MOST ACTIVE ISSUES, April 14-20
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Articles by Northern Miner Staff
QUERY — Records show Peterson Red Lake remains dormant
My late father was involved in mining most of his life, and after going through some papers I have come across three different mining stocks which I think are now defunct — but before I destroy the c…
METAL PRICES (April 26, 1999)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateApril 20April 19April 16Apri…
LATIN AMERICA — Pierina to be world’s lowest-cost producer
Peru’s mining industry will get a major shot in the arm this spring when Barrick Gold (ABX-T) officially opens its Pierina mine in the department of Ancash, 185 miles north of Lima.The valley-fill, he…
METAL PRICES (April 19, 1999)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateApril 13April 12April 9April…
William Resources eyes Russian gold
William Resources (WIM-T) has acquired from subsidiary Rux Resources (RUXR-C) a small royalty in the Shkolnoye gold project in eastern Russia.In lieu of a debt, the company received 1.5% of Rux’s 10% …
Alta Gold slashes costs
Despite startup problems, Alta Gold (ALTA-Q) has reduced cash costs at the newly opened Olinghouse gold mine, 30 miles east of Reno, Nev.During its first three months of operation, the mine incurred c…
Camnor drills prospects
Junior Camnor Resources (CMB-V) has announced plans to drill-test three of the 18 Alaskan properties in which it has interests.Discovery Gulch — Initially, drilling will focus on the Discovery Gulch …
Meetings (April 19, 1999)
April 19, Alberta Star April 19, Blackpool April 19, Bonus April 19, Cdn. Mining April 19, Complex April 19, Int’l Dunlap April 19, Iriana April 19, Jordex April 20, Bitterroot April 20, Classic Gold …
Anmercosa drills gold
Anmercosa Explorations, a subsidiary of Anglo American (ANGLY-Q), has drilled several shallow gold intersections at the Razorback licence in the Lupa goldfields region of southwestern Tanzania.Rotary …
Platexco upgrades resources at Winnaarshoek
As part of an ongoing prefeasibility study, Platexco (PTX-T) has upgraded the resources contained in the Merensky and UG-2 reefs at its Winnaarshoek platinum group metals (PGM) property on the eastern…
NWMA opposes amendments
The Northwest Mining Association (NWMA) is urging U.S. mining companies to oppose recommended changes to regulations governing hardrock mining on lands managed by the Bureau of Land Management (BLM).T…