Anglogold inks deal in Colombia
Anglogold (AU-N) can earn a half-interest in a 100-sq.-km Colombian land package held by Conquistador Mines (CMG-V). In return, the South African-based major must spend US$2.5 million on exploration o…
Articles by Northern Miner Staff
LME WHSE LEVELS (November 29, 1999)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Nov. 23/99 (change from Nov. 16 in brackets):MetalStock(tonnes)Change…
EXPLORATION ’99 – RARE METAL EXPLORATION ROUNDUP — Avalon updates Big Whopper
Avalon Ventures (AVL-V) has updated a prefeasibility study of its wholly owned Big Whopper petalite (lithium silicate) deposit, north of Kenora, Ont.The company now expects that market demand for its …
Partners seek base metals in Hearst
Partners Dumont Nickel (DNI-M) and North Atlantic Nickel have doubled the size of their Albany property, near Hearst, Ont.The pair added to the 72-sq.-km land package owned by North Atlantic by stakin…
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…
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…