METAL PRICES (February 22, 1999)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateFeb. 16Feb. 15Feb. 12Feb. 11…
Articles by Northern Miner Staff
MINING MARKETS & INVESTMENT NEWS – EASTERN MARKETS — Golds post modest comeback while base metals retreat
The Toronto Stock Exchange 300 index slid 57.49 points in the report period Feb. 10-16, ending the week at 6,386.48.Gold producers regained some ground, with the gold and precious metals sub-group ris…
MINING MARKETS & INVESTMENT NEWS – WESTERN MARKETS — Few signs of life from VSE-listed junior explorers
There was little to cheer about during the report period Feb. 10-16, as western markets put in another lacklustre performance. The Vancouver Stock Exchange composite index slipped 5.43 points, or 1.3%…
MINING MARKETS & INVESTMENT NEWS – U.S. MARKETS — Low copper pounds producers
The Dow Jones industrial average gained 164 points, or 1.8%, during the report period ended Feb. 16, to close at 9,297.03.Mining issues were mixed throughout the week, though copper producers were hit…
Xemac extends zone at Lac Barry gold project
A drill program by Xemac Resources (XEM-M) has extended the No. 2 gold zone at the junior’s Lac Barry project near Lebel-sur-Quevillon, Que.One of the holes testing the No. 2 zone returned 89.7 grams …
Grayd tallies resource
Junior Grayd Resource (GYD-V) is encouraged by results of a resource calculation for its wholly owned Dry Creek polymetallic property in the Bonnifield mining district of Alaska.The estimate is based …
DIAMOND PAGE — IG boosts stake in Bakyrchik mine
Although weak gold markets make it unlikely the Bakyrchik mine will resume production any time soon, Indochina Goldfields (ING-T) has acquired the remaining 20% stake in the Kazakstani gold project an…
Drilling expands prospect
Turkey’s ambivalence over the use of cyanide in mining hasn’t impeded exploration at the Yenipazar polymetallic project, a joint venture involving Anatolia Minerals Development (AMCD-C) and Rio Algom …
PEOPLE — Global Expl.
Anthony Field appointed chairman, Rupert Bowen appointed director, Allison Eaton appointed president, and Betty Anne Loy appointed secretary.
PEOPLE — Kit Res.
Ian McDonald appointed chairman, CEO and director.
EDITORIAL & OPINION — A land-use planner’s job is never done — Changing goalposts
Margaret Thatcher once said that trying to run a country by consensus is foolhardy at best and an abdication of leadership at worst (or words to that effect). Nonetheless, governments of all stripes c…
Franco earnings dip slightly
Low commodity prices have barely clipped the bottom line of Franco-Nevada Mining (AGM-T), a royalty company with a 50% interest in the newly producing Ken Snyder gold mine in Nevada.Franco posted net …