ASC head to run new capital exchange
The chairman of the Alberta Securities Commission (ASC) has been named to head the merged Alberta and Vancouver stock exchanges, with trading scheduled to begin Nov. 29.William Hess, who has held top …
Articles by Northern Miner Staff
DIAMOND PAGE — Grade falls short for Tahera
The once-promising Contwoyto-1 kimberlite at the Jericho diamond project in Canada’s newly created Nunavut territory has been put on the back burner after further sampling by Tahera (TAH-T) determined…
PRODUCER & DEALER PRICES (November 22, 1999)
Antimony: Mid-mkt US$1,125/t.Bismuth: Mid-mkt US$4.60/lb.Cadmium: Mid-mkt US$0.20/lb.Chromium: Mid-mkt ores US$65/t.Cobalt: Recent trades US$13.75-15.50/lb.Copper: Comex Dec. US$0.7835/lb.Indium: Indi…
Companies (November 22, 1999)
Archangel DiamondAsarcoAtna Res.Aur Res.Banff Res.Broken Hill Pty.CambiorCampbell Res.Canmine Res.Channel Res.Claude Res.Coeur d’Alene MinesCyprus AmaxDe Beers Cons. MinesDia Met MineralsEcho Bay Mine…
Meetings (November 22, 1999)
Nov. 22, Alcan AlumniumNov. 22, Itec-MineralNov. 22, StoriminNov. 22, ThundelarraNov. 22, Viking GoldNov. 22, WilliamNov. 23, AdobeNov. 23, ApogeeNov. 23, Blue DesertNov. 23, CamfloNov. 23, Easton Min…
Cambior loses US$27m
Posting a third-quarter loss of US$27.3 million (or US39 cents per share), gold miner Cambior (CBJ-T) has bitten the bullet and recorded a US$33-million charge against earnings related to the restruct…
Hedging clips Newmont
Accounting charges related to hedging pulled down earnings for Newmont Mining (NEM-N) in the third quarter.The company posted a loss of US$39 million (or 23 cents per share) after a US$41.3-million no…
TVX lets out contract for Olympias project
With a green light from its final feasibility study and permit applications awaiting approval, TVX Gold (TVX-T) has awarded the principal construction management contract for its Olympias mine project…
Moydow funds exploration
To finance exploration of its Ghanaian gold assets, junior Moydow Mines International (MOY-T) is raising $5 million via a private placement.The financing, brokered by Loewen, Ondaatje, McCutcheon, wil…
Manhattan to resume work at Tambo Grande project
Manhattan Minerals (MAN-T) will begin a second round of drilling at its 75%-optioned Tambo Grande polymetallic project in northwestern Peru.During the first phase, which consisted of 102 core holes (2…
Placer boosts Zaldivar stake
Less than a year after it announced plans to divest itself of base metal assets, Placer Dome (PDG-T) has acquired full ownership of the Zaldivar open-pit copper mine in Chile.Placer shelled out US$251…
COMMENTARY – Canada must fight for fairness
Increasingly, Canadians are seeing product bans that discriminate against our mineral exports. The impact on metals markets is serious and is already being felt.Banning, labeling or imposing restricti…