TSE Short Positions (October 20, 1997)
Short positions outstanding at September 30, 1997.Larger individual positions include: Barrick Gold 10,864,455, down 464,298; Bellator Exploration 170,000, up 170,000;Bema Gold 4,755,848, up 423,650; …
Articles by Northern Miner Staff
South Atlantic drills Nautanen target
Through a 38%-owned subsidiary, South Atlantic Resources (SCQ-V) has begun drill-testing the Nautanen target on the Solberget project in Sweden.The project is 70 km north of the Arctic Circle and 15 k…
Ventures hits high grade — Trenching program returns base metals on Eva property
At its Chicken Mountain prospect in west-central Alaska, Ventures Resource (vrs-v) has intercepted high-grade gold values.Diamond drilling at the project, which forms a portion of the so-called Flat p…
COMMENTARY — Our day on the Hill
The author is chairman of the Mining Association of Canada. He has written the following at the request of Keep Mining in Canada, an organization formed to increase awareness of the importance of mini…
EDITORIAL — Breaking in a new mines minister — Back to square one
Countless mines ministers, both federal and provincial, have come and gone during the 82-year history of this paper. We’ve had some good ones, some that did a passable job, and others who were plain a…
Miners abroad advised to expect higher costs
Escalating costs pose a greater threat to the mining industry than do falling metal prices, according to the head of the mining group for Price Waterhouse.In a speech delivered at the accounting firm’…
DIAMOND NEWS ROUNDUP — Messina evaluates Liqhobong
Toronto-based Messina Diamond (msc.u-t) has completed the evaluation of 1,303 carats recovered from its initial bulk sampling of the Satellite pipe at the Liqhobong project in Lesotho, South Africa.Th…
GREATEST VALUE TRADED, Oct. 8-14
ExchgValue ($000s)HighLowCloseChangeBarrick GoldT…
Metal Prices — Daily Metal Prices (October 20, 1997)
BASE METALS (London Metal Exchange – Midday bid/ask prices in US$ per tonne)DateOct. 14Oct. 13Oct. 10Oct. 9Oc…
Output of gold, silver up, base metals fare less well
Canadian production of gold,silver, potash and iron increased between August 1996 and August 1997.However, output of copper, nickel, lead, zinc and asbestos decreased over the same period.The statisti…
DIAMOND NEWS ROUNCUP — Botswana eyes Angolan ground
An agreement between an national firm and Botswana Diamondfields (BWD-V) sets the stage for that company to secure rights to a large diamond concession in the Lunda Norte region of Angola.The concessi…
High River Gold moves to feasibility stage in southern Siberia
Siberia is not the easiest place to build and operate a mine, but Toronto-based High River Gold (HRG-T) is seeking to become a major player in that region’s gold industry.A partner in the Russian comp…