MOST ACTIVE ISSUES, May 27-June 2
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Articles by Northern Miner Staff
LETTER TO THE EDITOR — Touting BC’s ‘solid foundation’
The creation of the British Columbia Mining Initiative, announced by the provincial government on April 21, 1998, is a tribute to the commitment of B.C.’s mining executives to the future of the mining…
MINING MARKETS & INVESTMENT NEWS — Royal Oak’s performance worries analyst
Mining analyst Roger Chaplin of T. Hoare & Co. describes the 1997 results of Royal Oak Mines (RYO-T) as “disastrous” and sees little upside for the beleagured gold producer.Chaplin is not encouraged t…
MINING MARKETS & INVESTMENT NEWS — QUERY — Golden Eagle a rare bird in gold mining
Has your paper ever done an article on Golden Eagle International? It supposedly has found 6 million oz. gold minimum, 157 million oz. potentially.Is this find true, or another Bre-X? You’d figure tha…
MINING MARKETS & INVESTMENT NEWS — WESTERN MARKETS — High-flyer St. Jude comes back to earth
The Vancouver Stock Exchange composite index lost 14.42 points, or 2.4%, to close the report period ended June 2 at 588.79. The mining index followed suit, slipping 15.7 points, or 3.4%, to finish at …
MINING MARKETS & INVESTMENT NEWS – EASTERN MARKETS — Mining issues fall in stagnant market
The Toronto Stock Exchange traded in a narrow range during the May 27-June 2 report period, with the TSE 300 composite index closing down 91.95 points to 7,534.01. Both mining sub-groups outpaced the …
BC mining rights act approved
A bill that supports the introduction of mining initiatives to attract investment and create jobs in the mining sector has been approved by the British Columbia legislature and now awaits final approv…
Spectrum seeks PGMs in New Zealand
High prices and demand for platinum and palladium have prompted Spectrum Resources (SPC-V) to option two New Zealand properties prospective for platinum group metals (PGMs).The first property covers 1…
MINING MARKETS & INVESTMENT NEWS — U.S. MARKETS — Dow and gold continue slide
The Dow Jones Industrial average lost 72.49 points, or 0.8%, during the May 27-June 2 report period to close at 8,891.24. Gold producers also lost ground as the price of the yellow metal continued to …
Companies (June 08, 1998)
Ag Armeno Mines & MineralsAlberta EnergyAmerican Bullion MineralsAnglo AmericanArchon MineralsAshton Mining of CanadaAsia Pacific ResourcesAvminBlack Hawk MiningBMR GoldBorneo GoldBroken Hill Propriet…
Golden Bear awakens from winter sleep
Operator Wheaton River Minerals (WRM-T) has resumed production at the Golden Bear gold mine in northwestern British Columbia.The seasonal operation, which reentered production last August after severa…
MINING MARKETS & INVESTMENT NEWS – INVESTMENT COMMENTARY — Bulyanhulu considered one of world’s best
Graeme Currie, mining analyst for Canaccord Capital, has issued a “speculative buy” recommendation for Sutton Resources (STT-V) based on the growing resource at the company’s Bulyanhulu gold deposit i…