COMMENTARY — Gold’s behavior predictable
.BRobert HoyeThere is an old saying in physics that if you keep your database short enough, it will fit your theory. The views of both goldbugs and goldphobes seem conditioned by events over only the …
Articles by Northern Miner Staff
MINING MARKETS & INVESTMENT NEWS — Nasdaq officials de-list Casmyn
The listings and qualifications panel has de-listed Casmyn from the National Association of Securities Dealers Automated Quotation, effective July 31.The reason is that Casmyn did not comply with the …
MINING MARKETS & INVESTMENT NEWS — WESTERN MARKETS –Mining index pummelled as western markets slide
The Vancouver Stock Exchange composite index continued its slide into bear territory, losing 10.61 points, or 2.2%, to close at 478.36 over the holiday-shortened report period ended Aug. 4. The mining…
Anaconda to produce uranium in Portugal
Toronto-based Anaconda Uranium (ANU-V) will join a subsidiary of a Portuguese state mining company in developing and mining the Nisa uranium deposits in southern Portugal.The Nisa project consists of …
METAL PRICES — Daily Metal Prices (August 10, 1998)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices in US$ per tonne)DateAug. 4Aug. 3July 31July 30…
Sunnyside up for Altius
Easter is nine months away, but Altius Minerals (ALS-S) is busy hunting for eggs in its home province of Newfoundland.On the Paradise Lake property in Botwood Basin, the junior has identified what it …
Mustang discovers PGEs at East Bull Lake property
Toronto-based Mustang Gold (MUST-C) has uncovered showings of platinum group elements at its East Bull Lake property, 80 km west of Sudbury, Ont.Preliminary geochemical sampling returned up to 1.58 gr…
Millstream completes drilling
Toronto-based Millstream Mines (MLSM-C) has received final results from diamond drilling at its Potter base metal property near Matheson, Ont.In total, 10 deep holes tested for depth and strike extens…
LME WAREHOUSE LEVELS (August 03, 1998)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at July 13/98 (change from July 6 in brackets):MetalStocks(tonnes)Change…
MINING MARKETS & INVESTMENT NEWS — Suspensions abound on TSE, VSE
The British Columbia Securities Commission has issued cease trade orders against four companies that failed to abide by the regulator’s stricter disclosure requirements.Vetta Ventures, Rorex Explorati…
Drilling expands Grayd’s Dry Creek deposit
At its Dry Creek polymetallic property in Alaska, Grayd Resource (GYD-V) has outlined a continuous zone of mineralization over a strike length of 230 metres and to a vertical depth of 140 metres.The s…
Quarterly results keep Eldorado in black
Determined to produce 200,000 oz. gold by the end of the year, Eldorado Gold (ELD-V) has continued to slash cash costs and increase quarterly output.The company reduced total cash costs to US$260 per …