GREATEST VALUE TRADED, June 10-16
ExchgVal($000s)HighLowCloseChangeBarrick GoldT137…
Articles by Northern Miner Staff
MINING MARKETS & INVESMENT NEWS — U.S. markets — Mining companies hit new lows
Turmoil in the Asian markets sent the Dow Jones Industrial average down 384.63 points, or 4.2%, during the report period of June 10-16, including a drop of more than 200 points on June 15. The Dow clo…
More drilling slated for Beta Vargas
Lyon Lake Mines (LLL-M) has begun a 2,500-metre reverse-circulation drilling program at its producing Beta Vargas property in Costa Rica.The program has been designed to outline additional gold reserv…
Companies (June 22, 1998)
Aber ResourcesAnglo AmericanAriel ResourcesArlo ResourcesAurizon MinesAzimut ExplorationBarrick GoldBlack Pearl MineralsBlue Emerald ResourcesBolidenBroken Hill ProprietaryCambiorChannel ResourcesCrys…
METAL FUTURES (June 22, 1998)
Settlement prices for London Metal Exchange spot metal and three-month contracts, June 16/98 (US$ per tonne):MetalsCash Price3 Month Price…
TSE INDICES (June 22, 1998)
1998June 16June 15June 12June 11June 10HighLowCom…
Winspear encouraged by bulk-sampling results on dyke
A surface bulk-sampling program on a shallow-dipping diamondiferous kimberlite dyke at the Camsell Lake property in the Northwest Territories has yielded a significant number of large “gem-quality” st…
Index (June 22, 1998)
CareersClassifiedCommentaryDiamond PageDrillersEditorialFacts’n’FiguresInvestment CommentaryMarket PlaceMetal PricesMining Markets and Investment NewsProfessional DirectoryQueryStock MarketSubscriptio…
Bre-X founder dies
David Walsh, the stock promoter behind the meteoric rise of disgraced junior Bre-X Minerals, died June 4 at age 52 following a massive stroke.Walsh was admitted to a Bahamian hospital May 31 and had b…
Grayd hits massive sulphides
In a continuation of last year’s drilling program, Grayd Resource (GYD-V) has encountered volcanogenic massive sulphide mineralization in the first three stepout holes in the Fosters Creek area of the…
Geomaque optimizes mine
Estacion Llano, Mexico — Striving to keep ahead of slumping gold prices, Geomaque Explorations (GEO-T) continues to optimize operating performance at its wholly owned San Francisco gold mine.Since it…
EDITORIAL — Fire-assay checks should be prescribed — Lessons learned the hard way
In early 1994, the salting gang at the Busang ounce factory in Kalimantan realized that the coarse placer gold they were adding to drill-core samples caused “reproducibility problems” between duplicat…