The Northern Miner — Small Producers Index (December 20, 1999)
55.81 (-4.36)(Sept. 30/98 = 100)…
Articles by Northern Miner Staff
No break-out yet
A week ago, base metals markets seemed poised to move out of the recent phase of lethargic trading. However, after some volatility early in the week ended Dec. 10 (notably in aluminium and zinc), pric…
Goldcorp cuts more high grade
Infill and extension drilling is enabling Goldcorp (G-T) to prove up high grades in new mineralized zones at its mine in Red Lake, Ont.The newest drilling centred on the 34 level, about 1,520 metres d…
CORRECTIONS (December 20, 1999)
William Shaver, referred to in our Dec. 6 issue, is vice-president of the mining services division of Toronto-based Dynatec.Also, in the Nov. 22 issue, a letter to the editor from Jerry Roth about rev…
Batu Hijau ships first concentrates
Partners Newmont Mining (NEM-N) and Sumitomo have shipped the first 30,000 tonnes of concentrates from their massive Batu Hijau copper-gold mine in Indonesia. The shipment was destined for smelters in…
Maude Lake finds gold
Maude Lake Exploration (MAU-M) has drilled several gold-bearing intersections during a 3,741-metre program recently completed at the Comtois prospect, 15 km west of Lebel-sur-Quvillon, Que.The junior…
Aussie producer eyes Nevada
An Australian gold producer has joined with Franc-Or Resources (FOR-T) and its privately owned partner to explore five properties in Nevada.To earn a 40% interest, Ranger Minerals (listed on the Austr…
Boliden sells stake in Saudi mine.
For US$6.9 million in cash, base metal major Boliden (BOL-T) has sold its half-interest in the Saudi Company for Precious Metals (SCPM) to the Saudi Arabian Mining Company (Ma’aden). Prior to the sale…
Sirios reports v.g. at Aquilon
Partners Sirios Resources (SOI-M) and Soquem have uncovered more high-grade gold at their Aquilon property in the James Bay region of Quebec.Grab samples from trenches and outcrops ran up to 295 grams…
OPAP cancellation short-sighted
It has recently come to my attention that the Ontario government will cancel the Ontario Prospectors Assistance Program (OPAP) as part of a cost-reduction program. As president of a junior mining comp…
Vengold goes dot.com route
After losing US$76.4 million (or US53 per share) during the first nine months of 1999, Vengold (VEN-T) has decided to its shift its focus away from mining and toward the internet.The considerable siz…
Gold, nickel production falls in September
Canadian production of lead, silver and refined copper and zinc rose between September 1998 and September 1999, whereas output of primary copper and zinc, nickel and gold was down.The statistics shown…