Meetings (May 31, 1999)
May 31, FoundationMay 31, GeomaqueMay 31, Golden TrumpMay 31, Holmer GoldMay 31, NanecoMay 31, Prospector Int’lMay 31, SerenaMay 31, US DiamondJune 1, Ascot EnergyJune 2, DoublestarJune 2, Elk PointJu…
Articles by Northern Miner Staff
PRECIOUS METALS — Aurizon finds more gold at Casa Berardi
The Casa Berardi property in northwestern Quebec has yielded more gold to owner Aurizon Mines (ARZ-T).Ongoing definition and stepout drilling hit several wide intervals in Zone 113 and west of the Low…
PRECIOUS METALS — Soquem, Eastmain outline mineralization
A 9-hole drill program at the Eau Claire (Clearwater) property in the James Bay region of northwestern Quebec has established continuity of mineralization on a known gold structure.Quebec-government-o…
Engineering work begins at Samira Hill gold project
With a positive feasibility study in hand, Etruscan Resources (EET-T) has initiated site preparation and engineering work at the Samira Hill gold project in Niger, West Africa.A unit of Rand Merchant …
MINING MARKETS & INVESTMENT NEWS — WESTERN MARKETS — Bullish traders await results from Winspear
The Vancouver Stock Exchange composite index lost 9.41 points, or 2%, to finished the holiday-shortened report period ended May 25 at 457.64. The mining index dipped 4.54 points, or 1.4%, to close at …
TVX advances Olympias gold project
Good news keeps pouring in for TVX Gold (TVX-T). The Toronto-based company has received a pre-approval permit for its Olympias polymetallic project in Greece, paving the way for completion of an envir…
PRECIOUS METALS — Laronde development on fast track
Having endured yet another quarterly loss, mid-tier gold producer Agnico-Eagle Mines (AGE-T) is forging ahead with expansion plans at its Laronde mine in northwestern Quebec.For the 3-month period end…
MINING MARKETS & INVESTMENT NEWS — U.S. MARKETS — Metal prices punish producers
The Dow Jones industrial average slid 305.86 points, or 2.8%, during the report period ended May 25, while gold continued eroding and copper resumed its downward trend.Mining issues suffered for the w…
TSE INDICES, May 19 – 25
1999May 25May 24May 21May 20May 19HighLowComposit…
METAL PRICES (May 31, 1999)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateMay 25May 24May 21May 20…
LME WHSE LEVELS (May 31, 1999)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at May 25/99 (change from May 18 in brackets):MetalStocks(tonnes)Change…
Band-Ore uncovers PGEs
Sampling by Band-Ore Resources (BAN-T) at its recently acquired Nym Lake property has returned respectable platinum and palladium values.Five of six grab samples collected along 200 metres of an intru…