Russian diamond miners head deep underground
Technology supplied by South Africa’s De Beers Consolidated Mines has enabled Russia to open its first underground diamond mine, in the Siberian region of Sakha.The technology will allow miners to pen…
Articles by Northern Miner Staff
Birim courts new admirer
In response to the recent takeover bid by Golden Star Resources (GSC-T), junior Birim Goldfields (BGI-T) has stepped up its courting of another suitor.Birim management says it has received a proposal …
SPOT PRICES (September 13, 1999)
Precious MetalsPrice (US$/oz.)ChangeGold$256.00+$0.55Silver$ 5.17-$0.03…
TSE INDICES (September 13, 1999)
1999Sep. 7Sep. 6Sep. 3Sep. 2Sep. 1HighLowComposit…
MOST ACTIVE ISSUES, Sept 1-7
ExchgVol(000’s)HighLowCloseChangeEcuadrn MinT7115…
METAL PRICES (September 13, 1999)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateSept. 7Sept. 6Sept. 3Sept. 2…
GREATEST VALUE TRADED, Sept 1-7
ExchgVal($000’s)HighLowCloseChangeAlcoa*N234540…
MINING MARKETS & INVESTMENT NEWS — U.S MARKETS — Copper prices pull producers higher
The Dow Jones industrial average climbed 204.85 points, or 1.9%, to close at 11,034.13 for the report period ended Sept. 7.Copper miners led the charge as the price of the red metal on the Comex divis…
MINING MARKETS & INVESTMENT NEWS — WESTERN MARKETS — Drill results add fuel to Vancouver exchange
The Vancouver Stock Exchange composite index was up 4.33 points, or 1.1%, to close the holiday-shortened report period Sept. 1-7 at 412.21. The mining index edged up 5.59 points, or 2.1%, to finish at…
Uranium powers Cameco’s second quarter
Cameco (CCO-T) posted increased revenue and respectable earnings during the latest quarter, despite decreases in the price of its two major products: gold and uranium.During the first six months of 19…
St Andrew still in the red
On the heels of reactivating its Hislop gold project in northern Ontario, St Andrew Goldfields (SAS-T) has reported another quarterly loss.The junior lost $365,277 in the 3-month period ended June 30,…
Reserve boost at Langlois
Definition drilling by Cambior (CBJ-T) at its Langlois zinc-copper mine, near Lebel-sur-Quevillon in northwestern Quebec, has boosted both the tonnage and grade of reserves contained in zone 97.Proven…