MK Gold eyes copper play
Salt Lake City-based MK Gold (MKAU-O) has bought the Las Cruces copper deposit in southwestern Spain from Rio Tinto (RTP-N) for US$42 million.In acquiring the 27,200-ha property, the junior has also g…
Articles by Northern Miner Staff
North options Nevada property
Australia’s North Mining can acquire a 51% stake in the Antone Canyon gold project in Nevada from Royal Standard Minerals (RSM-M). In return, the major is required to spend US$2 million and outline a …
Rubicon hits more sulphides at Palmer (September 13, 1999)
Junior Rubicon Minerals (RMX-V) has intersected more sulphides while testing the RW zone at its wholly owned Palmer project, near Haines, Alaska.Partial results from hole 12 returned an 8.3-ft. interv…
New exchange moves closer to operation
The planned restructuring of Canada’s stock exchanges has taken another step forward, with the announcement that the merged Vancouver and Alberta exchanges will be called the Canadian Venture Exchange…
EDITORIAL & OPINION — COMMENTARY — Old hand in new position
Pundits are still analyzing what Prime Minister Jean Chretien’s Aug. 10 cabinet shuffle means for the next election. Does the shuffle, which saw the appointment of five new cabinet ministers, mean tha…
Homestake settles Whitewood wrangle — Controversy over former superfund site dates back 16 years
A legal dispute that pitted the U.S. and South Dakota governments and a native band against Homestake Mining over the discharge of tailings into a local stream has been settled with a US$6-million pay…
Companies (September 13, 1999)
AnglogoldAtna ResourcesBattle Mountain GoldBattle MountainBirim GoldfieldsBlue Lightning VenturesBotswana DiamondfieldsCambiorCamecoCanabrava DiamondComincoCorner Bay MineralsCorum Resourc…
MINING MARKETS & INVESTMENT NEWS — EASTERN MARKETS — TSE makes gains as royalty sisters prepare to merge
Regaining half of what it lost in the previous period, the Toronto Stock Exchange 300 index rose 87.69 points during the holiday-shortened period Sept. 1-7 to end at 7,058.50.Gold continued an upward …
MINING MARKETS & INVESTMENT NEWS — INVESTMENT COMMENTARY — Corner Bay eyes potential at Alamo Dorado
Silver buffs and mining analysts are taking a shine to the Alamo Dorado silver-gold project, being developed by Corner Bay Minerals (BAY-T) near the town of Alamos in Mexico’s Sonora state.Mining anal…
Final holes at Duck Pond confirm resource
The last six holes drilled on the Duck Pond polymetallic property in central Newfoundland have confirmed the results of earlier drilling, while offering hope that the resource may be larger than earli…
PRODUCER & DEALER PRICES (September 06, 1999)
Antimony: Mid-mkt US$1,215/t.Bismuth: Mid-mkt US$3.90/lb.Cadmium: Mid-mkt US$0.20/lb.Chromium: Mid-mkt ores US$65/t.Cobalt: Recent trades US$18.60-20.00/lb.Copper: Comex Sept. US$0.777/lb.Indium: Indi…
Fancamp makes discovery
An early-stage gold discovery has Fancamp Resources (FNM-V) hopeful of the potential of its newly acquired Kourouba concession in the Kalana region of southwestern Mali, 90 km south of the capital cit…