remembered
With its open location atop Iron Mountain, the Emerald mine, near Salmo, B.C., was subject to the area’s severe weather and frequent storms.A tramline connected the mine on the mountain with the mill …
Metal Prices (February 28, 2000)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateFeb. 22Feb. 21Feb. 18Feb. 17…
MM2000 opening day to be a family affair
The organizers of Mining Millennium 2000 are inviting delegates to bring their families and friends to take part in the special events planned for “Opening Sunday,” March 5, on the floor of the Toront…
TSE Short Positions (February 28, 2000)
Larger individual positions include:Abitibi-Consolidated 2,817,508 up 1,052,995; Agnico-Eagle 1,961,000 up 1,951,000; Alcan Aluminum 1,636,783 up 530,170; Anderson Exploration…
Winspear, Gammon Lake graduate to senior board
North Atlantic Nickel (NANC-C) recently began trading on the Canadian Dealing Network — soon to be part of the Canadian Venture Exchange — while Winspear Resources (WSP-T) and Gammon Lake Resources…
Francisco gains ground in Guatemala
Junior Francisco Gold (FGX-V) has acquired more than 5,000 sq. km of exploration concessions, including the prospective Marlin gold-silver property, in Guatemala.Situated 30 km west of Huehuetenango, …
Profit-takers derail TSE after record highs
Profit-taking took hold of the Toronto stock market during the Feb. 16-22 report period, with the TSE 300 composite index falling sharply after reaching an all-time high of 9,463.54 on Feb. 17. The co…
Partners test nickel laterite in Guatemala
First discovered by a subsidiary of Inco in the early 1970s, the Buena Vista nickel project in Guatemala has been revived by Chesbar Resources (CBI-T) and Intrepid Minerals (IAU-V). The partners are e…
Al Hariqah shows promise
A first-phase drill program by Cantex Mine Development (CD-V) has returned encouraging results from the Al Hariqah gold project in Yemen.Thirteen holes tested a mineralized zone measuring 3.2 km by 60…
Improved Louvicourt bolsters Novicourt and Aur
A combination of higher production and lower processing charges at the Louvicourt mine, east of Val d’Or, Que., substantially improved Novicourt’s (NOV-T) year-end financial results.The company, which…
Monopros drops Victoria Island project
Despite the discovery of several diamondiferous kimberlites on the Victoria Island property in Nunavut, Monopros, the Canadian exploration arm of De Beers Consolidated Mines (DBRSY-Q), has elected to …