Index (November 16, 1998)
Book ReviewCareersClassifiedCommentaryDiamond PageDividendsDrillersEditorialInsider TradingInvestment CommentaryLetters to the EditorMetal PricesMining Markets and Investment NewsPhoto Ga…
Articles by Northern Miner Staff
Homestake wipes slate clean with quarterly writedowns
Depressed gold prices have induced Homestake Mining (HM-N) to reduce to zero the carrying value of its namesake mine in South Dakota. As a result, the San Francisco-based company no longer expects to …
Kennecott finds more Alberta pipes — Additional targets await testing before year-end
Kennecott Canada Exploration has drill-tested five geophysical targets to date on the Legend property in northeastern Alberta, with only one miss — and, weather permitting, a further four targets are…
Meadowbank enters prefeasibility stage
Cumberland Resources (CDB-T) has advanced its Meadowbank gold project in the Northwest Territories to the prefeasibility stage.Over the next five months, Mineral Resources Development Inc. (MRDI) will…
Canadian miners lend hand in hurricane clean-up
Mining companies operating in Honduras and Nicaragua escaped Hurricane Mitch with little damage and are now helping victims in those devastated countries cope with the aftermath.In Nicaragua, the stor…
Merks a betting man
The interim report of the TSE-OSC mining standards task force refers to the additive property of variances, but the president of the CIM geological society, Marcel Vallee, objects to applied statistic…
SPOT PRICES (November 16, 1998)
Wednesday November 11, 1998Price (US)Week’s ChangeGold*$293.60+$3.50Silver*$ 4.99…
GOLD FUNDS (November 16, 1998)
Gold Funds as of November 5, 1998BGRCentralNet Value$14.495.87Price$10.75…
DIAMOND PAGE — Trivalence reports snags at Aredor mine property
Although hampered by heavy rains and a high sand content, Trivalence Mining (TMI-V) managed to recover 4,783 carats of diamonds from its Guinean concession in the third quarter.More than 129,000 tonne…
Saskatchewan gold mine yields profits for Claude
The Seabee gold mine in Saskatchewan’s La Ronge district continues to generate operating profits for Claude Resources (CRJ-T).The Saskatoon-based company posted operating earnings of $1.8 million for …
Rio Narcea extends gold zone in northern Spain
Drilling at the El Valle mine in northern Spain is expanding high-grade gold mineralization in the recently discovered Sienna zone.The southernmost of the 13 holes that have penetrated the zone so far…
Gitennes outlines drill targets in Peru
Gitennes Exploration (GIT-T) has outlined two bedrock targets at its Azul joint-venture gold project in east-central Peru.The two targets, dubbed Negro and Yuyapichis, are near the upper portion of th…