River Gold reports quarterly loss
Underground drilling at the Eagle River mine near Wawa, Ont., is returning heartening results for River Gold Mines (RIV-T).The latest intervals include 9 metres (true width) averaging 10.6 grams (cut)…
Articles by Northern Miner Staff
Moydow resumes drilling
Dublin-based Moydow Mines International (MOY-T) has resumed drilling at the Ntotoroso gold project in west-central Ghana after a 5-week hiatus due to the rainy season.Moydow has a 60% interest in the …
LETTER TO THE EDITOR — Time for a national geoscience association
In recent months, there has been a new imperative that geoscientists be registered with a professional organization. This follows the practice already in place for engineers.As Canadians, we need to l…
PRODUCER & DEALER PRICES (August 23, 1999)
Antimony: Mid-mkt US$1,210/t.Bismuth: Mid-mkt US$3.60/lb.Cadmium: Mid-mkt US$0.20/lb.Chromium: Recent trades US$60.00-90.00/t.Cobalt: Recent trades US$18.00-20.20/lb.Copper: Comex Sept. US$0.7705/lb.I…
MOST ACTIVE ISSUES (August 23, 1999)
August 11-17, 1999CompanyExchgVolume(000s)HighLowCloseChangeDayt…
MINING MARKETS & INVESTMENT NEWS — U.S. Markets — Aluminum dominates trading
The Dow Jones industrial average jumped 461.93 points, or 4.3%, during the report period ended Aug. 17 at 11,117.08, again climbing toward an all-time high.Aluminum took the spotlight as industry lead…
Companies (August 23, 1999)
AfrioreAltius MineralsAntares Mining & ExplorationAquest MineralsAshanti GoldBarrick GoldBattle Mountain CanadaBattle Mountain GoldBolidenCampbell ResourcesCamphor VenturesComaplex MineralsCopper Hill…
Southwestern, Pasminco drill in Peru
Southwestern Gold’s (SWG-T) joint-venture partner, Pasminco, is ready to begin a third phase of drilling at the Accha zinc project in southern Peru.Previous work defined an indicated and inferred oxid…
Ontario court throws out Scintilore’s Hemlo suit
With several tart comments about the ethical conduct of its management, Mr. Justice Robert J. Sharpe of the Superior Court of Justice, Ontario, has dismissed the suit in which Scintilore Explorations …
Aquest hits more gold at Anabella
Junior Aquest Minerals (AQU-V) has intersected additional gold and antimony at its Anabella project in western Guatemala.The mineralization is hosted in fine-grained, disseminated arsenopyrite in argi…
Rio Narcea reports mixed quarter
Despite record production and lower cash costs at its El Valle gold mine in northern Spain, Rio Narcea Gold Mines (RNG-T) posted a net loss in the second quarter.The company lost US$674,500 on revenue…
Grades still consistent at Red Lake
Delineation drilling at the Red Lake mine in northwestern Ontario continues to confirm the grades and widths measured in earlier drilling.Goldcorp (G-T) has been delineating mineralization below the m…