Sikaman expands exploration portfolio
Toronto-based Sikaman Gold Resources (SKG-T) has expanded its domestic exploration portfolio by optioning three base metal properties in central and eastern Canada.In the Rouyn-Noranda region of Quebe…
Articles by Northern Miner Staff
PEOPLE — Polymet (October 19, 1998)
Peter Steen and George Brazier appointed directors.
LETTER TO THE EDITOR — APEGBC part of solution, not problem
We read with alarm and dismay Jack Charlton’s letter (“National QP standards a must,” T.N.M., Sept. 14-20/98) referring to either elitist or xenophobic organizations such as the Association of Profess…
GREATEST VALUE TRADED (October 19, 1998)
ExchgVolume(000s)HighLowCloseChangeBarrick GoldT4…
TSE INDICES (October 19, 1998)
1998Oct. 13Oct. 12Oct. 9Oct. 8Oct. 7HighLowCompos…
MINING MARKETS & INVESTMENT NEWS — WESTERN MARKETS — Argentina Gold among few winners in slack Vancouver market
The Vancouver Stock Exchange composite index lost 7.92 points, or 2%, to close at 384.69 over the holiday-shortened report period ended Oct. 13. The mining index edged down a notch, losing half a poin…
Nord Pacific goes Canadian
Aiming to increase its exposure to Canadian equity markets, U.S.-based Nord Pacific (NPF-T) has changed its corporate domicile to New Brunswick from Bermuda.Shareholders have already approved the chan…
METAL PRICES (October 19, 1998)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateOct. 13Oct. 12Oct. 9Oct. 8…
MINING MARKETS & INVESTMENT NEWS — EASTERN MARKETS — Gold rally takes a breather as base metal miners gain ground
The shine was off the precious metals this past week, with gold dropping $2.25 to US$296.60 per oz., platinum slumping $5.50 to US$340.50 per oz., palladium slipping $5 to US$276 per oz. and silver sl…
INDUSTRIAL MINERALS — Robex sells Upton barite deposit
East Coast drilling improves economics of eastern Quebec project Ten years of exploration at the Upton barite deposit near Montreal, Que., are beginning to bear fruit for owner Robex Resources (RBX-T)…
INDUSTRIAL MINERALS — Freeport Sulphur merger going ahead
In a weak market for both sulphur and hydrocarbons, Freeport Sulphur (FSC-N) has fashioned a merger with its oil-producer cousin, McMoRan Oil and Gas.The historic sulphur company, the original develop…
Royal Oak’s Kemess at commercial stage
The Kemess South gold-copper mine in north-central British Columbia has reached commercial production, Royal Oak Mines (RYO-T) reports.Construction of the mine began in July 1996, and limited producti…