Gibraltar mine axed by Boliden
New bedfellows Boliden (BOL-T) and Westmin Resources (WMI-T) have decided to cease perations at the Gibraltar copper mine, in south-central British Columbia, by the end of 1998.The decision to suspend…
Articles by Northern Miner Staff
Strong performance for Iamgold
A strong performance by its 38%-owned Sadiola Hill gold mine in Mali, West Africa, propelled Iamgold (IMG-T) to profitable heights in 1997.It was the first year of operation for Sadiola Hill, in which…
Claude posts solid results
Record production from the Seabee gold mine northeast of La Ronge, Sask.helped make 1997 the best year ever for Claude Resources (CRJ-T).Revenues for the year ended Dec. 31, 1997 totalled $34.6 millio…
Falco pulls plug on Konkola
Base metal major Falconbridge (FL-T) has walked away from the Konkola copper project in Zambia.In February 1997, Falco entered into an arrangement with Anglo American’s 50.6%-owned subsidiary, Zambia …
SUPPLIERS NEWS ROUNDUP — Kvaerner wins Irish contract
Lisheen Mining, a joint venture between Minorco and Ivernia, has picked Kvaerner Cementation of Ireland to supply the zinc-lead concentrator for the treatment of underground ore from the Lisheen base …
GOLD FUNDS (March 30, 1998)
Gold Funds as of March 19, 1998BGRCentralNet Value$15.00$6.01Price$11.55$…
MOST ACTIVE ISSUES, Mar. 18-24
ExchgVol(000’s)Close.ZSTVX Gold IncT102274.35Placer DomeT…
Latest results fuel SAR’s hopes in Sweden — Company plans re-evaluation of previous assays
The 39%-owned Swedish subsidiary of Vancouver-based South Atlantic Resources (SCQ-V) has received a pleasant surprise at its Vargbacken gold project in Sweden.Results from drill hole 16 show a 7.3-met…
EDITORIAL — Tulsequah Chief may be harbinger of change — Green for go
After three years of extensive review, the British Columbia government has granted Redfern Resources approval-in-principal to reopen the Tulsequah Chief mine, situated 120 km southwest of Atlin. The V…
DIAMOND PAGE — Tandem finds more gems
Tandem Resources (TDM-M) reports that preliminary testing of a small amount of drill core has confirmed the presence of microdiamonds and corundums on the company’s Guibord Twp. property east of Mathe…
TSE Short Positions (March 30, 1998)
Short positions outstanding at March 15, 1998Larger individual positions include: Abitibi Cons 1,773,252, up 1,017,691; Barrick Gold 14,199,979, up 742,249; Dayton Mining 941,238, down 216,306; Eldora…
SPOT PRICES (March 30, 1998)
Wednesday, March 25, 1998Price (US)Week’s ChangeGold*$298.50+ $9.40Silver*$ 6.34…