PRODUCER & DEALER PRICES (September 27, 1999)
Antimony: Mid-mkt US$1,190/t.Bismuth: Mid-mkt US$4.35/lb.Cadmium: Mid-mkt US$0.20/lb.Chromium: Mid-mkt ores US$65/t.Cobalt: Recent trades US$17.40-21.00/lb.Copper: Comex Dec. US$0.8365/lb.Indium: Indi…
Articles by Northern Miner Staff
More zinc at Gemini
Follow-up drilling of a massive sulphide discovery at the Gemini property in northwestern Quebec has turned up more zinc for junior Cancor Mines (KCR-M).The first hole intersected 3 metres (from 172.5…
DIAMONDS — Winspear advances Snap Lake to feasibility
Based on the positive results of an updated scoping study, Winspear Resources (WSP-V) plans to advance the Snap Lake kimberlite dyke project in Canada’s Northwest Territories to a full feasibility stu…
DIAMONDS — Ekati widens gap on NWT competitors — Diavik, Snap Lake vie for runner-up
It was a contest in the early 1990s, but no more. The Ekati mine in the Northwest Territories has emerged as a solid winner in the race to bring Canadian diamonds to the international marketplace. The…
Gitennes buys Newcrest’s Peruvian assets
Gitennes Exploration (GIT-T) has completed its acquisition of a 40% interest in the Rio Blanco copper project and other Peruvian assets from Australian miner Newcrest Mining.The Vancouver-based compan…
HBM&S speeds up 777 schedule
A $360-million program of capital expenditures will see Hudson Bay Mining & Smelting bring its new 777 Deposit, at Flin Flon, Man., into production by 2004, and maintain mine production at Snow Lake.H…
DIAMONDS — Nora to boost stake in Namibian venture
A $2-million private placement will enable Nora Exploration (NXI-M) to boost to 60% its interest in the Namibian gemstones concession, the second-largest offshore marine diamond concession in southern…
Eastmain considers reopening Stratabound’s CNE
A deal between property holder Stratabound Minerals (AB-A) and Eastmain Resources (ER-T) could see mining resume at a small massive sulphide deposit in the Bathurst, N.B., mining camp.The agreement gi…
OBITUARY — Philip Malouf
Philip Malouf, who discovered what became one of the longest-living asbestos operations in North America, has died. He was 86.Malouf obtained an engineering degree from McGill University in 1935. Six …
Coal industry pushes for zero-emission energy
The Coal Association of Canada (CAC) has formed a joint venture with the Los Alamos National Laboratory in New Mexico to explore the technical and commercial feasibility of generating electricity from…
MINING MARKETS & INVESTMENT NEWS — NEWS ROUNDUP — Fortune sells Ontex shares
In order to focus on core projects, Fortune Minerals (ft-t) plans to sell 5.7 million shares of Ontex Resources (ONT-A) at 60 cents per share for proceeds of $3.4 million.The company has already secur…
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