‘Tis the season for tax loss selling
John Kilburn, retail analyst with Goepel McDermid, is looking for bargains in the junior resource sector this holiday season. Tax loss selling at this time of year typically creates a seasonal weaknes…
Articles by Northern Miner Staff
Manhattan outlines sulphides at Tambo Grande
At its 75%-optioned Tambo Grande polymetallic project in northwestern Peru, Manhattan Minerals (MAN-T) has unveiled a resource model for the TG-3 deposit that pushes the overall sulphide resource to b…
Stillwater improves production forecast
Emerging from a period of development glitches at its namesake operation in south-central Montana, platinum producer Stillwater Mining (SWC-X) is confident it has turned the corner and anticipates str…
Future of BC mining uncertain
This past year has been both difficult and disappointing for British Columbia’s mining industry. Two mines closed and no new ones were opened. Mineral exploration plummeted dramatically and is now exp…
Indonesia outstrips competition
A survey has found that Indonesian mines achieve higher rates of return than operations elsewhere in the world.The PricewaterhouseCoopers study shows that during the period 1994-1998, companies includ…
Fipke’s Cantex among gainers on western markets
The Canadian Venture Exchange closed up 14.63 points, or 0.7%, at 2,168.71 during the report period ended Dec. 21, 1999.MacDonald Mines Exploration traded almost 2.5 million shares during the week, cl…
The Northern Miner — North American Mining Index (December 27, 1999)
95.50 (+4.00)(Sept. 30/98 = 100)…
The Northern Miner — Small Producers Index (December 27, 1999)
61.14 (+5.33)(Sept. 30/98 = 100)…
Spot Prices Wed. December 22, 1999
Precious MetalsPrice (US$/oz.)ChangeGold$287.00+$7.15Silver$ 5.17-$0.02…
Gold rebounds before holidays
The Dow Jones industrial average climbed a modest 40.37 points, or 0.4%, to 11,200.54 during the report period ended Dec. 21.Gold responded to interest rate jitters, climbing $6.90 to US$286.90 on the…
GOLD FUNDS (December 27, 1999)
Gold Funds as of Dec. 16, 1999Dynamic MutualCentral FundNet Value$13.60$5.63Price$8.1…
LME Warehouse Levels (December 27, 1999)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Dec. 21/99 (change from Dec. 14 in brackets):Aluminium762,850(-4,700)…