GREATEST VALUE TRADED (October 11, 1999)
ExchgValue ($000s)HighLowCloseChangePlacer DomeT9…
Articles by Northern Miner Staff
Union Miniere buys stake in America Mineral Fields
By way of a $22-million private placement, Brussels-based major Union Miniere is acquiring a 20% interest in America Mineral Fields (AMZ-T), part owner of the stalled Kolwezi copper-cobalt tailings pr…
Moydow and Normandy explore Ntotoroso property
Dublin-based Moydow Mines International (MOY-T) and Normandy Mining (NDY-T) are wrapping up a 300-hole drilling campaign that has substantially extended Zone E at the partners’ Ntotoroso property in G…
WESTERN MARKETS — Composite makes steady gains on VSE
The Vancouver Stock Exchange composite index continued its bullish charge during the report period ended Oct. 5, rising 5.73 points, or 1.4%, to finish the week at 422.63. The mining index broke the 3…
EASTERN MARKETS — Gold prices, stocks remain volatile
It was another wild week for gold, with spot prices oscillating between the upper US$290s-per oz. and nearly US$340 before settling up US$7.75 over the week at US$325 per oz. on the London morning fix…
SUPPLIERS NEWS ROUNDUP — Codelco hires Kvaerner
The South American division of Kvaerner has been awarded a US$17-million contract to upgrade the processing circuit at the Radomiro Tomic copper mine in northern Chile.The firm will design and oversee…
Red Dog area find targeted for more drilling
Winter weather has brought drilling to a halt on a new high-grade zinc discovery of Cominco (CLT-T), 6 miles north of the company’s Red Dog mine in northwestern Alaska.Among the better results from re…
SUPPLIERS NEWS ROUNDUP — Aussies buy assayer Chemex
An Australian firm has bought Canadian minerals assayer Chemex Laboratory Group in a deal worth at least $8 million.Australian Laboratory Services (ALS), owned by Campbell Brothers, will add Vancouver…
INSIDER TRADING — Campbell execs renew options
Recent insider trading transactions reported in the Ontario Securities Commission’s OSC Bulletin include the following:* Campbell Resources (CCH-T) — Paul Ireland, officer, allowed 150,000 options to…
SPOT PRICES (October 11, 1999)
Precious MetalsPrice (US$/oz.)ChangeGold$325.00+ $7.75Silver$ 5.47- $0.24…
Rimfire outlines anomalies in Alaska
Rimfire Minerals (RFM-V) and Western Keltic Mines (WKM-V) have identified three prospective gold zones on their jointly owned properties in east-central Alaska.The juniors are targeting gold mineraliz…
DIAMOND PAGE — Ashton keeps faith at Buffalo Hills
Diamond explorer Ashton Mining of Canada (ACA-T) has identified four new drill targets on the Buffalo Hills joint venture plus four others on the surrounding Cayo lands in northern Alberta.The announc…