Companies (February 15, 1999)
Akrokeri-Ashanti Gold MinesAllied ResourcesArgentina GoldAscot ResourcesAtna ResourcesAur ResourcesBarrick GoldBattle Mountain GoldBema GoldBillitonBolidenBreakwater ResourcesCampbell Reso…
Articles by Northern Miner Staff
General Minerals adds to potential in Chile
Results from four more holes indicate potential for the discovery of a large-scale porphyry copper-gold-molybdenum deposit at the Escalones project in central Chile.General Minerals (GNM-T) reports th…
Cominco amends deal with Solitario
Solitario Resources (SLR-T) has revised its joint-venture agreement with Cominco Ltd. (CLT-T), greatly expanding the size of the Bongara zinc project in northern Peru.Cominco will concede 151,800 ha o…
Partners brighten Glimmer mine
Partners Exall Resources (EXL-T) and Glimmer Resources (GME-V) are continuing development efforts at their producing Glimmer gold mine near Matheson, Ont.This year’s programs will include 35,000 metre…
EDITORIAL & OPINION — NEW HORIZONS — Lasers simplify hallmarking
For more than two years, the Birmingham Assay Office investigated the possible application of laser technology in the marking of jewelry and similar products. This marking process is called hallmarkin…
MINING MARKETS & INVESTMENT NEWS – Trelleborg to divest Boliden
Swedish industrial conglomerate Trelleborg plans to divest its holding in its one-time subsidiary, Boliden (BOL-T), by distributing Boliden shares as a dividend to its shareholders.Trelleborg, which i…
MINING MARKETS & INVESTMENT NEWS – WESTERN MARKETS — Hyperion, New Indigo bright spots on dull market
The Vancouver Stock Exchange composite index dropped 5.01 points, or 1.2%, to finish the week ended Feb. 9 at 414.21. The mining index slipped below the 300 mark, losing 8.25 points, or 2.7%, to close…
CORRECTION (February 08, 1999)
A report in our Jan. 25-31 issue incorrectly placed the Rosia Montana property in Bulgaria. The gold-silver project is in Romania.
MINING MARKETS & INVESTMENT NEWS – EASTERN MARKETS — Junior resource stocks enliven lacklustre market
The Toronto Stock Exchange 300 index gained a modest 20.35 points in the report period Jan. 27-Feb. 2 to close the week at 6,683.78.Buoyed by stronger gold and silver prices, the gold and precious met…
Ashanti produces record amount of gold
Ashanti Goldfields (ASL-N) surpassed all its production and cost targets for 1998 on the strength of a banner fourth quarter.The company racked up 1.55 million oz. in gold production for the year (a 3…
Asarco takes loss for quarter
Asarco (AR-N) declared a net loss for the fourth quarter of 1998 as a result of low copper prices.After non-recurring items, the company lost US$68.7 million (or $1.73 per share), compared with net ea…
Meetings (February 08, 1999)
Feb. 9, FCMI Feb. 10, Anderson Feb. 10, Nevada Star Feb. 11, Blackwater Feb. 11, La Teko Feb. 12, GMD Res. Feb. 15, ABX Feb. 15, Messina Diamond Feb. 15, Scandia Feb. 15, Wheat Hills Feb. 16, Colevill…