Tiomin plans feasibility study
As soon as sufficient financing is in hand, Tiomin Resources (TIO-T) is prepared to launch a full feasibility study at its Kwale titanium mineral sands project on the coast of Kenya.The deposit, situa…
Articles by Northern Miner Staff
MINING MARKETS & INVESTMENT NEWS – INVESTMENT COMMENTARY — Gold-weary analysts focus on Platexco
It used to be that only the powerful South African majors had any hope of holding ground in the Bushveld igneous complex of South Africa, the world’s largest repository of platinum group metals (PGMs)…
FACTS ‘N’ FIGURES — Gold loses lustre in SE Asia
The economic and currency crisis that has gripped Southeast Asia has had a significant adverse impact on gold demand in the region. Consumers purchases of gold in Thailand, Indonesia, Singapore, Malay…
Crystallex shareholders cry over end of legal battle
The shorts laughed all the way to the bank and the longs cried over their losses.So sums up the range of emotions felt by fans and critics of Crystallex International (KRY-T) after a Venezuelan court …
Drilling adds more sparkle to Meadowbank
A winter drilling campaign at the Meadowbank gold project of Cumberland Resources (CBD-T) has connected the Third Portage and North Portage zones, while extending the adjacent Bay zone northwards.The …
River Gold buys Mishi
River Gold Mines (RIV-T) has acquired the Mishi Lake gold deposit near Wawa, Ont.The vendors, MacMillan Gold (MMG-T) and Mishibishu Gold (MGO-V), held 40% and 60% interests, respectively.River’s cost …
Shear slippage blamed for dam failure
A preliminary report by a Spanish consulting firm suggests that the Los Frailes tailings dam near Aznalcollar, Spain, failed when a shear zone in the underlying rocks slipped.In a report to owner Boli…
Canada issues silver coin
In sports, bigger is often better, so it is fitting that the Royal Canadian Mint has made its new sport-themed silver coins the largest-ever legal tender Canadian coins.The four 10-oz. sterling silver…
MINING MARKETS & INVESTMENT NEWS — Horst turfed from Dayton board at annual meeting
At the annual meeting of Dayton Mining (DAY-T), dissident shareholder Manchester Securities succeeded in ousting Dayton Chairman Roland Horst and the entire board of directors.Before the votes were ca…
MOST ACTIVE ISSUES, June 10-16
ExchgVol(000s)HighLowCloseChangePlacer DomeT6882…
SPOT PRICES (June 22, 1998)
Wednesday June 17, 1998Price (US)Week’s ChangeGold*$288.40- $5.75Silver*$ 5.28…
LME WAREHOUSE LEVELS (June 22, 1998)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at June 8/98 (change from June 1 in brackets):MetalStock (tonnes)Change…