GREATEST VALUE TRADED June 16-22
ExchgVal($000s)HighLowCloseChangeAlcoa*N511898…
Articles by Northern Miner Staff
MINING MARKETS & INVESTMENT NEWS — EASTERN MARKETS — Listless gold eclipsed by rebounding base metals
Gold prices continued to languish below the US$260 mark during the June 16-22 report period, slipping 20 cents over the week to US$258.70 per oz. on the London morning fix of June 23.Gold’s woes dragg…
THE NORTHERN MINER — Small Producers Index (June 28, 1999)
63.69 (+3.36)
BASE METALS — PolyMet tests NorthMet material
Metallurgical tests on material pulled from the NorthMet copper-nickel project in northern Minnesota are returning encouraging results for PolyMet Mining (POM-V).The bio-leach testing is being carried…
SUPPLIERS ROUNDUP — Kvaerner awarded Chilean mine contract
Mining consulting firm Kvaerner has signed a US$170-million deal to design and build a mining and solvent extraction-electrowinning operation at the El Tosoro project in Chile.According to Kvaerner’s …
McClean Lake gets green light from AECB
Following months of deferment, Canada’s Atomic Energy Control Board has approved an operating licence that permits the McClean Lake uranium project in northern Saskatchewan to begin producing yellowca…
EDITORIAL & OPINION — FACTS ‘N’ FIGURES — Canadian mineral value drops in 1998
The overall value of Canada’s mineral production fell by 12.3% in 1998 to some $44.3 billion, according to Natural Resources Canada. Significant declines in world prices for major minerals and metals …
Coal industry to meet in Banff
The Coal Association of Canada will hold its 43rd Canadian Conference on Coal in Banff, Alta., from Sept 19 to 21.Senior representatives from many of the world’s leading coal producers and consumers w…
EDITORIAL & OPINION — The taxman cometh . . . and cometh — Green with envy
Say what you like about the United States of America, but it’s one country, united and pretty darn indivisible. People in Maine have the same basic rights as those in South Dakota. Sure Alaskans think…
Quintette, Boliden win competition
Rescue teams from Quintette Coal and the Myra Falls mine were the surface and underground champions, respectively, at mine rescue and first-aid competitions held recently in Revelstoke, B.C.More than …
SPOT PRICES, Wed. June 23, 1999
Precious MetalsPrice (US$/oz.)ChangeGold$258.70-$0.20Silver$ 5.07+$0.06…
Get used to low prices: study
In its latest survey, released in April, London-based Gold Fields Mineral Services (GFMS) predicts that gold prices “will probably be locked within a range of US$265 to US$305 for the rest of the year…