EVENTS (December 13, 1999)
Jan. 23-24 Cambridge House Int’l — “Vancouver Investment Conference.” Hotel Vancouver, Vancouver, B.C. Phone: (604) 227-7722.Jan. 25-28 B.C. & Yukon Chamber of Mines — “Cordilleran Geology and Explo…
Articles by Northern Miner Staff
Superconductors race with silver
Electric power losses in heavy-duty motors caused by resistance in wires is a major problem for utility companies and consumers. These losses amount to nearly 60% of total power consumption and requir…
Grasberg mine transforms Irian Jaya
Vancouver — There is no denying the impact the Grasberg operations have on the East Indonesian province of Irian Jaya. Operated by Freeport-McMoRan Copper & Gold (FCX-N) through its 85.87% ownership …
Miramar buys into Hope Bay project
Vancouver — Vancouver-based Miramar Mining (MAE-T) has inked a deal with Cambiex Exploration (CBX-T) to acquire a half-interest in the Hope Bay gold project in Nunavut.Miramar currently operates the …
Tandem drills Tilly Lake
Toronto-based Tandem Resources (TDM-M) has begun drill-testing showings of copper, gold and silver at its Tilly Lake property in northwestern Ontario.The showings occur in a 300-metre-long-by-30-metre…
Hornby Bay ponders JV
Junior Hornby Bay Exploration (HBBY-C) is courting three unnamed companies to evaluate the diamond potential of 210,434 ha it holds in western Nunavut.Overseeing the discussions is newly appointed boa…
Emotions drive protest
Trade unionists were there to protect good-paying jobs and to protest against companies moving their operations to countries with cheap labour. Environmentalists were there to protect sea turtles and …
Ontario prospectors lament loss of grants
The cancellation by the provincial government last month of the Ontario Prospectors Assistance Program (OPAP) has drawn mixed reactions from grassroots explorers. Some prospectors see the withdrawal o…
The Northern Miner North American Mining Index (December 13, 1999)
94.48 (+2.63)(Sept. 30/98 = 100)…
Twin Gold recovers more diamonds
Toronto-based Twin Gold (TWG-T) has recovered more diamonds from its land package in the Torngat Mountains region of northwestern Quebec.The latest results are from a 109.8-kg sample extracted from th…
Toronto Stock Exchange Indices (December 13, 1999)
— 1999 –DateDec. 7Dec. 6Dec. 3Dec. 2Dec. 1HighLow…
Spot Prices – Wed. December 8, 1999
Precious MetalsPrice (US$/oz.)ChangeGold$283.30-$8.10Silver$ 5.14-$0.05…