PEOPLE — Inspiration Mining
Robert Lockwood appointed president and director, Stefano Paoli appointed director, and Jerry Beaulac appointed secretary.
Articles by Northern Miner Staff
PEOPLE — Indo Metals
P.T. O’Kane appointed director.
Newmont Gold VP to address joint luncheon
David Baker, vice president of Newmont Gold, will speak at the joint luncheon of the Prospectors & Developers Association and the Canadian Institute of Mining, Metallurgy and Petroleum, to be held Mar…
La Teko gives nod to Kinross merger
Shareholders of La Teko Resources (LAO-T) have voted 99% in favour of a proposed merger with Kinross Gold (K-T).Stockholders will receive 0.4 of a Kinross share in return for each La Teko share.La Tek…
Freeport ups reserves at Grasberg
Freeport-McMoRan Copper & Gold (FCX-N) has boosted proven and probable reserves by 12% at its Grasberg copper-gold mine in Irian Jaya, Indonesia.The figure now stands at 2.48 billion tonnes grading 1….
Auspex, Vestor finance feasibility at Aljustrel
Auspex Minerals (APJ-V) and partner International Vestor Resources (IVS-V) have raised up to US$5 million to finance an ongoing feasibility study of the Aljustrel base metal project in Portugal.Resour…
Companies (March 01, 1999)
Aber ResourcesAfriOreAlberta EnergyAltai ResourcesAmgoldAnglo AmericanAnglogoldArgentina GoldArizona Star ResourceAscot ResourcesAshanti GoldfieldsAshton Mining Of CanadaAshton MiningAtna ResourcesAur…
U.S. MARKETS — Dow climbs toward new high
The Dow Jones industrial average climbed 247.39 points over the report period ended Feb. 23, to 9,544.42 — 100 points shy of a new high.Mining issues were mixed. Most copper producers continued to su…
OVERSEAS QUOTES (March 01, 1999)
Close: Tuesday February 23, 1999SOUTH AFRICA (SA Rand)StockVolumeCloseAnglovaal Mg298,30024.50…
Russia renews promises for coal reform — Proposals include cash, mine designations, increased exports
Russian Prime Minister Yevgeny Primakov has pledged $780 million to the country’s battered coal industry as the first step in a new government restructuring plan.The money will be used to pay wages ow…
EASTERN MARKETS — TSE moves higher despite rut in resource stocks
The Toronto Stock Exchange was higher over the report period Feb. 17-23, with the retail and manufacturing stocks leading the way. The TSE 300 composite index added 68.26 points, or 1.1%, to close at …
GREATEST VALUE TRADED, Feb. 17-23
ExchgVal($000s)HighLowCloseChangeBarrick GoldT196…