Ascot searches for Sullivan-type deposits
Having walked away from a joint venture on the Fort copper-molybdenum-silver property in the Babine Lake area of central British Columbia, Ascot Resources (AOT-V) has turned its attention to the Cranb…
Articles by Northern Miner Staff
EDITORIAL & OPINION — ODDS ‘N’ SODS — Out with the old
I left Alberta for Ontario in the late 1920s. It was to be a new life for me and my family at the Dome mines, near Timmins.By that time, Dome operations had slipped in some ways. Many of the buildings…
BOOK REVIEW — Author captures drama of Voisey’s Bay deal
The Big Score:Robert Friedland, Inco andthe Voisey’s Bay HustleBy Jacquie McNishDoubleday Canada Limited105 Bond StreetToronto, Ont. M5B 1Y3The 1993 discovery of the Voisey’s Bay nickel-copper-cobalt …
High-grade resources at Mose
A resource estimate on the Mose copper-gold porphyry, part of the Shotgun property of NovaGold Resources (NRI-T) and Cominco (CLT-T), shows an inferred resource of 32.8 million tonnes grading 0.9 gram…
Vista buys Mineral Ridge from Cornucopia
Vista Gold (VGZ-T) has acquired the Mineral Ridge gold mine in southern Nevada from Cornucopia Resources (CNP-T).In return, Vista has issued US$250,000 in stock to Cornucopia and purchased US$250,000 …
Nisga’a treaty contentious
Your Sept. 14 editorial about aboriginal land claims being conducted “behind closed doors” raises questions about the Nisga’a treaty. The treaty, also conducted without public input, has now become a …
MOST ACTIVE ISSUES (November 02, 1998)
ExchgVol (000s)HighLowCloseChangePlacer DomeT1272…
MINING MARKETS & INVESTMENT NEWS — WESTERN MARKETS — Junior mining issues help buoy VSE
The Vancouver Stock Exchange composite index climbed 4.75 points, or 1.2%, to finish the report period ended Oct. 27 at 389.37. The mining index remained steady, edging up only 0.03 of a point, to clo…
PRODUCER & DEALER PRICES (November 02, 1998)
Aluminium: LME settlements US$1,263.50, alloy US$1,085 per tonne (Oct. 27/98).Antimony: Representative mid-market US$1,250 per tonne (Oct. 27/98).Bismuth: Representative mid-market US$3.25 per lb. (Oc…
LME WHSE LEVELS (November 02, 1998)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Oct. 27/98 (change from Oct. 20 in brackets):MetalStocks (tonnes)Change…
Dayton to restructure debt
Dayton Mining (DAY-T) reports that it is in discussions with its creditors for the purpose of restructuring its bank debt.All existing defaults were waived by the lenders through to Oct. 19, 1998, but…
Economics improved at Cristinas
Placer Dome (PDG-T) has reduced the anticipated average production costs at its 70%-owned Las Cristinas gold project in southeastern Venezuela.The reduction of operating costs and the increase in prod…