PRODUCER & DEALER PRICES (April 26, 1999)
Antimony: Representative mid-market US$1,260 per tonne (April 20/99).Bismuth: Representative mid-market US$3.50 per lb. (April 20/99).Cadmium: Representative mid-market US$0.23 per lb. (April 20/99).C…
Articles by Northern Miner Staff
Cancor plans more drilling at Gemini
With results from five more drill holes in hand, Cancor Mines (KCR-M) is reviewing existing data in order to guide the next phase of drilling at the Gemini property, north of La Sarre, in Quebec’s Abi…
MINING MARKETS & INVESTMENT NEWS — WESTERN MARKETS — VSE revives as juniors gain ground
The Vancouver Stock Exchange composite index closed at 435.48, up 5.63 points, or 1.3%, for the week ended April 20. The mining index climbed 9.77 points, or 3.23%, and closed at 312.51.Meanwhile, the…
PFN acquires River Valley
Intent on discovering platinum group elements, Pacific North West Capital (PFN-A) has acquired the River Valley property in Pardo and Dana twps., northeast of Sudbury, Ont.The junior has already tied …
Corona, Harte sweet on Sugar
Drilling by Corona Gold (CRG-T) at the Sugar Zone gold deposit, 25 km north of White River, Ont., has substantiated a resource of 692,000 tonnes grading 6.9 grams gold per tonne.Corona, which is fundi…
DIAMOND PAGE — Diavik feasibility study delayed until mid-year
The final feasibility study for the proposed Diavik diamond mine project in the Lac de Gras area of the Northwest Territories will be not be completed until the federal minister of the environment has…
DIAMOND PAGE — Kennecott finds dyke on DHK claims
Kennecott Canada Exploration has intersected 2.1 metres of a kimberlite dyke while drill-testing an anomaly that lies close to a known kimberlite pipe on the DHK claim block, at the southwestern end o…
Champion arranges financing
Champion Resources (CHL-V) will finance a due diligence program on its wholly owned Farim phosphate project in Guinea-Bissau, West Africa, by selling a 3-million-unit, non-brokered private placement t…
LATIN AMERICA — Merger proposed for Alamos, Big Sky Res.
The management of Alamos Minerals (AAS-V) and Big Sky Resources (BKY-V) have proposed a merger.The plan of arrangement calls for Alamos to acquire all the outstanding shares of Big Sky, with the latte…
Fertilizer king PCS keeps turning a profit
While not quite matching the previous year’s stellar performance, Potash Corp. of Saskatchewan (pcs-t) still managed to turn a considerable profit in 1998.PCS earned US$261 million (or US$4.82 per sha…
LATIN AMERICA — Alumbrera improves performance
With startup problems behind it, the Alumbrera copper-gold mine in northwestern Argentina was close to breaking even in 1998.The open-pit mine, owned 25% by Rio Algom (ROM-T), achieved commercial prod…
LATIN AMERICA — Opawica finds gold anomalies at Cura Este
Toronto-based Opawica Explorations (OPW-T) has discovered a new area of anomalous gold mineralization on its 16,000-ha Cura Este property in Argentina’s Valle del Cura district.The discovery, made dur…