Energold to reacquire 100% of Longyear
Under a proposed agreement with Eldorado Gold (ELD-T), due to close in late November, Energold Mining (EGD-V) will reacquire the Longyear gold concession in the Dominican Republic.Energold currently h…
Articles by Northern Miner Staff
Careers (November 16, 1998)
Placer Dome North America…
MINING MARKETS & INVESTMENT NEWS — WESTERN MARKETS — Voisey’s Bay juniors on move as VSE posts modest gains
For the report period ended Nov. 10, the Vancouver Stock Exchange composite index inched up 3.45 points to 405.15, while the mining index added 5.48 points to finish at 300.55. The combined value of t…
METAL PRICES (November 16, 1998)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateNov. 10Nov. 9Nov. 6Nov. 5…
Juniors find hurdles in property deal
The vendor is trading at 2 cents; the potential purchaser at 6 cents. The tough times for junior companies are not helping two companies conclude an agreement for the sale of a 50% interest in the Len…
Philex remains in the red
Plummeting production at its Philippine gold operations continues to plague Philex Gold (PGI-T), with the junior reporting yet another quarterly loss.For the three months ended Sept. 30, Philex lost U…
Meetings (November 16, 1998)
Nov. 16, IBI Nov. 16, Lytton Nov. 16, Wespac Nov. 17, Agau Nov. 17, Canmark Int’l Nov. 17, Gran Columbia Nov. 17, Orezone Nov. 17, Oro Nevada Nov. 17, Trivalence Nov. 17, X-Cal Nov. 18, Celestar Nov. …
AMT finds partner for Copper Creek
A partnership with the American unit of an Australian mining company sets the stage for AMT International Mining (AAI-T) to advance its Copper Creek project, northeast of Tuscon, Ariz.AMT and GTN Copp…
Nord weighs development options for Tritton
Based on the positive results of a feasibility study, Nord Pacific (NPF-T) is weighing the merits of two mining scenarios for its 50%-owned Tritton copper project in New South Wales, Australia.Fortuna…
Magnesium Alloy advances Kouilou project
A letter-of-intent agreement between Magnesium Alloy (MGAC.U-C) and engineering firm SNC-Lavalin paves the way for advanced studies on the former’s Kouilou magnesium project in the Republic of Congo.T…
Mine exceeds targets
Partners High River Gold Mines (HRG-T) and TVX Gold (TVX-T) expect that 1998 production from the New Britannia gold mine will exceed the target of 92,500 oz.The companies each own half of the undergro…
LETTERS TO THE EDITOR — Geostatistics credible, widely used
The editorial “Challenging Geostatistics” (T.N.M., Sept. 28-Oct. 4/98) contains many statements and implications with which I disagree. I restrict my comments here to the title and the general aim of …