COMMENTARY — Policies, bans spell trouble
.BBby David GoldmanJohn Carrington, chairman of the Mining Association of Canada (MAC) and chief operating officer of Barrick Gold, did not mince words in a recent speech at Toronto’s Empire Club abou…
Articles by Northern Miner Staff
Greatest Value Traded, NOV. 17-23
ExchgVal($000s)HighLowCloseChangeAlcoa*N375179…
MINING MARKETS & INVESTMENT NEWS — U.S. MARKETS — Rising gold saves miners
The Dow Jones industrial average posted a modest gain of 63.3 points to 10,995.63 during the pre-holiday report period ended Nov. 23.Spot gold on the Comex division of the New York Mercantile Exchange…
PRODUCER & DEALER PRICES (November 29, 1999)
Antimony: Mid-mkt US$1,105/t.Bismuth: Mid-mkt US$4.55/lb.Cadmium: Mid-mkt US$0.20/lb.Chromium: Mid-mkt ores US$62.50/t.Cobalt: Recent trades US$13.50-15.00/lb.Copper: Comex Dec. US$0.785/lb.Indium: In…
TSE INDICES, Nov. 18 – 23
1999Nov. 23Nov. 22Nov. 19Nov. 18Nov. 17HighLowCom…
Pele pulls gold at Wawa
Bulk sampling at the Wawa gold project in northern Ontario has returned encouraging results for Pele Mountain Resources (PELE-C).The average grade for 9,260 tonnes was 4.93 grams gold per tonne. Anoth…
Exall Resources records quarterly loss
Toronto-based Exall Resources (EXL-T) lost $716,431 (or 2 cents per share) in the three months ended Sept. 30, compared with earnings of $801,031 in the third quarter of 1998. Revenue between the peri…
Chief Consolidated to restart Trixie
Determined to return the Trixie gold-silver mine in Utah to production, Chief Consolidated Mining (CFCM-Q) has arranged a US$7-million private placement.The New York-based junior will issue 3.5 millio…
North explores in Mexico
Australian-based North will carry out underground mapping, sampling and surface work at the Sierra Mojada oxide zinc property in northern Mexico.The company can earn a 60% interest in the 17,450-acre …
DIAMOND PAGE — Twin Gold starts winter work
Toronto-based Twin Gold (TWG-T) has retained a geophysical firm to fly a high-resolution, magnetic, gradiometric and very-low frequency survey on its 444-sq.-km diamond property in northern Quebec.The…
Hudbay options VMS find
Anglo American (AAUK-Q) affiliate Hudson Bay Exploration & Development has optioned a volcanogenic massive sulphide (VMS) discovery made by Eureka Resources (EUK-V) in central British Columbia.HudBay …
DIAMOND PAGE — Partners change course on Baffin Island
A kimberlite cluster found on the northern end of Baffin Island, Nunavut, is likely a dud.Partners Mountain Province Mining (MPV-T) and Opus Minerals (OPUS-C), which announced the discovery earlier th…